WHAT IS THE PROCESS FOR CREATING A TRUST PACKAGE? (video)
Carlsbad Trust attorney, Andrew Fesler, gives insight into creating a trust package, what is meant by that, and some of the ways to accomplish this. As a leading attorney in Carlsbad, California, he specializes in estate administration and probate, trust administration, advance directives, business succession planning, and all aspects of estate planning, including setting up a […]
WHY DO WE NEED TO FUND A TRUST
Andrew Fesler, a leading Carlsbad estate planning lawyer, reviews why you need to “fund a trust”- what does that mean and why is it necessary. Transcript: ” Because a trust is an entity unto itself that the client is creating, the trust needs to actually own all of the assets that the client wants it […]
Importance of a Living Will in California
A living will in California is an essential document to include in your comprehensive estate plan. It is a legal document that states your healthcare preferences for end-of-life care. A Living Will helps you prepare for the unexpected such as a life threatening car accident or an illness which quickly causes deterioration. It addresses decisions […]
Does California have Estate Tax or Inheritance Tax?
When it comes to estate planning and inheritance, understanding the tax implications is crucial. In California, residents may wonder if there is an estate tax or an inheritance tax in the state. The good news is there isn’t a state estate tax or an inheritance tax in California. There is however a Federal Estate Tax […]
Five Things to Know about California Probate
California Probate is the legal process that takes place after someone passes away. Its purpose is to administer their estate by paying outstanding taxes, paying off debts, and distributing assets to beneficiaries. In California, unfortunately, the probate process can be complex and time-consuming. Here are five things to know about the California probate process. Consult […]
Second Marriages and Estate Planning
Second marriages are very common and they are one of the most important reasons to have your estate plan updated or in some cases, created. When it comes to second marriages and estate planning there are considerations you did not have with your first marriage. You want your estate plan to reflect what is important […]
