What is an Asset?
One of the first steps when creating an estate in Carlsbad is to list your assets. An asset is anything you own that holds monetary value. Some common examples of assets include your home, car, bank accounts, stocks, and retirement plans. Estate planning attorney Andrew Fesler can help you identify and understand your assets. He […]
Who Can Dissolve a Revocable Trust?
As the name suggests, a revocable trust can be dissolved or revoked at any time. But by who is important. The only person who has the ability to dissolve a revocable trust is the person who created it in the first place. The formal term for the person who creates the trust is the “settlor. […]
What is the Power of Attorney?
Simply put, the power of attorney is a document you would create which grants an individual you designate the power to act with authority on your behalf. It is a common part of a well-designed estate plan. Also referred to as an “agent,” that individual that you have designated with the power of attorney has […]
