Estate Law
Probate is the court supervised process of distributing assets after someone passes away, ensuring that their estate is properly managed and distributed either according to their will or according to state laws. This process, in California, typically takes 1-2 years, with heavy court supervision. Understanding the steps involved in probate can help you navigate this … Read more
Estate planning is a crucial task that ensures your assets are distributed according to your wishes after your death. These days, however, there are a myriad of “DIY” estate planning options, especially online. While DIY estate planning might seem like a cost-effective and convenient solution, it carries significant risks. Here’s why you should think twice … Read more
Special Needs Trusts (SNTs) are a crucial estate planning tool designed to benefit individuals with disabilities. They provide financial support while preserving eligibility for government benefits such as Supplemental Security Income (SSI) and Medicaid / Medi-Cal. Below, we will explore the benefits, types, and key considerations of Special Needs Trusts. Benefits of Special Needs Trusts … Read more
Estate planning is an essential process that ensures that you take care of your family, and that your assets are managed and distributed according to your wishes after your passing. Many people delay estate planning, believing it’s only necessary later in life. In addition, many fail to realize that updating your estate plan is critical … Read more
After the creator(s) of a trust have passed away, the designated successor trustee then takes on the crucial role of administrating that trust. Administering a trust involves several critical steps to ensure that the trustee manages the trust according to its terms and in the best interests of the beneficiaries. Understanding these steps can help … Read more
When it comes to estate planning, understanding the differences between a Last Will and Testament and a Living Trust is crucial. Both documents serve important purposes, but they function in distinct ways. Here, we’ll explore the benefits and potential disadvantages of each to help you make an informed decision. Last Will and Testament Benefits: Disadvantages: … Read more
Estate planning is a critical aspect of ensuring your assets and legacy are managed according to your wishes. At Goodman Estate Law, we specialize in providing personalized estate planning services that cater to your unique needs and goals. Our team is dedicated to guiding you through every step of the process, ensuring peace of mind … Read more