La Mirada Real Estate, Fountain Valley Real Estate Qualified real estate representation for La Mirada Real Estate and Fountain Valley Real Estate. Call Matt McGilvray, your La Mirada and Fountin Valley Real Estate Professional. Search the entire SoCal MLS.
Offshore Company Formation Aspen Global Incorporation- offers offshore company management and secretarial services, company formation, asset protection, international trusts and foundation management services in hong kong belize, Seychelles etc.
How do I choose a Guardian for my children? Perhaps the greatest peace of mind that parents of minor children can have is knowing who will take care of their children should something happen to them. Naming a guardian in your Will will help ensure that your choice is appointed.
How do I specify Beneficiaries? The reason you are making a Will is to distribute your estate to those you choose. Beneficiaries can be people, charitable organizations or trusts. Generally, you may specify any person or organization.
How should I choose an Executor? Some state call them executors, others refer to them as personal representatives. By any name, this is the person you choose to carry out the terms of your Will. The responsibilities of the Executor are important. He or she must collect your assets, pay all debts, taxes and expenses of the estate, and distribute the remaining assets to your beneficiaries.
Prepare a Will Step by Step If you think that you don't need a will because you don't have children, think again. If you die without one, you will have no control over how the state distributes your assets.
What about Probate? Probate is the court supervised legal process that includes determining the validity of your will, gathering your assets, paying your debts, taxes, and the expenses of will administration, and then distributing the remaining assets to those persons entitled to them.
What does a Will do? Simply put, a Will is the legal document that allows you to have the last word after your death. When you make a Will, you choose who will receive your property after your death. You choose who will carry out your wishes, and you select whom you want to care for your minor children. In order to make your Will legally valid, there are certain signing formalities that must be followed.
What do I have to do to have a Will? When you make out your Will, you'll need to designate beneficiaries and an executor. The beneficiaries are the people or organizations who receive your property. The executor is the one you designate to see that your wishes are carried out.
Wills and Trusts Both Wills and Trusts are devices which you can use to provide for the distribution of your estate upon your death. Deciding whether a Will or a Trust best fits your needs depends on your circumstances.
Wills and Trusts - What is a Living Trust? A Will comes into play only after you die, but a living trust can actually start benefiting you while you are still alive. A living trust is a trust established during your lifetime.
Wills and Trusts - What is a Trust? Think of a trust as a holding pen, a place where you put your assets before they are released to the people or organizations that you designate to eventually receive them.
Wills & Trusts - What are some Tax Considerations? The old saying about death and taxes takes on a double meaning when it comes to taxes on your estate. Any transfers made by an individual, including lifetime gifts and bequests made at death, are subject to gift and estate taxes. However, keep in mind that there are a number of exemptions and credits than you can use to your benefit when planning your estate.