There are several reasons why you might consider avoiding probate. The three main factors are 1) the cost 2) the time and 3) the lack of privacy. Lets talk about costs. If you own a home or two and you have other investment devices like antiques, cars, jewelry, etc., all these items must go through probate if you have a will. The fees to pay an attorney to probate your estate are set by … [Read more...]
Estate Planning 101 for Second Marriages/Blended Families
Part 1: Goals and Concerns Have you entered a second or third marriage? Does your new spouse or partner bring with him or her children and/or property? Estate planning involving a second marriage or partnership usually means that there is more to deal with; more children, more property and usually, more issues. Our goal at East Bay Probate and Trust Administration is to provide you and your … [Read more...]
Advanced Health Care Directive
Are you concerned if you should become incapacitated and are unable to make health care decisions for yourself? Illness and advanced age are not the only reasons why an Advanced Health Care Directive (AHCD) is suggested. Remember Terry Schiavo? She was only 26 years old when she lapsed into a coma. Perhaps you might be going on a trip that has expected dangers. Perhaps you have been diagnosed … [Read more...]