ProbateServices

Inheriting a house can be both a blessing and a challenge, especially when it must be split among siblings. The division process can be complicated and emotional, but with the right approach, it can be done smoothly and fairly. In this blog, we will share some of Angelique Friend's professional tips on how to divide an inherited house among siblings. Splitting an Inherited House When a loved one passes away and leaves behind the property, it is vital to understand the legal and emotional aspects of inheriting the house. However, the process may seem daunting, lengthy, and a lot complicated in [...]

Incapacity planning is a vital aspect of estate planning that helps ensure that an individual's financial and healthcare decisions will be made by someone they trust in the event they become unable to make those decisions themselves. Angelique Friend is an expert in incapacity planning who can help guide you through the process of creating a plan that will protect your interests and ensure your wishes are carried out. How Incapacity Planning WorksIncapacity planning is the process of creating a plan to address the potential loss of mental or physical capacity that may occur as a result of injury, illness, or aging. This plan [...]

Managing wills and trusts involves overseeing the distribution of assets according to the instructions laid out in a will or trust document. This includes ensuring that the assets are properly transferred to the designated beneficiaries, and that any taxes or debts are paid before the assets are distributed.  Additionally, it may involve managing assets held in a trust, such as making investments or paying out income to beneficiaries. It is typically done by an executor or trustee, who is appointed in the will or trust document.  They will be responsible for gathering the assets, paying any debts and taxes, and distributing [...]

Fiduciary duty is a legal principle that requires one party to act in the best interests of another. This duty is typically imposed on individuals or entities that hold a position of trust or authority over another, such as a trustee, guardian, conservator, or power of attorney. The duty requires the fiduciary to act with the highest level of integrity, loyalty, and good faith. This means that the fiduciary must put the interests of the person they are acting for ahead of their own interests and should not engage in any self-dealing or conflict of interest. Role of a Fiduciary In [...]

The process of arranging management and disposal of an individual’s assets during their life and after they pass away is called Estate Planning. The process typically includes making a trust or a will, naming the beneficiaries, and arranging the care for dependents. For attorneys like Angelique Friend, the goal of estate planning is to make sure that the assets of a person are distributed as per their wishes. It also works in the direction of minimizing taxes and other expenses involved in the process. The Elements of Estate Planning Estate planning typically includes several key elements: A Will or Trust: They [...]

Probate Services Inc. has been serving its clients with professional legal assistance for trust administration, estate administration, power of attorney cases, and more. Over the years of our services, we have come across many clients who are unfamiliar with estate planning. If you are one of those people but still want to learn about estate planning and administration, we have got you covered. Let us have a look at these concepts below: What is Estate Planning? Estate planning is the process where you prepare for tasks that help manage the asset base of an individual in an event of death or [...]

It is hard to choose a person to whom one can trust with their belongings after their demise. In the current scenario, believing in someone is the most difficult task, especially when it comes to managing trust. If you don’t have any reliable person around you, finding a qualified and trusted administrator is the best bet! A trust administrator is a person who is elected to manage a person’s trust after their demise. Trust Administrators have all the rights to make the financial decisions on your behalf to make sure everything works according to you. A trust manager can be a [...]

Creating trust and choosing the right trustee is the most significant thing you will do for your loved ones after you are gone. Hence, this is not an area where you want to show complacency, as the consequences can be dire. Fortunately, leveraging the competence of a reliable trust protector California can be beneficial in this case. You can either appoint a family member as a trustee or a professional or reliable trustee like Angelique Friend. It is better to choose professionals for these things as it ensures better reliability. But how do you pick the right trustee? Here are some [...]