Blog

Aug. 28, 2024

Dying without a will, also known as dying intestate, can lead to a challenging legal process in California. This in-depth guide will cover what happens if you pass away without a will, including how your assets will be distributed, how an executor is appointed, the probate process, potential complications, and strategies for dealing with intestacy.

July 29, 2024

Trusts aren't just for the wealthy; they are valuable tools to protect your assets and make sure your wishes are honored. The Law Office of Geoffrey Fong will guide you through the process of setting up a trust and help you make informed decisions.

July 8, 2024

A will is a legal document that outlines how your assets should be distributed after your death. Without a valid will, the division of your property will be determined by state laws, which may not align with your wishes. Not having a will in place can make the process time-consuming and stressful for your loved ones.

Dec. 18, 2023

When a loved one passes away, it's an emotionally challenging time. The last thing anyone wants to worry about are the legal and financial aspects of their passing. However, if parents had a trust in place, there are certain steps that need to be taken.

Dec. 7, 2023

Trusts are powerful legal tools that can provide individuals with control over how their assets are managed and distributed. They come in various forms, each with its own unique features and benefits.

Oct. 25, 2023

Many individuals often establish living trusts – as part of their comprehensive estate plan – to preserve assets, property, and money for beneficiaries and future generations. However, when the trustor dies, disputes and disagreements may occur between surviving family members.

Sept. 20, 2023

Estate planning involves a wide range of documents and legal preparation to make sure your wishes are carried out and your assets are allocated accordingly to care for your loved ones in your absence.

Aug. 11, 2023

When you’ve spent your entire working life building up a retirement account, you may have questions about what will happen to it when you pass away. Who gets it when you’re gone? Can you choose who gets what? Will it be easy for your loved ones to navigate the process? These are all important questions to answer.

July 10, 2023

Estate administration is often needed to settle a deceased loved one's estate and final affairs when they die. Generally, this often involves gathering estate assets, paying taxes and debts, and transferring the remaining assets and funds to rightful heirs and beneficiaries. However, depending on state and federal inheritance laws, inheritors may be asked to pay taxes on any assets, property, or money passed onto them by the decedent.

June 1, 2023

Establishing an estate plan allows you to preserve your assets, make adequate provisions for loved ones, and prepare for future uncertainties. In addition, you can leave specific instructions regarding how your property, legal, health, and financial matters should be managed using your estate plan.