The delays inherent in all California probates and conservatorships may soon become much worse due to projected cutbacks in court funding.<\/p>\n
Historically, the first available probate court hearing date is four to six weeks in the future. According to what court personnel are saying now, that four to six week “wait” may become much worse as upcoming budget cuts hit the California courts.<\/p>\n
The importance of avoiding these court delays in probate and conservatorships is one of many reasons why it is so important (a)\u00a0to prepare (or update) a living trust, durable general power of attorney, advance health care directive, pour over will, and whatever other estate planning documents are proper for your situation and (b) to title your assets properly and (c) to have proper beneficiary designations on those of your assets distributed on death by beneficiary forms (such as IRAs, 401(k), life insurance, annuities, etc).<\/p>\n
copyright James J. Phillips 2011<\/strong><\/p>\n Index of past posts:<\/span><\/strong><\/p>\n New, portability of unused estate tax exemption for married couples offers simple “2 for 1” plans. July 16, 2011<\/p>\n Property tax increase looms as a big concern for many California inheritance and gift plans<\/a>, June 10, 2011<\/p>\n Randal Dutra lecture on October 8, 2011<\/a>\u00a0June 7, 2011<\/p>\n How to keep away the in-law from your child\u2019s inheritance. How to preserve the separate property character of an inheritance.<\/a>\u00a0May 29, 2011<\/p>\n How much can trustees be paid? What is reasonable trustee compensation?<\/a>\u00a0May 18, 2011<\/p>\n Medi-Cal Payment of Long Term Care in California<\/a>\u00a0May 13, 2011<\/p>\n Ingredients for trust planning<\/a>\u00a0May 10, 2011<\/p>\n Will there be estate tax due when I die?<\/a>\u00a0May 10, 2011<\/p>\n Avoid Conservatorship of Your Person: Protect Your Health Care Decision With An Advance Health Care Directive<\/a>\u00a0April 15, 21011<\/p>\n Avoid Losses and Protect Yourself from Lawsuits: Review All Your Insurance Coverage Annually<\/a>\u00a0April 8, 2011<\/p>\n Who would raise your minor child? Selecting a guardian of your minor child\u2019s person.<\/a>\u00a0April 2, 2011<\/p>\n New, extended deadline for increase in basis for property acquired from a person who died in 2010<\/a>\u00a0April 1, 2011<\/p>\n Top 10: Do You Need to Update Your Trust or Will?<\/a>\u00a0March 25, 2011<\/p>\n How to Choose a Nursing Home<\/a>\u00a0March 18, 2011<\/p>\n NEW Estate Tax, Gift Tax, and Generation Skipping Transfer Tax Laws<\/a>\u00a0March 18, 2011<\/p>\n Selecting A Trustee for Your Living Trust<\/a>\u00a0March 18, 2011<\/p>\n President Obama\u2019s February 2011 <\/a><\/p>\n Assumption for 2013 estate tax exemption<\/a>\u00a0March 18, 2011<\/p>\n Copyright 2011 Phillips Law Offices, A Professional Corporation<\/p>\n","protected":false},"excerpt":{"rendered":" The delays inherent in all California probates and conservatorships may soon become much worse due to projected cutbacks in court funding. Historically, the first available probate court hearing date is four to six weeks in the future. According to what court personnel are saying now, that four to six week “wait” may become much worse … Continue reading Avoiding probate delays and avoiding conservatorship delays becoming more important due to budget cutbacks<\/span>