Do You Need a Trust or a Will in California?
Jul 21, 2026
A will goes through probate. A living trust does not. In California, probate is expensive, public, and slow. This guide explains when a trust is worth the upfront cost and when a simple will is enough...
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California Medi-Cal Asset Limits in 2026: What Changed
Jul 21, 2026
California reinstated its Medi-Cal asset test on January 1, 2026. The new limit is $130,000 for one person and $195,000 for a couple. Here is what counts, what is exempt, and how to check whether you ...
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How Much Does Probate Cost in California?
Jul 21, 2026
California law sets attorney and executor probate fees by statute. Both receive the full fee, calculated on gross estate value before debts. Here is what probate actually costs at every estate size, p...
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Who Inherits in California If You Die Without a Will?
Jul 21, 2026
California's intestate succession statute decides who inherits your property when there is no will. The answer turns on whether you are married, how many children survive you, and whether an asset is ...
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What You Need to Know About Closing the Racial Wealth Gap
Feb 14, 2021
Despite the fact that America has long been known as the "Land of Opportunity," the reality is that Black Americans and other ethnic minority groups have operated at a disadvantage when it comes to bu...
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13 Myths About Bankruptcy
Jan 07, 2014
The thought of your bills and obligations getting unmanageable can be concerning – even terrifying. Often, Here are the top 13 bankruptcy myths I'll never be able to own property again. FALSE. There a...
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Bankruptcy Document Checklist
Jan 07, 2014
Handy checklist of documents you're going to need before fiiing bankruptcy. Financial Records Your most recent 6 month’s bank statements; Your most recent bills from every creditor; Most recent paymen...
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Living Trusts: The Absolute Basics
Apr 19, 2012
Trust (Revocable Living Trust)
What is a Trust?LeonArts.at/Foter
A Trust (in the most common use, a Revocable Living Trust, but there are myriad other types), is a legal document that will, in a few ...
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Family Limited Partnerships: The Benefits and Drawbacks
Apr 19, 2012
Family Limited Partnerships
Playingwithbrushes/Foter
My clients often use Family Limited Partnerships as a way to consolidate their asset holdings and get their children involved in their business an...
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