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Commentary on "Robin Williams' Estate Plan Spares His Heirs a Lot of Drama"
California has very specific probate laws and having a will alone is not sufficient to avoid the costly process of probate, not just financially but emotionally as well. When you have a tragic and surprising loss like here with Robin Williams, having proper estate planning can make an awful situation resolve quicker and easier. Without proper planning or funding of your trust, you leave your beneficiaries with a challenging fight in front of them that would not otherwise exist.
On August 13th San Francisco’s new Fair Chance Ordinance (FCO) took effect for employers with 20 or more employees who operate or whose businesses are located in the city.
According to the new law, an employer must not ask about certain topics regarding the criminal background of their job applicants and employees. The ordinance aims to remove difficulties those with criminal records face while being considered for jobs for which they are well qualified.
As trustee of your revocable trust, you have the right to take assets in and out of your revocable trust. Most likely, one of those assets may be your home. With current home values, refinancing may be something you are considering or have already done to obtain more favorable interest rates.
But remember, what you take out must go back in. One of the most common mistakes made by trustees is the removal of a home for refinancing and failing to re-deed it back into the trust. In other words, you must re-fund your trust.
Have you ever heard a song or seen a photo that seemed like a perfect means of conveying your company’s image or identity?Unless handled properly, using someone else’s artistic creation can land you in hot water, as a recent lawsuit over a Miami street artist’s murals readily illustrates.