CONFUSED? LET US HELP YOU!

650.624.8155

Estate Planning Newsletters

Trusts, Public and Private - I

An express trust is either public or private. A public trust, also known as a charitable trust, is an express trust created for a charitable purpose. If an express trust is not a charitable trust, it is deemed to be a private trust. A private trust is an express trust created to benefit a few persons. This article discusses some aspects of public and private trusts. Read more.

Transfer on Death Registration of Securities

TOD or transfer on death registration of securities allows an investor to arrange for transfer of securities upon the investor's death without the necessity of having the securities go through probate. The executor or administrator of an estate does not have to take any action regarding specific securities that have TOD registration or even entire accounts that have been set up with TOD instructions. Read more.

Inheritance Without Planning Means No Changing the Default Plan

When a person dies intestate (without making and leaving a will), each state provides a default plan (usually known as the statute of descent and distribution) under which his or her net estate is disposed. When a person dies intestate, there is no changing the default plan. The default plan's sequences for determining who inherits and how much can not be changed. This article discusses the disadvantages of descent and distribution related to that inability to change who inherits and how much. Read more.

Inheritance in Unusual Circumstances

State statutes of descent and distribution are usually supplemented by other statutes or court rulings governing inheritance in unusual circumstances. This article discusses some of those unusual circumstances. Read more.

Trust Elements - Beneficiary

A trust has five main elements. First, a settlor transfers some or all of his or her property. Second, the property transferred by the settlor is designated trust property. Third, the trust property designated by the settlor is transferred with the settlor's intent that it be managed by another. Fourth, the trust property designated by the settlor is transferred for management by a trustee. Fifth, the trust property designated by the settlor is managed by a trustee for the benefit of a beneficiary. Read more.

Petsas & Stephens is located in South San Francisco, CA and serves clients in and around South San Francisco, Daly City, Brisbane, San Bruno, Pacifica, Millbrae, Burlingame, San Mateo, Montara, Moss Beach, El Granada, Alameda, Belmont, San Carlos, Emeryville, Oakland, Sausalito, San Leandro, Berkeley, San Lorenzo, Albany, Alameda County, Marin County, San Francisco County, San Mateo County.

Attorney Advertising. This web site is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship.

million dollar advocates

Reserved for those who have obtained verdicts or settlements of a million dollars or more.

1475 HUNTINGTON AVE, SUITE 205
SOUTH SAN FRANCISCO, CA 94080
1.650.624.8155