It is fortunate that there are so many options available when it comes to estate planning. In particular, the versatility of trusts can help California residents ensure that their exact wishes are followed after their passing. For some individuals, the use of a testamentary trust could allow them that sense of security.
Available documents can dictate asset transfer during probate
After a loved one's passing, many California residents may wonder how the remaining assets will be distributed. Hopefully, the decedent will have created an estate plan while he or she was still living, and the information in that plan can determine what process is needed for transferring assets. Commonly, probate proceedings handle these affairs.
