Law Offices of Roshni T. Desai

10/27/2022

UPDATING MY ESTATE PLANS WHEN I MOVE
We live in a mobile society. According to the American Community Survey, over 40 million Americans move annually. While moving itself requires many changes and can be extremely stressful, many individuals don’t recognize the need to update their estate plan documents after an out-of-state move until it becomes a problem.

Learn more: https://bit.ly/3Cz4i9I

10/13/2022

WHAT HAPPENS TO MY PROPERTY IN CALIFORNIA WHEN I DIE?
Death and taxes, as they say, are the only givens in life. And yet, it is estimated that only 33 percent of Americans have estate plans in place to protect their assets and their loved ones. While most of us know the importance of an estate plan, many people simply don’t get around to it or just don’t want to think about their own mortality.

Learn more: https://bit.ly/3CTHMd3

We help clients with Estate Planning, Probate, Trust Administration, Trust Dispute Resolution, Business Succession Planning and Business Planning.

09/22/2022

What Should You Do When There Are Will Disputes?
Unfortunately, when a family member passes away, it brings out the good as well as the not-so-good in family dynamics. There may be times when a family member thinks they are entitled to something that the won’t specify or disagrees with how the estate is being settled.

Learn more: https://www.lortd.com/blog/what-should-you-do-when-there-are-will-disputes/

09/08/2022

What Happens to My Property in California When I Die?
Death and taxes, as they say, are the only givens in life. And yet, it is estimated that only 33 percent of Americans have estate plans in place to protect their assets and their loved ones. While most of us know the importance of an estate plan, many people simply don’t get around to it or just don’t want to think about their own mortality.

Learn more: https://www.lortd.com/blog/what-happens-to-my-property-after-i-die/

08/29/2022

What Happens if You Die Without a Will?
If you die without a will in Orange County, CA, you no longer control who your estate goes to. In this case, you are said to have “died intestate,” and state law and the probate court distributes your estate by what is referred to as intestate succession. Without a will, your estate will be divided amongst your heirs in accordance with the law, not your wishes.

Learn more: https://www.lortd.com/blog/what-happens-if-you-die-without-a-will/

08/18/2022

Should You Leave Your Children Your Estate if They Are Under 18?
Although you may plan to leave money or other assets to your children as part of your estate plan, considering their age is important when crafting that plan. Many people overlook the fact that minor children under the age of 18 cannot inherit property in their own name in California. Consequently, when leaving an inheritance to minor children, provisions need to be made to name an adult to manage that property for the children until they can legally do so themselves.

Learn more: https://www.lortd.com/blog/should-you-leave-your-children-your-estate-if-they-are-under-18/

06/29/2022

What are the Key Strategies for Estate Planning?
In the past, estate planning was something that only wealthy individuals did. But most of us have an estate, or personal assets and belongings, regardless of how small or large. And estate planning is far more than who we want to distribute our belongings to after we die. It is who will act as guardians to our children if the unthinkable happens. Or who will take care of us and make critical decisions if we become incapacitated. Not having a concise estate plan may lead to great confusion if our family is confronted with end-of-life matters and need to guess what we would have wanted.

Learn More: https://www.lortd.com/blog/key-strategies-for-estate-planning/

06/27/2022

Is a Guardian Needed For My Children?
Estate planning for young parents usually has more to do with who will take care of their minor children than it is about who to leave their estate to. Naming a guardian in your will ensures that you make that choice and not the probate courts.

Learn More: https://www.lortd.com/blog/is-a-guardian-needed-for-my-children/

03/31/2022

Estate planning for young parents usually has more to do with who will take care of their minor children than it is about who to leave their estate to.
Learn More: https://www.lortd.com/blog/is-a-guardian-needed-for-my-children/

03/28/2022

A living trust is one that you create during your lifetime, allowing you to have control over the assets in it as a trustee.
Learn More: https://www.lortd.com/blog/can-my-living-trust-be-amended/

02/28/2022

While many estate planning documents focus on what becomes of your property after you die, other critical documents provide for who should be responsible for your healthcare decisions, property, assets, and obligations when you are alive but unable to do it for yourself.
Learn More: https://www.lortd.com/blog/what-is-a-power-of-attorney-and-who-is-entitled-to-one/