Taking the time to plan your estate can help you make your wishes known, ensure your kids are cared for, and secure your family’s financial future without expensive legal processes.
California Probate proceedings are often complex and time-consuming, but our team is here to streamline the estate administration, reducing both time and hassle.
Trust administration involves managing and distributing assets titled to a trust after someone passes away. Our firm offers guidance to ease the burden on trustees.
An Advance Health Care Directive communicates your health preferences to family members and medical professionals. It includes end-of-life choices, particularly in terminal illness cases. Additionally, it empowers you to appoint a trusted individual to act on your behalf regarding healthcare decisions if you are incapacitated or unable to express your wishes.
Establishing a Durable Power of Attorney safeguards your interests when the state cannot. This document enables you to designate someone to manage financial and healthcare matters on your behalf in the event you become incapacitated and are unable to do so yourself.
In California, conservatorships apply to adults, while guardianships are for minors, either of whom are deemed incapacitated due to mental infirmity or youth. The assigned conservator or guardian handles personal and financial decisions for the incapacitated individual.
If there’s no pre-established Power of Attorney, the court must appoint a conservator.
While guardianship nominations are not binding, they heavily influence the court’s decision. It’s crucial to choose someone trusted for your minor children to ensure stability.
Failure to nominate a convservator or a guardian leaves the decision solely to the court.
Federal trademark registration provides essential benefits for businesses protecting their brands. It grants exclusive rights, extending ownership and sole use of the mark for specific goods or services. It provides legal protection by enabling legal recourse against infringers and counterfeiters through federal court actions.
A trademark opposition occurs when a party challenges the registration of a trademark during the application process. Typically, this challenge is based on the belief that the proposed mark is too similar to an existing mark or that it does not meet the legal requirements for registration.
Trademark cancellation refers to the process of invalidating an existing trademark registration. This can occur for various reasons, such as non-use of the mark, abandonment, or if the mark was registered fraudulently. The petitioner must provide evidence to support their claim that the trademark registration should be cancelled.
After submitting a federal trademark application, the USPTO assigns an examiner to review. If the examiner identifies problems, they issue what is called an “office action.” The applicant or their attorney must file a response within the specified time-limit, which is now three months. It’s very important that all issues in the office action are addressed, otherwise it may result in the application being abandoned.
An estate plan is important regardless of age, wealth, or family situation. It ensures that your wishes are followed, your loved ones are provided for, and your assets are distributed the way you specify
A will takes effect upon death, detailing asset distribution, while a trust manages assets during your lifetime and after death. An essential distinction between the two is that trusts must be funded and require assets to be transferred (re-titled) into them. Failure to fund a trust could render it invalid.
A power of attorney is a legal document that grants someone else the authority to act on your behalf in financial, legal, or medical matters if you become unable to do so through incapacity or illness. Having a power of attorney in place ensures that someone you trust can make decisions on your behalf instead of leaving those decisions to the state.
It’s advisable to reassess your estate plan annually or if any of the following events occur to ensure your plan remains effective:
*this list is not all inclusive. If you’re not sure whether you need to make a change to your estate plan, contact your attorney.
© Copyright 2024 Collins IP & Estates
he***@co**********.com | 916-520-4040
No products in the cart.