Acorn Law Blog

What Every Westlake Village Resident Should Know About Setting Up a Life Estate in Ventura County
Most people are familiar with the term “life estate” as a way to give someone “life rights” to a property. While a life estate does accomplish this goal, setting up a life estate in Ventura County is not a one-size-fits-all solution and may even cause serious...

Should I Update My Estate Plan Because of COVID-19?
As the coronavirus continues to impact life as we know it here in the United States, the most common question we’ve been asked during the course of the pandemic is whether an existing estate plan should be changed or updated. Of course, the answer to that question...

My Loved One with Disabilities Has Died. What Happens to The Funds Leftover in a Special Needs Trust in Ventura County , California?
A Special Needs Trust in (SNT) is a complex legal tool set up on behalf of a person with special needs or disabilities. The SNT allows a beneficiary with special needs to safely utilize money or property in the trust without jeopardizing the ability to collect...

Can I Take Over a Family Member’s Mortgage When They Die?
Ventura County probate lawyers hear quite regularly from heirs who are shocked to learn that the property they inherited from a loved one comes with a mortgage. Now what? It’s important to know that a mortgage does not die when the owner does. How that mortgage is...

Three Famous People Who Left a Legal Mess for Their Families When They Died | Westlake Village Will Lawyers
Did you know that more than half of all adults in America do not have a Last Will and Testament? That number is even fewer when it comes to Revocable Living Trusts. You’d think more people would create an estate plan, especially since there are so many public figures...

Ventura County Probate Lawyer: How to Handle an Out-of-State Probate During COVID-19
As we continue on in this time of social distancing and, in some communities, shelter-in-place, more and more people are faced with a difficult situation: handling out-of-state probate proceedings after the death of a loved one. Many seniors today are “snowbirds” who...

Thousand Oaks Estate Planning Lawyers: How to Avoid Probate with Joint Accounts and Beneficiaries
There are several strategies available that Thousand Oaks estate planning lawyers use to help seniors and their families avoid lengthy and costly probate proceedings, including adding other people as joint owners on their accounts or making beneficiary designations on...

How Can I Avoid a Conservatorship in California?
A conservatorship is when a person is appointed by the court to look after another person’s financial and physical well-being. This is not always a great situation to be in since the court may appoint someone who would never be chosen by the individual or their...

Worried your children will be unmotivated after receiving an inheritance? Thousand Oaks Trust Lawyers encourage parents to consider this estate planning tool.
Self-made billionaire Warren Buffet once famously said, “Leave your children enough money so they can do anything, but not enough that they don't have to do anything.” Commodore Vanderbilt's grandson, an heir to some $60 million in 1885, also once declared that...

Ventura County Probate Lawyers: What To Do After a Loved One Dies
When a loved one passes away, the grief is often overwhelming and exhausting. Your emotional state may make it nearly impossible to carry on basic functions like sleeping or eating. Ventura County probate lawyers understand that the last things you'll feel like...
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