Lawyers Blog Blog,Legal How Does Estate Law work

How Does Estate Law work

The Law Offices of John N. Kitta Estate Lawyer; http://www.youareingoodhands.com/, provides comprehensive legal help in the area of estate law. Come by our offices in Fremont, California. You may be a client but we will treat you like one of our family. This is core to us because estate planning is a legal service that everyone will need whether they realize it or not. Estate planning covers a number of elements but it is simply providing for the continued management of one’s assets whether they have the capacity to do so our not. Careful and attentive estate planning takes into account the tax consequences of one’s estate based on the nature of that person’s estate and the location of that estate. A person’s estate could be anything from a simply bank account to ownership and holdings in real property and corporate interests.

If you take the time to check out our website at http://www.youareingoodhands.com/ many of your answers regarding estate planning can be answered. The following areas are some of the most frequently asked topics regarding estate law and planning Estate Law:

  • Organization and succession of family owned and operated businesses.
  • The division of real, personal and intellectual property and assets.
  • Conflicts and administration of matters regarding one’s social security disability trusts benefits.
  • The preparation of wills and trusts for generational familial assets.
  • The purposes and requirements related to durable and sometimes limited powers of attorney.
  • The design and creation of charitable trusts as well as trusts for minors and for certain people with special needs.
  • Internal Revenue Service and the State of California’s application of its Franchise Tax Board and negotiations involving general estate taxes.
  • The need for proactive planning to avoid or limit exposure of ones estate to probate court and conflicts regarding inheritance issues.
  • The relevance of estate planning and why one would need a living trust and what is a living trust.

There is no one formula for estate planning that suits all individuals. The proper legal advice is based upon the nature and extent of one’s estate. My office will sit down with you and do an estate audit of all of your business holdings, real property interests as well as potential future earnings still due to you such as annuities, stock and other investment yields. I will then outline some estate structures that you can engage in now as well as put into place in the future. It is not difficult once you realize that you only become aware of the need for estate planning once a crisis is already at hand.

For clients that have special wealth management needs I can help you as well. especially residents of California. Come on in. I can’t wait to be of service to you!

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When to Find Legal CounselWhen to Find Legal Counsel

It is important to know when and how to find legal counsel when you need it. It is always better to be protected and armed and ready for whatever may come your way. You never know when you might need to sue someone or protect yourself in a situation. These aren’t things one would like to spend their weekends thinking about, but it is always better to be prepared and ready for the unknown that lies ahead in life. The key is to know when to find legal counsel and striking while the iron is hot. What calls for legal counseling and what can you handle on your own? Those are important questions to ask oneself when deciding whether you need legal counsel or not.

Legal counsel is there for protection and it should be used wisely and within reason. One does not want to simply take advantage of this and become sue crazy. That is when things start to become dangerous and a little too hectic. It is important sometimes to take a step back from an emotional situation and ask oneself if it is really necessary to sue and what are the reasons behind this? Are they reasonable? Are they logical? If not, there are probably other ways one can handle it.

However, if there was serious wrongdoing and this has been an ongoing problem and something has been taken from you and your rights have been infringed upon, then by all means, it is important to sue and take legal counsel. You should never feel like you are being taken advantage of or being used in any way. The system is in place for a reason and that is to protect the citizens so they can feel safe, secure, and taken care of in everyday situations.

J. Scott Gunn P.A. is someone you can trust to do the right thing when it comes to your case. He has been doing the right thing for a number of years and prides himself on doing the right thing, day in and day out. That is what he is all about and what he stands for as a human being. That is why he is one of most respect in his field. He always takes care of his clients and gives it to them straight. He doesn’t pull any punches or lead them on to believe something that is downright false. He is an honest and fair man that you can be proud to be associated with, that is for sure.

If you ever find yourself in a legal situation, he is the one and only name that should be on your cell phone. He is a name that speaks for itself.

Do You Need An Attorney to Get Divorced?Do You Need An Attorney to Get Divorced?

The short answer to this question…doesn’t exist.

The recognition that you are headed for divorce doesn’t come all at once. It whispers to your soul over a long period of time, sometimes weeks, but mostly months, and sometimes, even years.

You try as hard as you can to ignore the failings of your partner, to stifle that ball of anger in your stomach and keep the peace.

Then, after you’ve done that you get to the point where you don’t care. You say whatever is on your mind not really caring whether you hurt feelings, or if it starts a fight. You walk away from most fights. You pray that your spouse isn’t home when you get home from work. And even, sometimes you pray that they would do something horrible so that you’d have a clear cut reason to divorce them.

The emotions surrounding divorce are varied and complex.

So is the legal system surrounding divorce.

Once you have decided that it is finally over, there is the process of moving out, or separating bedrooms. There are the cold stares from your partner. And if you have children, there are broken hearts and tears from them which add to the agony.

The laws in every state vary in many ways, from child support regulation, to the division of property, you with an attorney or not, are going to be navigating murky waters. You can get information from the internet, however, that information may or may not be accurate. You don’t want to leave yourself in a place where your children, home and property could be taken away from you.

Therefore, it is important to get an attorney who is going to fight for your rights as a parent, as a partner in a legal contract with equal rights to the property obtained during the marriage, and as a person.

Divorce can turn ugly quickly and often people who wanted to complete the divorce without the help of an attorney find out too late that their spouse already has a lawyer and is on the brink of taking over their life.

The best advice is to get an attorney who specializes in family law and knows the ins and outs that will be affecting you during this harsh time in your life.

Don’t be caught off guard. Do your research and find a local lawyer who can help.

If you are in the Greensboro area, find a Greensboro Divorce Lawyer and allow them to use their vast knowledge to help you protect your rights, your children, and your well-being during this difficult time. They will be able to give you advice, show you where your rights are and how to maintain a relationship with your children.

Information About Bankruptcy LawInformation About Bankruptcy Law

The legal topic of bankruptcy can make people feel uneasy. It is important for prospective bankruptcy filers to have the facts straight before they move forward with their case. Bankruptcy is when a person requests the assistance of the court to erase consumer debts. Consumers often get behind on their bills due to lack of unemployment, a financial loss or a divorce.

The Law Offices of John N. Kitta can help people who find themselves in a difficult financial situation. People often become confused by what is going on so they hesitate to file the paperwork. A bankruptcy will hurt a person’s financial standing. This is because all of the outstanding debt that is owed will be legally wiped away but the creditors will not charge off the amounts.

This means that a negative item for each creditor including the bankruptcy will be included on the filer’s credit report for a time period of one decade. This can make it hard to get credit lines. It is important for people to speak with a bankruptcy attorney before completing the required bankruptcy documents.

The filing that has to be prepared takes time to complete. A person will need to fill in documents regarding the amount of debt that they are asking to be discharged. People should keep in mind that it is very rare for secured debt such as federal student loans to be discharged through bankruptcy. This is mainly due to the fact that the government backs the loans so they want to guarantee that they will receive all of their money back.

Each creditor’s name must be listed along with the account number, address and amount of debt that is owed. The amounts should be current so it can be beneficial to contact each one directly to receive an updated balance amount.

Once a person has completed this, they can then move on to declare the assets that they have. The government can seize an individual’s personal assets and liquidate them to raise funds to pay off creditors. This is where having legal help from The Law Offices of John N. Kitta can come in handy.

When people have legal help, they can have a bankruptcy filing that is in proper order. All of the paperwork has to satisfy the court’s criteria or else the matter will not be discharged and people will have to pay back the debt that is owed in full.