by Kim Bingham | Jun 2, 2016 | Estate Planning, Legal Process, Probate, Trusts
A Trust, also called a Living Trust, Family Trust or Revocable Trust is a contract between you as the creator of the Trust (Trustor or Settlor) and someone, a Trustee, creating a legal fiction which can own assets. In other words you made a container to hold your...
by Kim Bingham | May 29, 2016 | Estate Planning, Legal Process, Probate, Trusts
You need a Trust if: You have over $150,000 in assets and want to avoid the time and expense of probate – for a $400,000 estate probate costs are $11,000. You do not want your heirs to wait more than 6 months to settle your estate. You want your estate information...
by Kim Bingham | May 29, 2016 | Estate Planning, Events, Legal Process, Probate
Bingham Law has always believed that Everyone Needs a Plan, it is our motto after all. It means that we believe Estate Planning is for everyone not just the wealthy or senior citizens. We are especially concerned about parents with young children. We are able to help...
by Kim Bingham | Apr 25, 2016 | Community Property, Estate Planning, Legal Process, Probate, Separate Property, Trusts
We wonder what to get Mom on Mother’s Day and end up getting flowers. Mothers, because they love us, like the flowers and say “Thank you, Honey. They’re so pretty.” If you want to actually do something meaningful for your Mother this year, we have a suggestion. Check...
by Kim Bingham | Apr 15, 2016 | Estate Planning, Featured, Pets, Trusts
Estate Planning for Companion Animals and Pets It may seem strange to an animal lover but the law classifies a pet as personal property that can be inherited. California, as well as 49 other states and the District of Columbia, has enacted a “Pet Trust” law. Minnesota...
by Kim Bingham | Apr 7, 2016 | Estate Planning, Events
Bingham Law will be at this years Babies & Bumps event. Bring your questions and enter to win a free Last Will & Testament. Sacramento Parent is proud to present Babies & Bumps, Sacramento’s premier baby event of the year celebrating parenthood and...