Yu & Yu Law

Parents: estate planning is about more than money—it’s about your children. Naming guardians and planning for their future helps protect them no ma... more

🦃 Happy Thanksgiving from Yu & Yu Law! This Thanksgiving, we’re grateful for the trust our clients place in us to help protect their families an... more

Estate Taxes in California Understanding California estate tax helps protect your assets and family. While the state has no estate tax, property t... more

Thinking about protecting your business or planning for your future? Did you know a trust can own an LLC? That might sound complicated — but it ca... more

What Is a Pour Over Will? A Guide to Protect Your Estate If you’re getting your estate planning started, you might have heard someone mention a po... more

How the Statute of Limitations Impacts Debt in California - and Why It Matters for Your Estate Planning When people think about estate planning, t... more

Question: What is Probate and Why Avoid Probate? Probate is a court proceeding in which the validity of a will is proven, distribution of assets a... more

How to Put Your Vacation Home in a Trust **This article is for educational purposes only and does not constitute legal advice. Please schedule a fr... more

One question we get asked all the time is "Can you inherit debt?". At Yu & Yu Law, we help Californians understand what happens to debt when a love... more

How to Talk to Your Parents About Estate Planning As you may know, a solid estate plan is imperative if one wants their assets to be distributed ac... more

How to Choose the Right Executor or Trustee When it comes to estate planning, you must decide who will be in charge of ensuring your wishes get ca... more

What Happens if You Die Without a Will in California? Dying without a will in California can quickly become a complicated and emotional process. ... more

Yu & Yu Law is grateful to have been the Presenting Sponsor for Tulita Elementary's Western Carnival Night, where kids enjoyed games, live music, a... more

There is Typically NO ANNUAL Cost or Fee For a Revocable Living Trust Are you considering setting up a revocable living trust? You might be wonder... more

Essential Estate Planning Documents for a Married Couple with Kids in California Estate planning is a crucial step for any married couple with chi... more

Essential Estate Planning Documents for a Married Couple with Kids in California Estate planning is a crucial step for any married couple with chi... more

Trust LegalZoom.com with My Trust? In an increasingly digital world, online services like LegalZoom.com have made legal documentation more accessi... more

The Importance of an Estate Plan for Families in California An estate plan is essential for families in California due to the state's complex prob... more

Understanding Probate Costs in Riverside County Probate is the legal process that occurs after someone passes away, ensuring that their assets are... more

WHAT IS A POWER OF ATTORNEY? A power of attorney is a document in which the principal gives an agent (also known as the “attorney-in-fact”) power t... more

Question: I already have a Will, so I can avoid Probate, correct? Answer: no, having a will is a great start to an estate plan but it is not enoug... more

Why estate plan? Save money, time, and privacy by avoiding probate, designate guardians for your minor children, reduce risks of estate litigation... more

Probate: What is It and Why Avoid It? Probate is a court proceeding in which the validity of a will is proven, distribution of assets are made, ti... more

When people ask “who is the best will and trust lawyer near me”, whether they search that on Google or ask their friend, they will typically be giv... more

What is a Will and why do I need it in my estate plan in addition to my Trust as part of my overall comprehensive estate plan? Wills allow people ... more

"The entire [probate] case [to distribute assets] can take between 9 months to 1 ½ years, maybe even longer" per the California Court website. Thi... more

Winston Churchill: "Let our advance worrying become advance thinking and planning.” Stop worrying and get your Will & Trust done today and have y... more

From the California State Bar: "Who needs estate planning? You do — whether your estate is large or small. Either way, you should designate someone... more

Happy World Spay Day! We love our furry family members. Study after study has shown that spaying ultimately helps prevent suffering of vulnerable p... more

What is a power of attorney? What is a living trust? Who is a testator and a trustee? Here are a list of estate planning words and phrases that are... more

Every family can benefit from an estate plan. It is not just for the rich -- if you have children and/or own property, you should have an estate pl... more

Who is allowed to take care of my minor children if I pass away unexpectedly? There are assumptions that our loved ones such as our parents or sibl... more

Free raffle for $1,000, just Follow our Facebook page and Like the pinned post. Random winner chosen on 02/01/24. Click link for more details.

Happy Holidays! Thank you to all of our clients, supporters, and colleagues, from all of us here at Yu & Yu Law.

What is estate planning? You'll find that wealth transfer forms the heart of estate planning. Whether during our lifetime or posthumously, transfe... more

What type of trust do I use for my IRA? How do I make it a "see-through" trust? Under a "conduit trust", all distributions made from the retirement plan to the trust during the lifetime of the “conduit” beneficiary of the trust must be passed out... more

Always remember that designated beneficiaries take precedence over people you name as your heirs in your will and trust. That is, if you can name s... more

Why everyone needs estate planning. Estate planning is not a topic that many people like to think about. It involves confronting the idea of our o... more

Internal Revenue Service Releases 2024 Lifetime Exemption and Annual Gift Exclusion Amounts. On November 9, 2023, the IRS issued Revenue Procedure... more

While an estate plan is not legally required in California, it is highly recommended for anyone who wants to ensure that their assets are distribut... more

Pay over time options now available. See if you qualify through LawPay.com and take care of your estate plan today. Protect your wealth and protec... more

What is a death tax? Inheritance tax? What will the government take from my family when I pass away? The likelihood of your estate being subject t... more

Having a will is a great start to an estate plan but it is not enough. A will needs to be probated, which can diminish the value of your estate, so... more

What is Probate and Why Avoid It? Probate is a court proceeding in which the validity of a will is proven, distribution of assets are made, title... more

What is virtual legal representation? Virtual legal representation is a process in which a lawyer provides legal services to clients using video c... more

If you own a home, you need an estate plan. Real estate is most likely your most valuable asset, and if you are in Southern California the odds ar... more

I owned my house as a "joint tenant" or "community property" with my spouse who just recently passed away. What steps do I have to take for my hous... more

Glossary of estate planning terms, and definitions of the most commonly asked about words, phrases, and concepts behind wills, trusts, estate plann... more

ARAG Legal Insurance -- find your answers here and how we can help you for likely $0 in attorney's fees. What is legal insurance? What is ARAG? W... more

Question: A person that I jointly (either as a joint tenancy or community property with right of survivorship) owned real estate with has passed aw... more

(1) What is estate planning? The primary goals of estate planning is to manage the transfer of assets to intended beneficiaries, to provide for th... more