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Sacramento Estate Planning Attorney

September 2013 Archives

Californians shouldn't blow inheritance, but save for retirement


People in California may have seen a recent financial news article about inheritance, and how people who are lucky enough to receive an inheritance plan on using it. In a recent survey of people under the age of 60 who expected to inherit money or assets, most people said they would use the money to save for their own retirement.

Passing on wealth to heirs requires sound planning


People in California may have seen a recent editorial about people who have had the good fortune to pass on their wealth to future generations, and the surprising backlash many people in the American public seem to have against their heirs. While many people are quick to criticize people who they feel haven't "earned" their wealth, it is obvious that common misconceptions have a lot to do with the reasons the public perception is so negative. After all, the American dream hinges on the ability to create success, and then share that success with loved ones and future generations.

California workers' pensions could be at risk


People in California may have seen a recent news story about the fight over public employee pensions. The article discussed a pension reform gathering that took place earlier this year in Sacramento, and the possible implications that bringing pension reform to California could have on the state's bottom line as well as the government workers who are entitled to benefits under the program.

Same-sex couples get much needed federal tax guidance


People in California may have heard about a recent tax policy change that could provide some peace of mind for same-sex couples across the state. Same-sex marriage has been a hot-button topic here in California and in many other states, and shifting laws and regulations have made tax and estate planning a veritable nightmare for same-sex couples who have faced tremendous uncertainty in their own financial futures.

My Sacramento law practice, Michael A. Sawamura, Attorney at Law, focuses on wills, trusts and estate planning law in addition to business law and corporate defense services. My clients include professionals, government employees, small businesses, blue-collar workers and national corporations.

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