There are times when having a will truly help parents and heirs alike. One such instance occurred in California after a husband and wife passed, leaving their estate to their son. It had been their wishes that the family home be sold and the proceeds be placed into...
Focused And Personalized Attention Concerning Your Estate Planning Needs
Month: November 2011
Revocable trusts a good option for California blended families
Estate planning for a California blended family can be a challenging to try to create something that is fair to both spouses and their children. A revocable living trust is one means of accomplishing that goal. This type of revocable trust becomes irrevocable upon the...
Portability provision aids estate planning
Even those California residents who are young and healthy may benefit from estate planning. A good estate plan will maximize the size of the estate while minimizing the potential tax consequences for one's heirs. Moreover, proper estate planning will reduce the need...
California seeks asset protection help for seniors and disabled
One aspect of estate planning may be that an individual or couple is "house rich" but strapped for cash. In some California communities, real property taxes have risen to the point that seniors are in danger of losing their homes solely for not being able to come up...