Just recently President Donald Trump announced that his administration intends to impose sweeping changes to the tax structure of the federal government. One of those changes would involve ending the estate tax, which many readers of this California estate planning...
Month: October 2017
Revocable living trusts are important estate planning tools
A living trust is a trust that a person creates while they are still alive. Unlike other trusts that are created at the time when the estate planner passes on, a living trust is one that is created by the estate planner and then is usually managed by that individual...
Determining soundness of one’s mind while creating a will
Several posts on this California estate planning blog have discussed the requirements that individuals must meet in order to prepare a legally enforceable will. One of those requirements is that the creator of the will was of sound mind when the document was executed....
Death of American icon raises estate planning questions
Readers of this California estate planning legal blog have probably heard that Hugh Hefner, founder of the Playboy Magazine empire, passed away at the age of 91. At the time of his death, Hefner was survived by his third wife and four children from previous...