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Sacramento Estate Planning Attorney

October 2017 Archives

Estate planning is still important despite proposed tax plan

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 blog may know as the "death tax." Most individuals have an unfavorable view of this tax due to its potential to double-tax assets and income that likely were already subject to taxation at earlier points in time.

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 until the time that they pass away. Revocable living trusts are excellent estate planning tools for some Californians, because they allow individuals to maintain control over their assets, avoid probate and ensure that their end-of-life wishes are respected.

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. There are several ways in which a person may be determined to not be of sound mind and this post will address those situations. As with all of the posts offered herein, the information provided in the remainder of this article should not be construed as legal advice.

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 relationships.

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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