Trusts

Thinking in the worst case scenario is often uncomfortable for California residents, but to ensure financial stability and that wishes are carried out, in the event of incapacitation, it is necessary. One method that can be beneficial to protecting one's property and...

While it might be an uncomfortable subject for people in Sacramento to broach, the realities of life are that death is inevitable. With that in mind, people with children need to be aware of the various options that are available when it comes to estate planning. This...

In California, trusts have long been a favored means of estate planning. Trusts provide great flexibility can help avoid probate and often significant tax advantages.A trust is created by a person known as the trustor or settlor, who places property in the trust and...

In California, many people opt to use a revocable trust instead of a will as their primary estate planning vehicle. One of the main advantages of a revocable trust is that it can enable the trustor's estate to avoid probate.When a trustor creates a trust, they must...

When novelist Gore Vidal died in 2012, he left an estate worth an estimated $30 million - not including future royalties from his published works. But within months of his death, distant relatives began fighting over the property he left behind, including a $4 million...

A trust is an extremely versatile tool for estate planning in California. Last week's post discussed some of the advantages of the living or inter vivos trust. There are other types of trusts, however, each having their own advantages and ability to be tailored to...

When Sacramento residents are organizing financial assets, a concern that often arises is how the property will be allocated and whether a trust is a sound strategy. This is important for both the trustor and the beneficiary or beneficiaries. One tactic that is often...

It has been a year since the death of comedian Robin Williams, who committed suicide in his Northern California home on August 11, 2014. Sadly, his widow and his children from previous marriages remain entangled in a bitter dispute over his estate. According to an...

Sacramento is the perfect city to settle down, start a family, open a business or retire. In the midst of all these crazy life decisions, it would be unwise to forget about estate planning tools at your disposal, such as wills or trusts. Once settled in a city like...

When a California woman died last year at age 91, her caretaker was left in control of her assets. The caretaker, now 63, met the woman in 2002 when she was recovering from surgery in an Orange County care center. When she left the facility and went home in 2003, the...