Californians recently witnessed one of the largest initial public offerings of stock in Silicon Valley history when California-based Facebook, Inc. went public. For some, like Facebook's co-founder Mark Zuckerberg and other insiders, the IPO will only add to their...
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Trusts
California pet owners can include pets in estate plans
Many California pet lovers may be concerned about what will happen to their beloved pet after they pass away. A good estate plan should ensure that four-legged friends and other companions are cared for. Fortunately, over the years the law has increasingly come to...
Highly detailed estate planning protects an artist’s legacy
As previously noted on this blog, Michael Jackson's estate is one example of excellent estate administration that continues to manage the estate's assets and preserve the musician's legacy after his death. The Kinkade Family Trust has already proven essential in...
Some California residents may benefit from a testamentary trust
There are many ways a person can pass wealth on to descendants. One of these is the trust, which comes in a wide variety of forms to suit a person's needs. Trusts can be particularly useful if a person has minor children or other young descendants who could benefit...
Sacramento readers can learn from Whitney Houston’s use of a trust
Some Sacramento readers are probably still mourning the premature death of Whitney Houston, who passed away Feb. 11, just before the Grammy Awards, at age 48.Recently, Houston's will was released. In it, she leaves all her property -- furniture, money, clothing,...
Whitney Houston’s death raises questions about her estate plan
The death of Whitney Houston this past week in a California hotel was an occasion to mourn the singer's untimely death, and to remember how her soaring mezzo-soprano voice brought joy to the lives of millions. But at the same time many people wondered how much...
Over half of Americans don’t have a will, estate planning
While we would all like to think we will live long enough to set up a will or complete some kind of estate planning, not everyone will make it that long. For those people in Sacramento who don't have their final wishes written down in a will, it is possible that all...
Too young to create a trust? Think again
Sacramento's young professionals may not think they are old enough or rich enough for estate planning, but that mistake could lead to years of heartache and strain for their relatives should an accident happen. For those young people who have taken the initiative to...
Trust administration for California family winery ends up in court
Proper estate planning is very important for California families, as even when a trust is set up while an individual is still alive, legal matters can still arise. The heirs to a California winery are learning this after winding up in court over matters related to...
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...
