Focused And Personalized Attention Concerning Your Estate Planning Needs
Individuals often recognize the importance of having an estate plan, even if they have not yet created one of their own. Drafting a will and executing trusts can be sobering for some Californians as they come to terms with the fact that their estate planning documents...
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...
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...
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....
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...
When a Sacramento resident takes their first steps toward preparing a personal estate plan they may be eager to get all of their ideas down on paper and to ensure their loved ones receive the bulk of their wealth when they pass on. While the drafting of estate...
It seems like every family has one: a person who cannot manage their money or who spends money in a loose or even reckless manner. They may be well-intentioned, but Californians who wish to leave such individuals assets from their end of life estates may fear that the...
Admittedly, a will is not an exciting testamentary tool. Although movies and television programs sometimes sensationalize the reading of characters' wills to add drama and intrigue to family conflicts and to add wrinkles into complex storylines, in actuality a will is...
To answer the question posed in the title of this post, readers of this California estate planning blog must understand the different roles that individuals may play in the administration of the trust. The following paragraphs will discuss three main roles a person...
A will is a useful testamentary tool for outlining how a person would like their property disposed of upon their death. It can be used to serve other purposes as well, but if a will fails to satisfy the statutory requirements set forth by the California legislature,...