During an economic downturn, people look for ways to save money. Sometimes the less expensive option turns out to cost more in the end. One technique of conserving cash that may lead to costly mistakes is pursuing the do-it-yourself approach instead of hiring...
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...
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...
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...
A well-worn maxim tells us that death and taxes are the only two things of which we can be certain. Under particular circumstances, we can also be certain that the occurrence of the former will trigger the latter. Everyone should be aware of the estate tax, but...
In drafting an estate plan, people must give rational and careful thought to how they want their property distributed. Then they must account for the effect that applicable laws and rules will have on that plan. Fortunately, an estate plan can be closely tailored to...
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...
Mike Wallace entered the living rooms of many Sacramento, California, homes for nearly six decades until his retirement in 2006. The journalist will always be remembered for asking the tough questions at the right time. Most recently, however, the "60 Minutes" anchor...
Many California residents have prized personal possessions. These can include pieces from a hobby collection, such as antique china, coins or cars. Other items may have been handed down through family generations, such as a grandfather clock, a jewelry set or artwork....
California is known for its host of stars in film and music. During the last number of years, few musicians' stars burned as brightly or as briefly as Amy Winehouse's. The British singer, known for her soulful voice, won a number of Grammy Awards before dying last...