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...
The death of Michael Jackson may have been a huge loss to the music world, but not even death could stop him, or his estate, from making money. Through clever estate administration, Jackson and his lawyers were able to secure a solid financial future for Jackson's...
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...
Most people go through the estate planning process to ensure that when they die, as much of their estate as possible escapes the clutches of Uncle Sam. However, in a case that California readers may find interesting, one Florida man chose to do the exact opposite....
One of the concerns that California residents have when they do estate planning is the effects of federal taxes on their estate. At the moment, estate taxes have an exemption amount of $5 million with a top marginal rate of 35 percent, but that exemption is set to...
When a person has a substantial estate to transfer upon their death, he or she will often utilize wills and trusts to handle many of the issues that they may face. Wills and trusts are often an excellent way to avoid probate court and to see that the deceased person's...
Many people seem to believe that the term "estate planning" doesn't apply to them. To those people, only the rich and famous need to worry about intricacies of estate planning, because only they have estates worth making a plan for. That's simply not true. Average...
Estate planning is critical, even though we often make excuses for avoiding it. Making decisions about how worldly possessions will be distributed upon one's death is part of the process, but it's not the only part that should be involved in estate planning for...
There are times when having a will truly help parents and heirs alike. One such instance occurred in California after a husband and wife passed, leaving their estate to their son. It had been their wishes that the family home be sold and the proceeds be placed into...
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...