Even those California residents who are young and healthy may benefit from estate planning. A good estate plan will maximize the size of the estate while minimizing the potential tax consequences for one's heirs. Moreover, proper estate planning will reduce the need...
One aspect of estate planning may be that an individual or couple is "house rich" but strapped for cash. In some California communities, real property taxes have risen to the point that seniors are in danger of losing their homes solely for not being able to come up...
According to public records, while on medical leave from Apple in 2009, co-founder Steve Jobs and his spouse are said to have placed at least three properties into trusts. One reason for doing this may have been their desire to keep their assets from being disclosed...
When someone with special needs receives an inheritance or a personal injury award, they may no longer be eligible for needs based government benefits. However, this type of one-time windfall can be put into a trust for the recipient's benefit so they can continue...
In a case that illustrates the kind of problems California attorneys who provide estate planning services deal with regularly, a judge ruled that their mother's adoption severed three siblings' legal connection to their aunt, which caused them to be denied any part of...
It goes without saying that a person's whose finances remain fixated 'in the red' may more than likely leave an estate that reflects the same. While residents here in California all hope to live in a debt-free environment that allows our primary focus to be on asset...
A recent California case highlights the problems that may result when a person decides to draft a will unassisted. A mother with two children and many friends decided she could do just fine writing her own will, documenting her wishes for distributing her assets and...
California residents usually find that utilizing the services of an estate planner is the best way to avoid some of the pitfalls associated with planning for death or the chance of incapacitation.So, why is estate planning helpful? In short, the process of...
When you need to put together an effective plan for the orderly distribution of your asset in the event of your death, an experienced and knowledgeable lawyer can be of great assistance and can help you protect your rights. California's estate planning laws can be...