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Sacramento Estate Planning Attorney

Posts tagged "Estate Planning"

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 protecting the legacy of Thomas Kinkade and his estate's future earnings after the artist's sudden death on April 6 at his Northern California home.

People in California should be aware of effect of estate taxes

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 especially those whose estates stand to be diminished because they exceed a specified dollar threshold. Proper estate planning can help avoid unnecessary taxation.

California residents should update estate plans as need arises

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 comply with the laws and fulfill a person's intent.

Wallace's death shows importance of designating power of attorney

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 passed away at the age of 93. News of Wallace's health in his final days is a strong reminder for individuals to establish durable power of attorney in a timely fashion.

Estate of Marilyn Monroe's makeup artist to sell off photographs

Marilyn Monroe's life on and off the screen captivated people in California and across the country. Her enduring fame is proved by the recent movie, My Week with Marilyn, which earned lead actress Michelle Williams an Academy Award nomination for Best Actress. But other examples of Monroe's continued popularity abound.

Baby Boomers and their parents face estate planning challenges

The first wave of the Baby Boomer generation has only recently reached the traditional retirement age of 65. Their parents, the generation that was steeled by the Great Depression and fought in World War II and Korea, are in their 80s and 90s. Each generation has faced its particular obstacles, but they are united in the challenge they currently confront: how to create an effective estate plan.

Living wills are also part of a complete California estate plan

Most people recognize the need for an estate plan, but as we have mentioned before, few people create one until the last minute, if at all. Perhaps you have thought about an estate plan and even executed a will, designating where and to whom your property will go after your death. Maybe the plan includes more sophisticated estate planning instruments, such as a trust. But does it include a living will?

Estate planning essential for single parents in California

One of the primary goals of an estate plan is to take care of your family in the event of your death. It is not often pleasant to reflect on those circumstances, but it is a reality that all of us will necessarily face at one time. The best course of action, therefore, is to address potential problems and solve them using the legal tools available.

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 money she had accumulated and who would be the beneficiary of all that wealth.

My Sacramento law practice, Michael A. Sawamura, Attorney at Law, focuses on wills, trusts and estate planning law in addition to business law and corporate defense services. My clients include professionals, government employees, small businesses, blue-collar workers and national corporations.

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