Often portrayed in movies by families fighting over a large inheritance left by the rich benefactor who may, or may not, have lost their marbles (insert plot twist), capacity can be a major issue [...]
An issue that frequently arises in estate planning is the reassessment of property taxes. In California, property taxes are based on the assessed value of the property. When a property is sold or [...]
A generation-skipping trust is an estate planning tool that allows you to transfer assets to grandchildren or more remote descendants. However, there are important tax implications to consider [...]
A common question that arises during probate is “who gets paid first?” There are multiple parties that need to be paid during and after probate. Creditors of the decedent, governmental entities [...]
One of the main advantages of a trust is that it avoids probate. A trust can be seen as an investment for the benefit of its beneficiaries. A trust is created during a client’s lifetime so that [...]
Understanding Your Domicile for Estate Planning Purposes As our society becomes more mobile and flexible, it is not uncommon for individuals to work in one state while maintaining a home in [...]
What Happens When You Can’t Find a Beneficiary During Probate? Probate is the judicial court process in which a deceased person’s will or estate is distributed. In a typical probate, the court [...]
