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 [...]
An estate plan should be designed properly to protect your beneficiaries. When designing your estate plan, you should try and anticipate things that may go wrong or something unexpected that [...]
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 [...]
Like any field in the practice of law, the realm of estate planning is filled with terms that many would consider “legalese.” Often times clients use the terms “trust” or “will” interchangeably [...]
In prior articles, we’ve discussed generally the duty to disclose and some of the main documents that make up the Preliminary and Final Declarations of Disclosure. Despite this duty, the reality [...]
The goal of estate planning is to ensure that a person’s wishes are effectuated at the time of their passing. Most people drafting an estate plan wish for their belongings to pass to those people [...]
Can I Handwrite My Own Will? California is one of 26 states which allows the creation of holographic wills. “Holographic” simply means a document wholly written by the hand of its author. A [...]
Characterization and Family Law Presumptions In most divorce cases, arguments regarding dividing property often begin with spouses making claims such as, “this is my bank account, that is [...]
