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August 2017 Archives

The ABCs of federal estate taxes

The idea of estate taxes can be troubling. If you have extensive property that has a value of $10 million or more (if you are married), estate taxes can become a very real concern. However, for some people, estate taxes are never an issue.

Updating your estate plan: a continuing look at this "must do" task

We stressed in our immediately preceding blog post the logical need for individuals and families in California and across the country to periodically revisit the estate plans they carefully crafted in the past. We noted in our July 27 entry that the financial strategies and detailed expectations inherent in given estate administration documents and tools need to be adjusted sometimes "when the world around us changes."

Your rights as a surviving spouse

Most states, including California, have laws in place to protect surviving spouses and other potential heirs to a decedent's property. This means that if one spouse dies, the other still has inheritance rights even if a will was never written or an existing will never updated.

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