The estranged daughter of a noted business tycoon who died in late 2015 openly acknowledges a virtual lack of communication with her father over decades. She laments that he -- in the words of a recently written national newspaper piece -- "didn't leave a dime" in his...
Bay Area Estate And Tax Planning Law Firm
Month: October 2017
Retirement security focal point of recent GAO study
There are certainly lots of reasons why a motivated individual or family might want to get started on implementing a sound estate plan to prepare for the future.Addressing uncertainty regarding health concerns might be one of them. Perhaps one or more loved ones have...
What can happen when executor appointment is, well, not optimal
It's a safe bet that the three former wives of famed -- and now deceased -- song writer/guitarist Jerry Garcia do not hang out together listening to Grateful Dead albums.Ditto that regarding former girlfriends and children from Garcia's various relationships. Here's...
Why most executors need help during probate administration
If you were asked to be the executor (often called personal representative) of a loved one's estate, that obviously means that trust was imposed in you regarding a very important matter.You were likely honored by the appointment, and accepted. Many people do. And now...
Well-heeled? Look with regularity at timely estate updating.
A recent Forbes article on estate administration notes that sound and timely planning is a smart strategy for a person "no matter what his or her level of worth."And the magazine goes on to note in the virtual wake of that statement that staying on top of...
6 psychological reasons for estate disputes
You and your siblings are involved in a bitter dispute over your parents' wealth. You almost can't believe it's real. You never imagined you'd fight like this, and the passing of wealth from one generation to the next is pushing you apart. Is it just the money?...