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September 2019 Archives

How can you enhance a trust’s already impressive flexibility?

Regular readers of our blogs in the Bay Area and across California know that we strongly endorse the clear utility of tailored and well-drafted trusts at the Pleasanton Law Offices of Connie Yi. We note on our established firm’s website that, “Trusts can be an integral piece of estate planning for many individuals, couples and families.”

Let’s see now, which child should I pick to administer the estate?

Michelle Herting is a California business adviser and writer on estate planning topics. She makes two quick child-centric points in a recently penned article that are relevant to the planning process. We note them immediately below for readers.

When does it morph from tax avoidance to tax evasion?

One is lawful. The other can yield a lengthy prison term and financial penalties of a staggering degree. The former is part of a strategy that is both recommended and implemented by proven estate planning attorneys. The latter is a flat taboo that none of those professionals would ever endorse.

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