One reason why many prudent California estate planners forgo executing do-it-yourself contracts and forms is their uncertainty as to whether such documents are tightly tailored and comprehensively address their unique planning needs. Likely, they don’t, which is an...
Bay Area Estate And Tax Planning Law Firm
Month: November 2019
California estate outcome underscores tax benefit for children
We have chronicled a few estate-planning-gone-wrong stories linked with celebrities over the years in our blog posts at the Bay Area Law Offices of Connie Yi. Those tales underscore that fame and wealth don’t necessarily translate to seamlessly tailored and...
4 criteria for undue influence
Undue influence typically targets financial gain. It may be direct fraud, or it may just be the process of "persuading" someone to do something else with their money.For instance, say that your parents have $1,000,000 and two children -- you and your sibling. You...
This single factor centrally influences estate planning effectiveness
Readers perusing our website at the established Bay Area estate planning Law Offices of Connie Yi might note the repeated reference of one specific term.Namely, that is the word “comprehensive.” We stress multiple times on a relevant planning page the...
Estate-linked power of attorney selection: getting it right
Who readily qualifies to be designated with power of attorney (POA) rights over your estate matters? Talk about a loaded question. Some estate planners can happily point quickly to one or more individuals they absolutely know are the ideal persons to be entrusted with...