The COVID-19 health care crisis presses on, with material challenges still arising in California and globally. Notwithstanding the pandemic’s persistence, though, encouraging developments are emerging that underscore successes in the fight to restore...
Bay Area Estate And Tax Planning Law Firm
Month: April 2020
What should I do with all my executed planning documents?
You certainly merit a shout out and congratulations if you’ve taken the proactive step to work with proven legal counsel and execute tailored estate planning documents.Like many individuals, you perhaps had some trepidation when beginning that exercise,...
The top estate planning mistakes to avoid
If you or a close family member is starting to look into estate planning, you'll likely be eager to understand some of the common pitfalls. Many people start to plan their estate with a very naive perspective, and this can lead to less-than-optimal strategies that may...
Can IRS action re 2019 tax filing affect my estate planning?
Some realities are seemingly immutable and feature recurrent obligations for individuals and families year after year.Filing taxes is a classic example. The duty to square up in a timely manner each year with the Internal Revenue Service for persons deemed to owe...
Tips on estate planning during the current pandemic
No California resident or individual residing elsewhere could even a brief few weeks ago remotely imagine the vastly aligned universe we now ilive n.Candidly, it's been turned upside down, hasn't it? It is understatement to note that we - virtually every one of us -...
Why COVID-19 has put a spotlight on POAs in estate planning
We stressed in our immediately preceding blog post a suddenly elevated estate planning emphasis for many Americans. What we specifically noted in our Law Offices of Connie Yi April 7 entry is that “an increasingly key focus for many planners during the current...
Many planners are understandably focused now on POA selections
We prominently stress on the website of our long-established Bay Area estate planning law firm a fundamental point concerning life’s ongoing developments.That is this: “It is impossible to plan for the unforeseeable.” Notwithstanding that fact, we...
Flexibility is the enduring quality of a sound estate plan
If we’re going for a metaphor, it might well be said that crafting an effective estate plan is akin to building a family home.Take that latter image for a moment. A so-called “starter” home is a dwelling that provides safe and sufficient surroundings...
Your estate plan: timely creation coupled with periodic updates
Candidly, estate planning is legal subject matter that much of the general public in California and nationally is not immediately comfortable with. The topic perennially ranks at or near the top of “not now” lists concerning matters that are surrounded by...