Some figures baffle.Like the speed of light. Like the age and size of the universe. And like estimates pegging the personal fortunes of America's richest families.Consider this imagery relevant to the storied Vanderbilt family for a moment: a pile of money equaling...
Bay Area Estate And Tax Planning Law Firm
Month: September 2020
Broad, measured thinking out of the box promotes sound estate planning
"You own this." Those words might sound frightening to a would-be California estate planner, but they are actually meant to promote a feeling of empowerment rather than intimidation. It is no secret that legions of...
Remarrying couples unquestionably need to focus on estate planning
Many remarrying California individuals fail to timely consider and update existing estate plans to reflect new realities.Don't be one of them. Many remarrying California individuals fail to timely consider and update existing estate plans to reflect new...
How family dynamics affect estate conflicts
An old joke is that wherever there's a will . . . there are greedy relatives. While there is indeed truth in that adage, that's by far not the sole dynamic at play in most estate battles.The truth is that each of the decedent's heirs and family members brings a...
Some planning considerations with election clock ticking
It's been quite a year thus far, hasn't it? And a certain political event is looming larger by the moment.Maybe you've already got November 3 circled on your calendar. That spells the first Tuesday of that month, which of course marks the day when scores of millions...
IRS focusing on taxes allegedly due re offshore company accounts
Estate planning can entail special complexities and challenges in almost any given case. Some California residents know that to be especially true when a portion of family assets reside in one or more offshore accounts. In such a case, a prominent third party...