Bay Area Estate And Tax Planning Law Firm
A trust is a crucial component of any estate plan, helping you ensure the proper distribution of your assets even if you become incapacitated or pass away. However, establishing a trust is only the beginning of a comprehensive process. Once you have created your...
If you're someone with substantial assets in California, at some point, you may want to consider creating an irrevocable trust. An irrevocable trust can shield your assets from certain taxes and ensure that your beneficiaries are well taken care of after your passing....
Holiday family gatherings in California present a good opportunity to talk to your loved ones about your estate plan. As everyone catches up on each other's lives, you can consider how to make arrangements that protect assets within the family, manage taxes or support...
Whether you reside in California or some other state, it can be difficult to plan for the future of your descendants, as there are so many laws to learn about and options to choose for dispensing assets. One option for giving your assets to your loved ones after your...
Many California residents want to set up a trust for estate planning purposes. However, others who would like to set up a trust do not do it because they are worried that the expense of doing so is more than they can afford. Here are some facts about setting up a...
Married couples in California can minimize estate taxes and gain more control over future disbursements of their assets by setting up an AB trust. This legal arrangement is common when the married couple’s estate value exceeds the remaining estate tax exemption. The...
A revocable living trust in California is the transfer of ownership of your assets into the trust to manage and distribute them after your death. However, not all assets are suitable for inclusion in a trust. Some assets may be better left outside of the trust to...
There are several types of trusts, each with a unique purpose. However, there are some general circumstances for California families in which establishing a trust may be the best option. If any of the following situations apply to you, you may want to consider...
Estate planning allows you to take care of your assets and beneficiaries in California. Some people want part or all of what they leave behind to go to charities. If you plan on donating a considerable amount of money to charity, it's good to know about charitable...
There are different kinds of financial planners and advisors that operate in California. While some of these advisors are not required to take extra steps to ensure that they always act in the best interests of their clients, others are. Those in this second group are...