Bay Area Estate And Tax Planning Law Firm
One of the primary tasks that an estate plan accomplishes is to pass assets down to the intended beneficiaries. This can be done in the will, but there’s also an option to establish trusts. All trusts are classified as either revocable or irrevocable, and the...
Creating a trust is a powerful tool for managing your assets during your lifetime and beyond. It offers you control over the distribution of your property and can provide peace of mind for your family's future. Understanding how a trust can benefit you and your loved...
Choosing a trustee is one of the most crucial decisions you'll make when setting up a trust. This person will manage the assets you've worked hard to accumulate, ensuring they're used as you've intended. But how do you choose the right person for this significant...
Building a successful family business is a testament to hard work and cultural values that span generations. As your enterprise grows and your assets add up, it is important to think about how to protect and pass on this wealth effectively. Trusts and estates can help...
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...