As you make an estate plan, you hope that your heirs will not fight over your assets. That becomes your top priority. You have seen examples within your own family of rifts that grow between adult children when their parents pass away. You have seen those long,...
Estate And Tax Planning Law Firm
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Divorce, 401(k)/IRA transfers, bankruptcy and … trusts?
Legal commentators frequently make the point that the realm of estate planning is far broader and multi-faceted than is commonly appreciated. Legions of individuals and families in California and nationally duly note that planning applies to focused money concerns and...
This estate will undoubtedly take some time to settle
Not every estate settlement features a yacht of gargantuan dimensions.Of course, not every estate spotlights the assets held by a Microsoft Corporation co-founder. Paul Allen, who passed away recently, had a lot of toys to play with. In addition to the aforementioned...
The impressive flexibility, tailored aspects of trusts
This story hardly seems surprising. Reportedly, the central idea inherent in a trust -- one party’s holding property of potentially varied types for the benefit of another -- goes back many centuries.One recent article on the broad and effective role that trusts...
Bills and taxes: Estate administration can be complex
Many things related to a person's estate have to occur after they pass away. These tasks are left to the administrator of the estate. It is imperative that anyone who is creating an estate plan, as well as those who have to administer an estate, understand an estate's...
Incorporating legacy goals, aspirations into estate planning
Forbes contributor Daniel Scott will likely not embrace many new friendships among professionals in the estate planning realm following his recently penned article criticizing the industry.Scott – who is a money manager and financial adviser – gives the...
Relevant considerations concerning California will contests
Avid watchers of television crime dramas have undoubtedly run across one or more shows centered on acrimonious family disputes involving a testator's will. Such offerings often spotlight alleged wrongdoing of a serious nature that now promises results so-called will...
Movie icon’s estate planning garners some attention following death
The phrase “alleged disinheritance” is likely to command attention in any final estate plan accounting, with that certainly being the case where a celebrity is concerned.Burt Reynolds unquestionably qualifies for that title, with that actor being a...
What percentage of adult siblings have problimatic relationships?
You and your siblings haven't gotten along in years. Granted, you're occasionally able to put the fights and rivalries aside for Christmas dinner or some other family gathering, but that's a far cry from being happy and getting along. You're just pretending for the...
Proven strategies for reducing the estate-tax bite
A recent and notably instructive article on estate administration delivers a kind of two-sided-coin message concerning key money matters for planners.It notes on the one hand that legions of individuals and families fail to appreciate “just how big a bite taxes...
