Most American taxpayers likely don’t even know what the acronym OVDP stands for. Those who can readily connect those letters with “Offshore Voluntary Disclosure Program,” though, probably know quite a bit about that IRS initiative. They know it...
Estate And Tax Planning Law Firm
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Guardianship at core of family dispute re well-known entertainer
We have stated many times in our estate planning blog at the Alameda County Law Offices of Connie YI that effective estate administration entails more than the mere protection of family property.That is certainly a key and fundamental planning focus, true enough. It...
Queen of Soul’s estate planning tale similar to that of other stars
The adage, “Where there’s a will, there’s a way” applies in an unintended though most literal manner to the realm of estate planning. A planner who executes a well-crafted will prior to passing leaves behind a legal document that provides for...
Blended families may have more issues with estates and wills
Divorce is more common than it was years ago, and so there are more blended families in the United States these days. After all, many people choose to remarry after a divorce, and that often means bringing children from a previous marriage into a newly blended...
Considerations re others acting for you in estate planning
Tick. Tick. Tick.That is the aural imagery advanced in a recent Forbes piece with a “what might go wrong” perspective on estate planning, especially concerning the individuals empowered to act on behalf of a planner. Those persons can be many and with...
Estate planning: What exactly does that term entail?
We use a recent Forbes article on estate planning as a logical launch pad for discussion in our blog post today. That piece focuses on the idea that estate administration inordinately focuses on after-death strategies and outcomes, and not enough on here-and-now...
This estate litigation not fated, but not especially surprising
Glen Campbell unquestionably lived large, having a life that fully justifies the many biographies that will certainly surface in the wake of his recent death. The singer/guitarist was a music legend with a broad-based entertainment career spanning decades.As to his...
Estate planning acrimony: What’s the biggest trigger?
What might interfere most with your expectation as an adult child that mom and dad’s estate plan is going to leave you with “X” amount of money?In other words, what might most reasonably derail your decidedly confident view and turn that inheritance...
The elderly often refuse to believe in undue influence
Your parent, nearing the end of his or her life, suddenly has a new love interest. The person is far younger than your parent, and you feel skeptical. That is confirmed when you meet the person and spend time with the two of them together. It seems clear to you that...
As an estate planner, do a favor for your family: communicate
Mum’s the word.We all know that expression, right? It slides in nicely along something like, “Keep it close to the vest.” The bottom line stressed in such adages is reticence, a pulling back, a strategy of silence in lieu of overt willingness to...