Bay Area Estate And Tax Planning Law Firm
In considering the above-posed headline query for today’s blog post, let’s substitute the word “concerns” with the less alarming phrase “some things to think about.”Because the bottom line is this: Legions of Americans –...
It’s akin to the two sides of a coin.On the one hand, turning toward necessary planning regarding an individual or family estate “may feel daunting, time-consuming and/or expensive.” On the other hand, though, foregoing proactivity and simply giving...
We refer on our website at the established Bay Area Law Offices of Connie Yi to “one of the most important decisions you’ll make when you’re planning your estate.” California readers of our estate planning blogs might reasonably conjure up a lot of possibilities vying...
When picking a guardian for your children, you need to think carefully about the duties that they'll have to perform. It's imperative that you pick the right person, and you need someone who can take these tasks in stride. That's also why it's so important to talk...
You’ve likely seen ads, myriad online pitches and extended infomercials (some of them featuring tier-one celebrity figures) touting the alleged virtues of reverse mortgages.The information surrounding such financial vehicles is vast and detailed, and...
When talking about the richest people in the world, it's common to hear them referred to as the "1%". This simply references the fact that they are in the top 1% in terms of wealth. You can be very, very wealthy and be in the top 5% or the top 10%, so this is just a...
Any proven estate planning professional certainly appreciates that the kids, their offspring and even generations beyond that loom large in parents’ future-directed planning decisions. After all, estate planning strategies are centrally about transferring wealth to...
Disputes between siblings, after a parent passes away, are often the main thing that parent wants to avoid. What they care about, more than anything else, is their family. They do not want some fight over money or assets to make it so that children never speak again....
Living will. Medical directive. Durable health care power of attorney.The terminology can mix and merge in a way that understandably confuses many individuals and families focusing on key estate planning concepts and imperatives. And it is immediately coupled with...
Not every family has assets that contain foreign holdings. Many do, though. And those bank accounts and other financial vehicles tied to locales outside the United States yield both welcome assets and distinct challenges. The upsides are of course apparent. Legally...