Bay Area Estate And Tax Planning Law Firm
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...
One reason why many prudent California estate planners forgo executing do-it-yourself contracts and forms is their uncertainty as to whether such documents are tightly tailored and comprehensively address their unique planning needs. Likely, they don’t, which is an...
We have chronicled a few estate-planning-gone-wrong stories linked with celebrities over the years in our blog posts at the Bay Area Law Offices of Connie Yi. Those tales underscore that fame and wealth don’t necessarily translate to seamlessly tailored and...
Undue influence typically targets financial gain. It may be direct fraud, or it may just be the process of "persuading" someone to do something else with their money.For instance, say that your parents have $1,000,000 and two children -- you and your sibling. You...
Readers perusing our website at the established Bay Area estate planning Law Offices of Connie Yi might note the repeated reference of one specific term.Namely, that is the word “comprehensive.” We stress multiple times on a relevant planning page the...
Who readily qualifies to be designated with power of attorney (POA) rights over your estate matters? Talk about a loaded question. Some estate planners can happily point quickly to one or more individuals they absolutely know are the ideal persons to be entrusted with...
Wills in the estate planning world are proven tools. They unquestionably stand as paramount documents in that universe, having demonstrated their utility over time in scores of millions of instances. A recent article spotlighting wills duly notes that they “were...
It’s no surprise that legions of Californians and individuals elsewhere across the country have a bit of a problem shaking off lethargy when it comes to estate planning.That is, they’d rather just think about it (if at all), rather than getting off the...