Bay Area Estate And Tax Planning Law Firm
Estate disputes cause a lot of conflict, often among siblings. To get everything sorted out, you want to reduce the conflict as much as possible. This allows you to talk rationally and seek solutions, rather than responding emotionally and letting that take over.How...
Whither the Warhols?Artist and trend setter Andy Warhol likely perceived that two select paintings he did of another iconic individual back in 1980 would still command great attention nearly four decades later. It is unlikely, though, that he could remotely envision...
Aretha Franklin. Prince. James Brown. And now Tom Petty. That’s quite a pantheon of legendary musical artists, isn’t it? Collectively, those now deceased pop luminaries created and performed songs that generated soaring revenues for their recording companies and...
“Opening the doors of communication.” We used those words and imagery in a recent blog post at the Bay Area Law Offices of Connie Yi. We stressed in our April 2 entry that a candid and timely two-way exchange is vital between adult children and their parents when it...
Have you ever noticed as the adult son or daughter of loving parents that mom and dad still treat you like a child? We don’t mean lecturing you about your political views or questioning your purchase of a vehicle other than one they think would have made for a more...
You love them all equally, right, so doesn’t it simply make sense to treat all your kids the same when it comes to their down-the-road inheritances?That is unquestionably the mindset of legions of estate planners in California and elsewhere and, yes, following...
When it comes to estate planning, families are complicated. It's not always so simple as Mom and Dad passing away pleasantly in their 90s and leaving the money to their responsible adult children. We all wish things could go so smoothly, but they often don't. And that...
We have stressed in select prior blog posts at the Bay Area estate planning Law Offices of Connie Yi that the U.S. Internal Revenue Service has an unflagging focus on American individuals and families with offshore money holdings. The agency’s interest is both obvious...
According to one prominent national new source, “the IRS is a shadow of its former self.” If you think that you might reasonably have some serious problems to deal with in the event of an agency audit, does that assessment make you feel any better? We didn’t think so....
It is notable how select legal tools in various practice areas are sometimes misunderstood or underappreciated by individuals and families that could derive strong benefit from using them.Consider the prenuptial agreement in family law, for example. It is often...