Just about any third party with even casual knowledge of Harper Lee and her life can readily see why the famed American author's estate is now commanding considerable interest following her death two years ago.For starters, Lee's personal biography was centrally...
Bay Area Estate And Tax Planning Law Firm
Bay Area Estates and Tax Law Blog
Estate issues can usually be prevented
Many different things go through a person's mind when they are trying to devise an estate plan. These things include who is going to get what and how they want to make the transfers. There are a lot of things that go into an estate plan that can discourage family...
Can I amend a trust, and is doing so a simple matter?
It is no surprise that individuals, couples and families in California and nationally find a compelling utility in trusts from an estate-planning perspective. They are impressively flexible legal tools that can be creatively tailored to promote diverse goals. We note...
Long-time IRS overseas compliance program rapidly ticking down
Americans residing abroad or living domestically with overseas financial holdings have been a collectively peeved bunch for years in their dealings with the U.S. Internal Revenue Service. Legions of them have been notably put out -- and rendered fearful -- by agency...
When an estate has no assets or is underwater
It is an optimal case for estate administrators and heirs, of course, when a wealth creator passes while leaving behind significant assets that are well protected and in a smartly crafted estate plan. That ideal scenario allows for inheritances and a related passage...
Why do families hesitate to act concerning special needs trusts?
In response to today's above-posed headline query, the answers are many.Some parents or other loving caregivers feel stymied in their efforts to make long-term plans for children with special needs owing to what a recent media focus on the matter terms "interpersonal...
Changing a will not enough to avoid probate in California
When you consider how many people with significant estates die each year in California without a will, you may think you are well ahead of the curve just by having a will in place. In the grand scheme of things, this is true. You certainly are better off having a will...
Fundamental estate planning refrain: do it before it’s required
That above headline admonition is far from rocket science regarding just about anything important, right? You study before a test. You train before a physical competition. You try to save a bit of money beforehand rather than just sliding into debt to procure some new...
Does creating more than one trust make sense for an estate plan?
We are going to surmise at the Bay Area estate and tax planning Law Offices of Connie YI, PC, that many readers of our blog will offer up a qualified answer to the above-posed headline question.And they would be wise to do so, given the nuance and complexity of much...
Godfather of Soul’s estate plan embroiled in decade-plus spat
"This stuff wouldn't happen to Elvis Presley," says a son of legendary musical artist and entertainer James Brown, who died in 2006.The alluded-to "stuff" is collective, complex and enduringly knotty. A recent New York Times article refers to the protracted estate...
