Bay Area Estate And Tax Planning Law Firm
The goal of all estate is that everything transitions without a hitch, that no opposition arises. Unfortunately, that's not always the case. There are disputes -- for love and money -- and the burden of those complications falls on the executor of the estate and the...
Lots of people roll up their sleeves and save a few bucks by changing the oil in their cars.Some folks disdain the assistance of professional money managers and make their own mutual fund selections. And some people even forgo doctors and self-medicate, thinking that...
Imagine that, as a California business owner, you intend to transfer your ownership interest and retire to a more leisured life that you have long envisioned.Might there reasonably be a lot to consider regarding that transition? Of course there is, and we highlight...
The above heading for today's blog post states what any proven estate administration and tax attorney knows to be true in the most fundamental sense, namely this: Optimal business succession outcomes are rewarded by principals who proceed proactively and in a manner...
Here's the scenario -- the general gist, if you will -- of a recent media focus and real-life story on death, survivors and an estate that needs to be immediately reckoned with.Mom has just passed away after a long and fruitful life. Her adult children are thankful...
There are many key takeaways regarding estate administration that centrally emerge in a recent survey conducted by the estate planning guidance group WealthCounsel.One of those is that many Americans want to connect with an attorney and get educated concerning their...
It has often noted, in various terms, that the Internal Revenue Service is a jealous mistress.That is, the agency is the antithesis of a soft-edged and forgiving organization when it comes to interpreting and applying U.S. tax laws. Indeed, it is a sober and exacting...
"I didn't want to rob my kids of their own character."So says a dad who found that extreme wealth wasn't the proverbial peaches and cream that many Americans envision it to be. That father instead had concerns and misgivings about his family's fortune after he sold a...
Obviously, there is a veritable basket of concerns related to the long-term health care needs of a California family in a given case.Will a loved one need to go to a nursing home for what will likely be a lengthy period? If so, is the day of admittance fast...
Here's an estate administration outcome that will certainly grab the attention of many individuals in California and across the country.To wit: An individual -- a dad, say -- takes out a hefty life insurance policy that names his wife as beneficiary. He derives...