It’s your family, and unlike any other.
You might be familiar with Jim Cramer from his long-time television presence as an investment commentator or from the many books he has written on that subject.
Trusts are impressively flexible and creative estate planning instruments that provide varied benefits – including significant tax advantages – for their creators and beneficiaries.
Let’s state the obvious regarding the current COVID-19 global health pandemic: It is a dangerous and persistent nemesis that has materially altered the lives of Californians and people spanning the globe.
It’s called a grantor retained annuity trust. Candidly, it’s not an estate planning tool with universal applicability.
Here’s an initial point to note concerning today’s above-posed blog headline: You unquestionably do need to spotlight all foreign financial holdings you control and ensure legal compliance with Internal Revenue Service mandates.
The COVID-19 health care crisis presses on, with material challenges still arising in California and globally. Notwithstanding the pandemic’s persistence, though, encouraging developments are emerging that underscore successes in the fight to restore normalcy.
You certainly merit a shout out and congratulations if you’ve taken the proactive step to work with proven legal counsel and execute tailored estate planning documents.
Some realities are seemingly immutable and feature recurrent obligations for individuals and families year after year.
No California resident or individual residing elsewhere could even a brief few weeks ago remotely imagine the vastly aligned universe we now ilive n.