by Christine | Dec 1, 2015 | Advanced Health Care Directive, Conservatorships, Dementia, Durable Power of Attorney For Finances, Estate Plan, Estate Planning, Living Trust, Trusts, Wills |
One of the greatest blessings of the holiday season is gathering with friends and loved ones that we don't normally see throughout the year. For some that means visiting with aunts, uncles, cousins and friends over a lively Thanksgiving dinner. For...
by Christine | Nov 30, 2015 | GIfting |
When you gift assets to heirs during your lifetime, the reward is being able to see first-hand how your assets help family members and loved ones while you are there to enjoy it. Gifting with warm hands must be done with care to avoid any negative tax consequences....
by Christine | Nov 27, 2015 | Estate Planning |
Escheatment is not as well known as its distant real estate cousin, eminent domain. Escheatment refers to the right and process of a state government to claim ownership of accounts of a person who has passed away and has no known heirs or beneficiaries. However, there...
by Christine | Nov 25, 2015 | Estate Planning, Trusts, Wills |
Contrary to what some believe, Torrance estate planning attorneys aren’t here just for the wealthiest members of our community. In fact, after years of experience we come to see how nearly every person in Torrance can benefit from putting together an estate...
by Christine | Nov 24, 2015 | Uncategorized |
Did you know that family gatherings during the holidays should include a discussion about estate planning? Every family has at least one family member who makes everyone at the Thanksgiving table roll their eyes and groan when they begin to speak. One way to ensure...
by Christine | Nov 23, 2015 | Estate Planning, Estate Tax |
Paying estate taxes requires assets that can be easily turned into cash or dipping into cash accounts. This often becomes a major problem for executors of large estates. If proper planning has not taken place, prized possessions may have to be put on the auction block...
by Christine | Nov 20, 2015 | Estate Planning, Wills |
Through the use of technology, we will still be able to enjoy the brilliance of comedian and actor Robin Williams in a number of different formats, even though he has passed away. But it will be 25 years before his likeness is resurrected, in keeping with his own...
by Christine | Nov 19, 2015 | Estate Planning, Turnover |
Preventing an heir from knowing about the value of a trust, or even that a trust has been created for their benefit is often a desired goal, particularly when there are concerns about how the knowledge will affect the heirs. In some states, there is a way to...
by Christine | Nov 18, 2015 | Estate Planning |
It takes two steps to succeed at estate planning, and you need to know both! The first is knowing what the most common mistakes are. Equally important is knowing what to do to avoid them, or solve them when they occur. In many cases, knowledge is power. But in estate...
by Christine | Nov 17, 2015 | Estate Planning |
Many people think that not having children means that you don't need to have an estate plan. But in most cases, having an estate plan becomes even more important in the absence of children. Unless you wish to give your assets over to the state, you'll want an...
