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...