by Christine | Feb 20, 2014 | Elder Law, Estate Planning, Real Estate |
A life estate is a deed that entitles you to remain in your home for the rest of your life and allows your designated heirs to inherit it without the hassle of probate-court proceedings when you die. How can you avoid probate when it comes to the transfer of your home...
by Christine | Feb 19, 2014 | Asset Protection, Elder Law, Estate Planning |
Could you be legally liable for paying for your parents’ care? Filial support laws exist in 29 states (California is ONE of those 29 states) as well as Puerto Rico, and have quietly existed on the books for a long time. Now, however, these laws are a very real and...
by Christine | Feb 18, 2014 | Estate Planning, Family Business |
As for the last conspiracy theory – elite families passing their wealth from generation to generation – evidence suggests that it is the exception rather than the rule. If you were able to create some wealth through the family business, how do you keep it going in...
by Christine | Feb 14, 2014 | Estate Planning, Gift Tax |
The law created a chance for wealthy families to move assets out of their estates and let their heirs benefit from any appreciation in value, said Lisa Featherngill, a managing director at Abbot Downing, a wealth-management unit of Wells Fargo & Co....
by Christine | Feb 13, 2014 | Estate Planning, Wills |
You should prepare a will so your heirs will be taken care of in an organized, legal and efficient manner, according to your wishes. Preparing your will is not exactly a "fun" thing to do, as most people don't want to think about the end of their own...
