by Christine | Sep 27, 2012 | Estate Plan, Estate Planning, Financial Planning |
If anyone needs proof of the importance of revisiting their estate plans annually, consider the case of a wealthy family that sold its retailing business to Best Buy. Perhaps you have heard that 2012 is a unique year for planning. However, did you know that 2010 was...
by Christine | Sep 26, 2012 | Estate Planning, Living Trust |
The trouble with do-it-yourself planning is that even if your situation seems simple, there are many oddball things a layman wouldn’t think of that can go wrong, especially with wills and trusts. No one wants to pay for something he or she can do themselves. Right?...
by Christine | Sep 19, 2012 | Estate Planning, Trust Protector, Trusts |
The [Trust] Protector is so useful, and it has become so commonplace, that the concept should almost always be discussed between planners and those looking to form trusts. In every trust arrangement there are three fundamental parties: the settlor, the trustee, and...
by Christine | Sep 18, 2012 | California, Estate Planning, Litigation Probate, Tort |
In an effort to address one category of untoward conduct, the California Court of Appeal has created a new tort to give courts a chance to test the conduct of a beneficiary by standards reflecting societal mores. A California intermediate appeals court recently used a...
by Christine | Sep 17, 2012 | 2012, 2013, Estate Planning, Intentionally Defective Grantor Trust (IDGT) |
The transfer of a residence to an IDGT is a strategy that enables a wealthy family to remove a valuable asset from their estate without impinging upon liquidity. It is built upon using time-tested estate planning concepts that are very likely to remain through...
by Christine | Sep 14, 2012 | Estate Planning |
End-of-life tax-ducking techniques can cut income taxes as well as federal estate and state estate and inheritance taxes. It’s never too late to take charge of your assets and the inheritances you plan to leave. For that matter, it’s never too late to properly plan...
