by Christine Brown | Apr 30, 2021 | Estate Planning, Revocable Trust, Trusts
Trusts are an excellent tool for estate planning and asset protection purposes. The most common type of trust is a Revocable Living Trust, which holds your assets and helps avoid the probate process when you pass away. However, Revocable Living Trusts do not help much...
by Christine Brown | Apr 27, 2021 | Estate Planning
It is well known that probate in California is not only costly but has the potential to be very time-consuming. Many look for loopholes in the system as an attempt to shorten or eliminate the probate process. Some believe that adding their child’s name to their bank...
by Christine Brown | Apr 22, 2021 | Estate Planning, Trusts
If you plan on leaving money to minor children in your Last Will and Testament, you’ll have an important issue to consider: Who will be in charge of managing the inheritance and keeping the child’s money safe from being lost or squandered if the parents pass away?...
by Christine Brown | Apr 8, 2021 | Estate Planning
More than half of Americans now have at least one chronic health condition, mental disorder, or substance abuse issue. That is a staggering statistic that Long Beach estate planning lawyers who work with sick and disabled clients confront every day. There are varying...
by Christine Brown | Mar 31, 2021 | Estate Planning, Estate Tax
The IRS recently announced the 2021 federal estate tax rate limits, which are $11.7 million for individuals and $23.4 million for married couples. This is increased from $11.58 million and $23.16 million respectively in...
by Christine Brown | Mar 25, 2021 | Divorce, Estate Planning
Estate planning offers legal protection for families and individuals through all of life’s transitions. Using tools such as wills, trusts, powers of attorney, and healthcare directives, estate planning helps individuals protect their wishes, safeguard their assets,...