by Christine Brown | Feb 23, 2017 | Estate Tax, Inheritance, Inheritance Tax, Wills |
When the subject of inheritance is being discussed, people almost always ask this question to their Will and Trust lawyer in Torrance. Here is what you need to know about how you might be taxed on an inheritance. Income Taxes The IRS expects you to report every...
by Christine Brown | Jan 25, 2017 | Estate Planning, Estates, Trusts, Wills |
It’s hard to believe that more than half of all adults in America do not have a Last Will and Testament or Trust in place, especially with so many public stories of celebrities who left their estates a mess by not leaving behind a Will, leaving an invalid Will, or not...
by Christine Brown | Jan 3, 2017 | Guardianships, Wills |
Choosing a legal guardian who can raise your kids if you are unexpectedly incapacitated or pass away can be a daunting and difficult challenge. There are many things to take into account such as parenting styles and the potential guardian’s ability to love and take...
by Christine Brown | Dec 8, 2016 | Beneficiary, Beneficiary Designation, Wills |
Many grandparents wish to leave a legacy behind for their grandchildren; however, they may run into some issues if those children are underage. A Long Beach Wills and Trusts attorney can help you determine what the best options are for leaving assets to underage...
by Christine Brown | Nov 23, 2016 | Estate Planning, Trusts, Wills |
You have probably seen so-called “standard” (aka cheap) living trusts advertised all over the Los Angeles area. Seminars, direct mail, and telemarketing are all common marketing techniques for the companies that sell “Do-It-Yourself” legal plans. But, buyer beware!...
by Christine Brown | Jul 28, 2016 | Wills |
Most people are familiar with a basic Last Will and Testament but very few people in Torrance know what a Pour-Over Will is. Essentially, a Pour-Over Will is used in conjunction with a Trust, usually a Revocable Living Trust, and it directs that any assets you own...