Your final wishes can come into conflict with a variety of state and federal laws. In our blog, we explore how current U.S. laws affect the amount of your assets that can be passed on to beneficiaries, and examine how California legislation affects Medi-Cal eligibility, probate, taxation, and other financial considerations.
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New Year's Resolution: Get That Estate Plan Done!None of us knows when we may find ourselves seriously injured or sick. But if it does happen, you may not be able to speak for yourself. Plan in advance.
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Baby Boomers: Inheritance Conversations With Your ChildrenNot talking to your adult children about their inheritance comes at a cost. When children don't understand your inheritance intentions, it can result in discord
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Advanced Legal Strategies to Avoid Property Reassessments Under California Proposition 13 and Proposition 19Advanced legal strategies to avoid property tax reassessments under California Proposition 13 and Proposition 19.
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14 Essential Questions to Ask Aging Parents This HolidayThe annual gatherings for the holidays present an opportunity to broach sensitive but important topics with your aging loved ones.
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Estate Planning for Surviving SpousesIt's crucial to understand the important and timely decisions a surviving spouse must make regarding finances and estate planning.
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What Is a Gun Trust?If you own a firearm, you may wonder how to transfer ownership to your loved ones after you die. You may want to make special arrangements for your weapon.
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Inherited Retirement Accounts: Minimizing Tax ConsequencesThe SECURE Act, which went into effect in 2020, changed how beneficiaries of inherited retirement accounts must withdraw these funds.
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A Look at Legal Trends in Estate PlanningRecent federal and state laws affect estate planning tax, trust, and charitable strategies. The higher your net worth, the more critical it is to re-evaluate your plan with your estate planning attorney.
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Trusts for Grantor-Retained IncomeGrantor retained income trusts (GRITs) offer some tax and estate planning benefits, but they also have some drawbacks to consider. Consult an estate planning attorney to determine if this trust is right for you.
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A Guide to ABLE Accounts for People with DisabilitiesThe ABLE Act created tax-advantaged accounts for people with disabilities to preserve their eligibility for government benefits. They are one of many tools used to protect adults and children with special needs.
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Ensure That Your Estate Plan Is Handled by a Team of ProfessionalsTo avoid mistakes in estate planning, you should use a combination of professionals.
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Fiduciary Responsibilities: An OverviewIdentifying the Responsibilities of A 'Fiduciary'