skip to Main Content
Serving California in a Virtual Setting
Tax on Generation-Skipping Transfers Explained

Tax on Generation-Skipping Transfers Explained

Transfers that skip a generation of heirs are subject to the generation-skipping transfer tax (GST). Its primary design is to prevent wealthier individuals from avoiding estate and gift taxes by transferring large amounts of assets to their grandchildren, bypassing their…

What Are the Benefits of Having a Will?

What Are the Benefits of Having a Will?

The thought of death, especially your own, is uncomfortable. Add to that the issue of what will happen to our assets after our deaths and it’s little wonder why so few people have created wills and other estate planning documents.…

Helping Your Child with Special Needs Enter Adulthood

Helping Your Child with Special Needs Enter Adulthood

Planning for your child with special needs as they enter adulthood has practical and legal aspects. Begin well before their birthday to ease the transition and ensure they continue receiving their government benefits as an adult. If they require life…

A Guide to Creating a Living Will

A Guide to Creating a Living Will

Frequently called a living will, an advance health care directive specifies what action you want medical professionals to take in the event that you are incapacitated. A living will is crucial for all adults because accidents or a sudden onset…

The Importance of Estate Planning for Seniors

The Importance of Estate Planning for Seniors

Americans over the age of 65 establish wills and estate plans at a faster rate than their younger counterparts. Still, a significant number — 19 percent of those over age 72 and 42 percent of those between 53 and 71,…

Probate: How to Determine If You Need It

Probate: How to Determine If You Need It

Probate sounds expensive and complicated, but it is simply a standard legal procedure formalizing how assets pass from a deceased person’s estate to their chosen beneficiaries or heirs. Whether or not you require probate depends on the type of property…

Special Needs Trustee Selection

Special Needs Trustee Selection

Trusts set up for loved ones with disabilities are typically supervised by the grantor (the individual who creates and funds the trust). However, it is crucial to choose a successor trustee who will continue properly managing the SNT to benefit…

The Probate Process Explained

The Probate Process Explained

During probate, a will is formally recognized, a personal representative (executor) is formally named or validated, and assets are distributed to the intended beneficiaries following the death of the testator. It also requires paying the decedent’s outstanding debts and federal…

Back To Top