Monthly Archives: November 2022
Avoiding Gift Taxes In Your Estate Planning
Although California has no estate tax, there is a federal estate tax. And although that estate tax has a rather high exemption limit–currently you won’t pay estate taxes unless your estate is worth over $12 million–many people want to avoid the estate tax by just giving property away. Can You Just Give Your Stuff… Read More »
Are You A Dynasty? You Are – With A Dynasty Trust
When you think of a dynasty, you probably think of a sports team, or a family of wealthy rulers in a foreign land. But actually, you have your own dynasty–called your own extended family, in terms of estate planning, which allows you to set up what is known as a dynasty trust. What is… Read More »
Benefits And Drawbacks Of Living Trusts
When you create a trust, you are sometimes not actually creating it at that time: you are just setting up the trust to “come alive” when you pass, and to ensure that the property you designate, transfers into the trust. But sometimes, you set up a trust when you are alive, and the trust… Read More »
Actress Anne Heche Died Without A Will
Nobody thinks catastrophe is coming. But sometimes, it does, and even the richest and most well known amongst us need to be prepared. Unfortunately when it comes to the recent death of actress Anne Heche, there may have been minimal, or no preparation, when it comes to estate planning. Anne Heche’s Tragic Death Young… Read More »