Estate Planning / Probate & Trusts / Business Law (858) 720-8250 info@thelegacylawyer.com
Posted in Estate Planning, High Net Worth Clients on Mar 10th, 2011
Often, young people and couples are turning to parents for assistance in making that home purchase. From an estate planning perspective, the devil is in the details; the success of the transaction will lie in making the proper choices given the facts.
Posted in Estate Planning, High Net Worth Clients, Living Trusts, Probate on Mar 8th, 2011
To an estate planning attorney what is astonishing is not that Tony Curtis disinherited his children, which frankly happens often enough not to produce comment, but that he did so publicly when he could have easily done it privately.
Posted in Estate Planning, High Net Worth Clients, Living Trusts on Oct 29th, 2010
There are two main purposes of an international trust for U.S. citizens. The first is to combine domestic and offshore assets into a unified estate plan with a common trustee and set of instructions. The second use of interantional trusts is for asset protection.
Posted in Estate Planning, High Net Worth Clients, New Parents, Planning for Incapacity on Jul 7th, 2009
I can’t over-emphasize the importance life insurance can play in your estate plan! Often, a person or couple will delay buying life insurance until they feel they can better afford it. However, that’s not wise. The older you get, the more expensive new life insurance policies become and the less insurable you become. At some [...]
Posted in Estate Planning, High Net Worth Clients on Jul 3rd, 2009
California has no state Estate Tax, and is not likely to enact one in the next decade at least, based on current politics. That doesn’t mean that, as a California resident, you can necessarily forget about state Estate Taxes. If you have a diverse portfolio of investments, some of those assets may be in other states.
Posted in Estate Planning, High Net Worth Clients, Living Trusts on Apr 8th, 2009
The Wall Street Journal and other sources have reported that President Obama wants to freeze the estate tax credit at its current level. This means that estates with less than $3.5 million in value can be transferred free of the estate tax at death. In other words, the vast majority of us (98%) won’t have [...]
