How Donald Trump’s Tax Reform Act Affects Your Estate Planning
Learn about Trusts and how the latest tax reform act of 2018 affects your estate planning.
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Tax Reform Presentation May 29, 30, 31
How Donald Trump’s Tax Reform Act Affects Your Estate Plan I will be hosting a presentation in our Long Beach and Irvine office. There will be three dates to choose from: May 29th, 30th, or 31st. Attendance at either of the presentations...Read More
House Swapping
House swapping simply means that you and your family agree with a family from a different area to live in each other’s homes during your holiday. Swap your home and travel just about everywhere in the world. No money changes hands between...Read More
The ABCs of Trust Administration
WHAT IS A TRUST? A trust is nothing more than a contract. If you are married, it would be a contract between you and your spouse, establishing a manager for your assets, stating how your assets will be handled while you’re both...Read More
The ABCs of Probate
WHAT IS PROBATE? Probate is required if a person has no Will. Probate is also required even if a person has a Will. Probate is required unless a person takes steps to avoid probate. Probate is “proving the will” through a court...Read More
What Is Probate & How To Avoid It
WHAT IS PROBATE? Probate is required if a person has no Will. Probate is also required even if a person has a Will. Probate is required unless a person takes steps to avoid probate. Probate is “proving the will” through a court...Read More
Joint Tenancy Is a Death Tax Trap & an Income Tax Disaster
Most people hold title to their investments in joint tenancy, but this is often not the best way to hold title. To determine how you hold title to your investments look at your title documentation. If you hold title in joint tenancy...Read More
Be Careful Trustees!
A person can make poor investments and lose their own money without liability. But if you’re a trustee of someone else’s money, you can be liable if you make poor investments. This is true even if all you do is retain the...Read More
Don’t Need Your Current Life Insurance?
If you have a life insurance policy that you no longer want, consider selling it rather than simply surrendering it to the insurance company. Sales like these are so common that they even have a name – life settlements. You could possibly...Read More
Incapacity
Modern medicine is keeping our bodies alive longer, but it isn’t necessarily keeping our minds alert for longer. As a result, more and more people are becoming mentally incapacitated before they pass away. There are many dishonest people who will take advantage...Read More
Spotlight On My Family
Kimmie is a graduate of UC Davis in Communications. She is bilingual in Spanish having studied at the University of Salamanca in Spain. She has now gone back to school to get a second degree in Speech Therapy. Her husband, Jon, is...Read More
Estate Planning – The John Wayne Problem and the Bing Crosby Solution
How to properly plan your estate today. Why was John Wayne not a good example of proper estate planning? On the other hand, why was Bing Crosby an example of how to plan your estate properly. Learn what a Trust is and...Read More
Penny Wise, Pound Foolish
I had a client who didn’t want to pay us to transfer her 5 parcels of real estate to her trust. She said her son was “in real estate” and would do the transfers for her. A few years later, the client...Read More
Life Insurance Review
We’ve noticed many of our clients are still paying life insurance premiums when they no longer need to. Others are no longer paying premiums but they don’t realize that they can exchange their existing policy for a new one that has a...Read More
Property Tax Exemptions
Some transfers of California real estate between parents and children are exempt from reassessment. That means that your children might get to keep your low Proposition 13 taxes! Your children may exempt from reassessment (1) your primary residence and (2) $1,000,000 of...Read More
Does Mom Need Help?
“Your mother’s doctor called to tell you in a few days she can return home but she’ll need someone to help her at home with cooking, cleaning, and bathing.” or “Mom seems okay but papers are piling up, bills aren’t getting paid,...Read More
Four Necessary Legal Documents Every 18-Year-Old Should Have
When your child turns 18, it’s the year they are able to vote for the first time; it’s the year that they graduate from high school; and it’s the year your child becomes an adult in the eyes of the law. Many...Read More
The 10 Biggest Mistakes in Estate Planning
I fix trusts; don’t make these mistakes. To learn more, call us at 949-756-0684 for a free consultation in either our Irvine or Long Beach office.
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