Probate provides certain protections, but it also comes with a number of drawbacks. Learn more about probate in California in this presentation. Topics covered in this white paper include: Public Access Probate Expenses Delayed Inheritances Probate Avoidance Conclusion Click here to read the whole article or download the PDF. … [Read more...] about Free Report: Can Probate in California Be Avoided?
Free Report: What is the Estate Tax Marital Deduction?
To be able to position your assets optimally, you must understand the parameters of the federal estate tax. Topics covered in this white paper include: Estate Tax Credit or Exclusion Unlimited Marital Deduction Conclusion Click here to read the whole article or download the PDF. … [Read more...] about Free Report: What is the Estate Tax Marital Deduction?
Should I Use a Corporate Trustee?
When you are planning your estate, you may want to consider the utilization of a revocable living trust as a vehicle of asset transfer. If you have a revocable living trust in place, you can continue to control the assets while you are alive and well. At first, you can act as the trustee. The trustee is the person who administers the trust. As the trustee you would control the actions of the trust throughout your life. The beneficiary of the trust receives monetary distributions from it. You … [Read more...] about Should I Use a Corporate Trustee?
Free Report: What is a Living Will in California?
A closer look at the estate planning device called a living will. Learn more about California living will in this presentation. Topics covered in this white paper include: Last Wills & Living Trusts Living Wills Consequences of a Lack of Action Conclusion Click here to read the whole article or download the PDF. … [Read more...] about Free Report: What is a Living Will in California?
What Is the Medi-Cal Waiver Program?
When you are looking ahead toward your retirement years, the first segment will be the period of time that they called the golden years. You may look forward to travel, leisure activities, and quality time with your family. This is an important stage of life that can be extremely enjoyable, so you should plan ahead from a financial perspective so that you can make the most of it. Retirement planning should also extend to the twilight years that will follow your active retirement years. A … [Read more...] about What Is the Medi-Cal Waiver Program?
Will My Heirs Be Forced to Pay Inheritance Taxes in San Jose California?
Will My Heirs be Forced to Pay Inheritance Taxes from Roy W. Litherland An inheritance tax is a levied on transfers to each individual non-exempt heir. Learn more about inheritance taxes in San Jose California in this presentation. … [Read more...] about Will My Heirs Be Forced to Pay Inheritance Taxes in San Jose California?
When Would a Conservatorship Become Necessary?
Guardianship and conservatorship are two terms that you may come across when you are researching elder care topics. The terms are applied differently in different states. Generally speaking, a guardian or conservator would be empowered by the state to handle the affairs of a minor child or incapacitated adult. In some states, a guardian handles personal decision-making, and a conservator handles the financial affairs of a ward. In others, a guardian handles both types of decisions. We … [Read more...] about When Would a Conservatorship Become Necessary?
What Are the Drawbacks of Probate?
What are the Drawbacks of Probate? from Roy W. Litherland If you are in direct personal possession of property when you die, the probate court will supervise the administration of your estate. … [Read more...] about What Are the Drawbacks of Probate?
What Is a Revocable Living Trust?
In this post we will look at a very commonly used estate planning device called a revocable living trust. These trusts can be useful for people of relatively ordinary means, and they are quite effective if you want to facilitate efficient asset transfers to your loved ones. Ongoing Control There are people who think that you surrender all control of assets that you convey into any type of trust. In fact, this is not the case with a revocable living trust. Look at the name of the trust: it is … [Read more...] about What Is a Revocable Living Trust?
Free Report: Estate Planning Demystified
Because so many people are uninformed, a high percentage of Americans are going through life without an estate plan. When you understand the facts, you invariably take action because you know why estate planning is important. With the above in mind, we would like to provide some foundational information about estate planning and the eventualities of aging. Click here to read the whole article or download the PDF. … [Read more...] about Free Report: Estate Planning Demystified
