Are All Grantor Trusts Revocable?
Most, but not all grantor trusts are revocable, but all revocable living trusts are grantor trusts. Generally speaking, a grantor […]
Can An Irrevocable Trust Be Amended?
One of the defining features of an Irrevocable Trust is that it cannot be amended, either at it’s outset, or […]
Administering an Estate through Probate With or Without a Will
Only a Trust Avoids the Probate Process In California, a probate process will need to be initiated in order to […]
Is This Your Situation: Worried about Taxes on an Asset Sale?
There is always a temptation to just sell off assets that you've accumulated and take the cash. But that generally results […]
Naming Trusts as Designated Beneficiaries of Retirement Accounts
Treasury Regulations Permit Naming Trusts as (Designated) Beneficiaries of Retirement Accounts While often viewed as a “gray” area, the reality […]
Funding a Living Trust
How Do Life Insurance and Qualified Retirement Plans Fit In? The most important aspect of owning a Revocable Living Trust […]
Can a Creditor Go After Non-Probate Assets?
When someone dies, one of the first questions that close relatives usually have is whether they are personally responsible to […]
What Financial Advisors Should Look for When Reviewing Client(s) Living Trusts
After practicing estate planning for almost 20 years, I've learned that having estate-planning documents doesn't always mean the estate planning […]
Handling Your Parents Wealth
People are living longer than ever before and extended lifespans often come with increased wealth. Decisions regarding your parents' assets can […]
10 Important Tax-Related Developments for 2016
Several significant tax developments happened last year that may affect federal income tax returns that individual and business taxpayers file […]