IRAs are complex assets to handle in an estate plan. There are tax issues during life and after death. Read this article to find out more. Basics of Estate Planning: IRAs … [Read more...] about Basics of Estate Planning: IRAs
Estate Planning
Planning to Enjoy Thanksgiving
Planning ahead is the loving thing to do. Whether it is for a Thanksgiving meal or for your estate plan, planning is imperative. This article points out the various consequences of your failure to plan, including the increased likelihood for family discord. Read on to learn how planning ahead can help achieve the desired results. Planning to Enjoy Thanksgiving … [Read more...] about Planning to Enjoy Thanksgiving
Basics of Estate Planning: Powers of Appointment – Part 2
Trusts can be very flexible instruments. One of the ways to add flexibility is by using powers of appointment. This article will examine the different types of powers of appointment and how that can impact taxation. Basics of Estate Planning: Powers of Appointment – Part 2 … [Read more...] about Basics of Estate Planning: Powers of Appointment – Part 2
Basics of Estate Planning: Powers of Appointment – Part 1
Trusts can be very flexible. One of the ways to add flexibility is by using powers of appointment. This article will examine what a power of appointment is and how it may be used to add flexibility to a trust. An upcoming article will examine the tax consequences of powers of appointment. Basics of Estate Planning: Powers of Appointment – Part 1 … [Read more...] about Basics of Estate Planning: Powers of Appointment – Part 1
Understanding the Difference Between a Living Trust and a Medicaid Trust
In the area of estate planning, there are so many different types of trusts that serve very different purposes. Trying to determine which type of trust you may need requires an understanding of these different types of trust. For example, some clients question the difference between a living trust and a Medicaid trust. Our living trust attorneys can help you understand the distinction so you can decide which type of trust you need. What is a living trust? A “living trust” is a trust that … [Read more...] about Understanding the Difference Between a Living Trust and a Medicaid Trust
Is Inheritance Planning the Same as Estate Planning?
It is a common misconception that inheritance planning and estate planning are one in the same. In reality, inheritance planning is merely one part of comprehensive estate planning. When it comes to Los Angeles inheritance planning options, let our attorneys guide you through the process. Here is what you need to know. Estate planning accomplish more than just giving away property Estate planning is the way you prepare yourself and your family for what happens after your death. Estate … [Read more...] about Is Inheritance Planning the Same as Estate Planning?
Basics of Estate Planning: Portability
What is “portability” and how is it elected? This article discusses these topics and explains some shortcuts that can be taken when filing a return only for portability. Read on to learn more. … [Read more...] about Basics of Estate Planning: Portability
Basics of Estate Planning: Portability vs. Credit Shelter Trust
Portability can work well in some situations. But, there are many reasons setting up a credit shelter trust instead might be better in some situations. This article examines several reasons a credit shelter trust may result in a better outcome for the client. Read on to learn more. … [Read more...] about Basics of Estate Planning: Portability vs. Credit Shelter Trust
How Tax Reform Could Impact Various Families
Learn how the Republican blueprint for tax reform would impact different families from an estate planning perspective. Read on to learn more. … [Read more...] about How Tax Reform Could Impact Various Families
Tax Reform and the Estate Tax
There’s a Republican blueprint for tax reform. Learn the general provisions of the plan and the uncertainties in it. Read on to learn more. … [Read more...] about Tax Reform and the Estate Tax
