Free Confidential Consultation - (310) 475-0321

The Durable Power of Attorney and Living Will Protecting your health, dignity and assets

April 5, 2019

At some point in your life, you may be confronted with various situations, such as deteriorating health, an accident or other  unforeseen circumstances, which may cause you to be unable to make decisions about your own medical care and personal finances. However, by executing a Durable Power of Attorney and Living Will, you can ensure that any medical wishes you have will be respected and your personal and business affairs will be kept in order. Advance preparation and comprehensive estate planning is the key.

Read more

TRANSFERRING ASSETS TO YOUR TRUST

April 5, 2019

Most people are aware that one of the major benefits of establishing a trust is that a trust avoids the expense and delay of probate. Unfortunately, too many people establish a trust, and then defeat one of the major reasons for having the trust by failing to transfer all of their assets into the trust. Probate proceedings can only be avoided if all of the assets of the deceased have been placed in the trust.

Read more

THERE MIGHT BE A WILL, BUT IS IT THE WAY?

April 5, 2019

If you are like most people, you believe a simple Will is all that is needed to transfer your property to your loved ones in the event of your death. While it is in fact one way to accomplish this goal, it often times is not the best way or most cost efficient approach.

Read more

THE NEW TAX LAW and YOUR ESTATE Is a change of strategy in your future?

April 5, 2019

On May 25, 2001, both the House and the Senate passed the Economic Growth and Tax Relief Reconciliation Act of 2001 (“Act”) which President Bush quickly signed into law. A significant part of the Act is the gradual phase-out of estate taxes with full repeal coming after 2009. Currently, an individual can make tax-free transfers, during life or at death, of assets totaling $675,000. This sum is known as the “unified credit” and can be made in addition to yearly tax-free gifts of no more than $10,000 per donor per donee. Under the Act, the unified credit is increased and tax rates are decreased and eventually repealed as follows:

Read more

WILLS AND TRUSTS

April 5, 2019

Wills A will is a written instrument by which a person disposes of property at death. A will is always subject to change during the person’s lifetime. It conveys no present interest in property until the person’s death. In California there are three types of wills: (a) a “holographic” or handwritten will; (b) a statutory will; and (c) a formal will, prepared by an attorney.

Read more
Contact Our Attorneys

We are glad that you preferred to contact us. Please fill our short form and one of our friendly team members will contact you back.



Note: Your details are kept strictly confidential as per our Privacy Policy.

X
Have Questions? We're Here to Help.