What happens when a beneficiary dies?
Nov 21, 2020
When a Beneficiary Dies “When the RMS Titanic sank into the icy waters of the North Atlantic, one of the lesser-known problems it raised was how to handle the estates…
What is the gift and estate tax?
Nov 21, 2020
This is Part 1 in a two-part series about Transfer Taxes. In Part 2, I discuss what is the generation skipping transfer tax. Understanding the Estate and Gift Tax There are…
Buckle up and Beware of Cheap Estate Plans
Nov 21, 2020
Why are some estate plans more expensive than others? If this is your first time doing an estate plan, one question you are probably asking yourself is, “How much is…
Prop 19 – What you need to know
Nov 21, 2020
PROP 19: REDUCE PROPERTY TAXES BEFORE FEBRUARY 16TH! Proposition 19 will affect each and every person who owns a property, whether it’s a primary residence, a vacation home, a rental property, or…
Estate Planning Should Not be a Near-Death Experience
Mar 27, 2020
A New Era of Estate Planning in the Age of Covid-19 The spread of Covid-19 has caused a huge spike in the number of people looking to get their estate…
“It isn’t possible to love and part”
Mar 27, 2020
‘It isn’t possible to love and part.’ In my last personal note from May 2019, I spoke of the Big Bad Wolf: “Here’s the thing. We don’t know when the…
Understanding the Duties & Responsibilities of a Trustee
Aug 09, 2019
A trustee is a party responsible for the management, investment, and distribution of the property or assets within a trust. This will involve the oversight of trust administration, accounting, taxes,…
Protecting Your Heirs’ Inheritance
May 31, 2019
A Checklist for Passing on Assets to Beneficiaries Maybe because it isn’t pleasant to consider our own mortality, it is oftentimes too easy to delay the creation and maintenance of…
BIG changes coming to your Retirement Plans! What you need…
May 27, 2019
On May 23, 2019, the U.S. House of Representatives passed important retirement legislation called the Setting Every Community Up for Retirement Enhancement (SECURE) Act. The Senate is likely to pass…
Everything You Should Know About Trusts
Mar 22, 2019
A trust, simply put, is a fiduciary arrangement intended to help you manage your wealth and assets in accordance with your wishes in the event of your death or incapacitation….
Ask AI
FAQ