A marriage commitment comes with significant effects on our wealth and estates. Many ignore this fact and concentrate only on the matter until things are out of control. Whether you are getting into your first, second, or third marriage, it is essential to consider...
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Month: December 2023
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Funded revocable trust in estate planning in California
California law gives you the freedom to decide how you want your loved ones to inherit your assets after you pass. You can choose to use a will, which would set forth your wishes in a document that becomes effective after your death. Or you may use a revocable living...
Decanting an irrevocable trust in California
California residents often include irrevocable trusts in their estate plans because they can reduce estate taxes, protect assets and ensure continuing access to government programs and benefits. The problem with irrevocable trusts, as the name implies, is they are...