Trusts -- which go by various names and are instrumental planning vehicles across a broad spectrum of concerns for millions of individuals and families across the country -- are among the most versatile and flexible tools in all of estate administration. Candidly, and...
Year: 2016
Passing On What Is Really Important – When a Will Is Not the Only Way
Most people begin the estate planning process, because they believe that it will help their families, by making their wishes clear while they are still alive. And an estate plan will do exactly that when it comes to health care and major assets. But the traditional...
Passing On What Is Really Important – When a Will Is Not the Only Way -2
Most people begin the estate planning process, because they believe that it will help their families, by making their wishes clear while they are still alive. And an estate plan will do exactly that when it comes to health care and major assets. But the traditional...
Remembering David Bowie: artist an estate planning enthusiast
David Bowie was known throughout his multi-decade musical career as nearly an illusionist, given his ability to virtually reinvent himself every few years while appealing to a constantly expanding global audience. It turns out that Bowie will now also be recognized...
Ensuring that all estate planning goals are accomplished
Acronyms abound in estate planning, just as they do in many other areas of law. Here are a couple: POD and TOD. They mean payable on death and transfer on death, respectively. And what is the exact relevance of those shorthand designations, some readers might ask, and...
Broadly relevant: wide-ranging applicability of estate planning
A recent media piece points out that many people "prematurely conclude that estate plans are only useful for securing wealth for later generations." On initial examination, it is understandable why some individuals and families in Southern California and elsewhere...
Trusts: noted flexibility and benefiting from proven legal input
Many would-be estate planners and individuals/families currently in the process of attending to estate administration matters know a thing or two about trusts. Not many, though, likely know the degree to which these planning instruments provide for great flexibility...