by Kathryn A. Flanigan | Mar 13, 2017 | Estate Planning
Some California residents might wonder whether they should make an estate plan when there might be a change in federal estate tax law. However, there are generally benefits to estate planning that are independent of that. Among them are setting up an irrevocable trust...
by Kathryn A. Flanigan | Mar 6, 2017 | Estate Planning
California residents may have heard that Barack Obama signed the Special Needs Trust Fairness Act into law in December 2016. The new law modifies a rule that says a first-party special needs trust needs to be created by a disabled person’s parent, grandparent or...
by Kathryn A. Flanigan | Feb 27, 2017 | Executors & Fiduciaries, Trustees
California residents who are named as executors of their mothers’ and fathers’ estates have several important tasks to complete. First, they need to talk with their parents and other family members to ensure that everyone is on the same page concerning how...
by Kathryn A. Flanigan | Feb 24, 2017 | Estate Administration
When Californian residents who have a will die and leave credit card debt behind, their executors bear the responsibility of dealing with the creditors. The executor may start by ordering the credit reports of the testator in order to find out what debts are...
by Kathryn A. Flanigan | Feb 14, 2017 | Estate Planning
Many California residents put off making a will, and there are a variety of reasons why. Some people tend to imagine that their final days will come when they have reached their 80s or 90s, which leads to procrastination with estate planning. A survey from Princeton...
