What You Need to Know about Trusts and Capital Gains Taxes
Jun 08, 2022
Los Angeles, California estate planning attorney Caprice Collins talks about trusts and capital gains taxes in this informative legal guide. Revocable vs. Irrevocable Trusts Trusts all fall into one o...
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5 Estate Planning Tools Every New Parent Should Have
Dec 09, 2021
Your loved ones need to know your wishes in the event of your incapacity and who you want to make healthcare decisions for you if you cannot make them yourself. Appointment of Guardian in Your Will If...
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5 Common Types of Life Insurance
Dec 09, 2021
This type of life insurance is often used in conjunction with an Irrevocable Life Insurance Trust (ILIT) as part of a funeral planning component within an estate plan. Term Life Insurance The simplest...
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Who Should Be My Children’s Guardian?
Dec 05, 2021
Is a court-supervised proceeding which names an individual or entity to manage the affairs of an incapacitated person. A guardianship may also include the duty to care for the incapacitated person. Un...
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Why Is Dying Without a Will or Trust Such a Bad Thing?
Dec 05, 2021
A trust is a legal agreement that designates a fiduciary, commonly known as the “Successor Trustee,” with specific instructions to manage an owner’s assets upon death or incapacity for the benefit of...
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What Is a California Spendthrift Trust?
Sep 24, 2021
Living trusts can be further sub-divided into revocable and irrevocable living trusts while a testamentary trust is always revocable because a Will is always revocable. Trust Basics A trust is a relat...
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5 Considerations When Appointing Your Executor
Sep 24, 2021
In addition, a family member or friend may not have the experience or skills necessary to properly serve as your Executor. Understanding the Role of Executor To make sure you appoint the right Executo...
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Why You Should Not Use a Do-It-Yourself Last Will and Testament
Sep 24, 2021
When you use a DIY Will, the odds of leaving assets out – and therefore unintentionally leaving behind an intestate estate – increases. It May Fail to Fully Distribute Your Estate For most people, a p...
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Why You Should Not Use a Do-It-Yourself Last Will and Testament
Sep 18, 2021
Your Last Will and Testament is likely the first estate planning document you will create, making it the foundation for your comprehensive estate plan. It May Fail to Fully Distribute Your Estate For...
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How to Choose Fiduciaries in Your Estate Plan
Sep 11, 2021
A fiduciary is a person or entity that holds a legal and/or ethical relationship of trust with another person or a group of people and who must act to benefit that person(s) at all times. What Is a Fi...
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