Tag Archives: Estate Planning

Who’s Afraid of Probate?


After reading my last blog post, a friend pointed out that you can only understand the benefits of a living trust if you know about the process of probate, and why you would want to avoid going through it.  Probate … Continue reading

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Am I Too Young For a Trust?


This post was prompted by a question a good friend asked me.  He is in his mid-30’s with a wife, two kids, a house, and a modest retirement account.  My friend asked me if it was true that for anyone … Continue reading

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The Estate Tax Benefits of Living in California


There are some people in California who would grumble about the Federal estate tax, but all California residents should be thankful that the State of California phased out its State estate tax in 2005.  Unlike California, seventeen states and the … Continue reading

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DOMA and Estate Planning for Gay Couples


Last week, President Obama ordered the Department of Justice to stop defending the Defense of Marriage Act, the Federal law banning recognition of same-sex marriages.  However, for the time being, same-sex married couples should not change their estate plans or … Continue reading

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Why Use a Living Trust?


A client recently asked me whether he could avoid paying estate taxes by putting all of his assets into his living trust.  The short answer to that question is, not really.  From the IRS’s perspective, the assets in your revocable … Continue reading

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