Category: Estate Planning

Debts of Deceased Orange County Relatives

The death of a loved one is an emotionally difficult experience. As family members grieve and struggle to accept their loss and move on, the last thing they need is to be pestered by unscrupulous debt collectors. Most Americans owe a certain amount of debt. While many people pay off their debts over time, in […]

Estate Planning Q & A

If you have not created a will or trust, you are not alone. Many Orange County residents have not participated in any meaningful estate planning. This can prove problematic if you become incapacitated because of a serious injury or illness. Without estate planning, your assets could end up under court guardianship and your family could […]

Estate Planning: Probate Explained

When an individual has passed and left valuable assets to those designated in his or her will, the distribution of assets to their rightful inheritors usually cannot be executed until the probate process has been completed.

Tax Planning & Estate Planning: What Happened To The Fiscal Cliff?

After hearing about the drama surrounding the expected fiscal cliff, we thought we’d check back in and share an update with you related to tax planning and estate planning. The highly anticipated deadline of January 1, 2013 came and went. We did go over the cliff—for about a day and a half—but Congress pulled us […]

Assemblyman Suggests Michael Jackson Neverland Park

Just recently, California Assemblyman Mike Davis suggested investigating if the California Department of Parks & Recreation could take over Michael Jackson’s Neverland Ranch. Hailed by nearly everyone as the “King of Pop,” Michael Jackson passed away last year and had nearly 2,500 acres of land on his former estate in Santa Barbara County—which could all, […]

Time is of the Essence When it Comes to Estate Planning

Did you know Congress has yet to extend the 2009 estate tax laws? It’s true. And while they can still extend the ’09 rules, if they don’t, the rules will be altered next year. Consider this: at the start of 2010, the Feds’ estate tax disappeared as a new capital gains tax on all inherited […]