Navigating A/B Trusts and Disclaimer Trusts in Estate Planning: A Guide for California Couples For married couples in California aiming to protect their assets and reduce estate taxes, A/B trusts and disclaimer trusts offer two distinct paths in estate planning. Both approaches leverage federal estate tax exemptions, yet they differ significantly in structure, flexibility, and…
As a homeowner in California, your property is likely one of your most valuable assets. It represents stability, comfort, and security for you and your family. However, have you considered how you can best protect this asset for the future? Establishing a trust can be an excellent way to ensure your home remains safe and…
The Slayer Statute: A Spooky Twist on Estate Planning for Halloween Halloween is the perfect time for spooky tales of ghouls, ghosts, and… estate planning? While it may not sound as thrilling as a haunted house, there’s one eerie legal provision that deserves the spotlight this season: California’s Slayer Statute. Think of it as the ultimate…
Is the Debt of a Decedent Attributed to the Spouse in California? When a loved one passes away, the emotional toll can be overwhelming. Unfortunately, the financial implications can also be significant, particularly when it comes to the debt left behind by the deceased. In California, understanding how a decedent’s debt is attributed to the…
Being named the beneficiary of a Transfer on Death (TOD) deed in California can be a seemingly straightforward way to inherit property. However, this process comes with specific responsibilities and potential complications. Here’s a detailed guide on what you need to do after the death of the person who prepared the TOD deed. Understanding Your…
