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28th September 2009
You are a spiritual being. You recognize something in you that is greater than the experience you may be living. Trust that part of who you are.
Our difficulty in our society is due to all the conditioning we have had through education and culture that... Read >
Author: wbdoyle23rd September 2009
A. Living Trusts
As you know, a living trust is a legal arrangement where a person, called the "grantor," places his assets into a trust during his lifetime. The trust is administered by a "trustee" for the benefit of the trust's beneficiaries. The gr... Read >
Author: wbdoyle16th September 2009
Probate is often a complex process and the challenge of handling the details and red tape of a probate or trust can seem overwhelming. If you are faced with the prospects of handling a probate trust, estates, and other probate matters in California, then ... Read >
Author: jaiseo25th August 2009
One simple answer to the question why you need a trust is to avoid probate. If you die in San Diego without a will or a trust, your estate will have to go through probate, a costly procedure in California in terms of probate fees, time, and emotional toll... Read >
Author: Carol Ronquillo25th August 2009
After Michael Jackson died, no family members could find a will or a trust. His mother filed a petition with the Los Angeles Probate Court to be named the administratrix of his estate believing that he died intestate. Soon after she filed, a former lawy... Read >
Author: Carol Ronquillo20th June 2009
Entity layering is a key concept in risk management. It is like the layers of an onion. The outside of the onion is the toughest layer and there are many layers to the onion. As soon as you peel that first layer back, a chemical reaction begins, because... Read >
Author: shreebest18th June 2009
Copyright (c) 2009 Nick Hodges
This article is in response to a question recently asked by one of my tax clients, Jim, which was, "How does updating our family trust affect our existing assets?" I'm going to start by establishing some basic disclaimers... Read >
Author: Nick Hodges15th June 2009
1. A trust is different from a will, in that it allows a person to distribute their worldly goods among their loved ones before their death. It is entirely possible to create a trust as well as leaving a will, or to do one or the other. With good legal ad... Read >
Author: mgordon11th June 2009
Entity layering is a key concept in risk management. It is like the layers of an onion. The outside of the onion is the toughest layer and there are many layers to the onion. As soon as you peel that first layer back, a chemical reaction begins, because t... Read >
Author: Don Burnham10th June 2009
A quit claim deed is a document that provides for complete revoking of a property by a person. When the quit claim deed in signed, the person is essentially giving up all claims on the property in question and is transferring it to another person. For the... Read >
Author: Gen Wright09th June 2009
Copyright (c) 2009 Jeffrey Matsen
Recently I had two different sets of clients come in to me with major legal problems. As you will be able to perceive after reading this article, these problems could have been drastically mitigated or even eliminated... Read >
Author: Jeffrey R. Matsen05th June 2009
Copyright (c) 2009 Jeffrey Matsen
Most of us have heard that Probate is something to be avoided. Simply put, Probate is the legal process by the means of which the court system oversees the administration of your estate when you die. It supervises th... Read >
Author: Jeffrey R. Matsen18th May 2009
A will is simply a testament that defines which heirs will receive what assets. On the other hand, a trust is a property management arrangement in which one person (the trustee) manages assets for the benefit of another person (the beneficiary).
When ... Read >
Author: devonte15th May 2009
hugely important step towards keeping their most valued property in the hands of family and friends. A trust, distinct from yet compatible with a last will and testament, will be for many people an essential part of putting their affairs in order as they ... Read >
Author: mgordon15th May 2009
Creating a trust into which to put your earthly assets is viewed by many people as a hugely important step towards keeping their most valued property in the hands of family and friends. A trust, distinct from yet compatible with a last will and testament,... Read >
Author: mgordon12th May 2009
When you opt to begin planning the allocation of your assets for after you depart or in the event of an accident, there is no doubt that the question of trusts will come into play. The reason for this is because trusts allow for numerous tax breaks, asset... Read >
Author: King of Kontent11th May 2009
The additional stress, money and burden never would have been placed on his family if Jeff had taken the time to finalize his Living Trust. In the end his estate was forced into probate and his family didn't see a dime for over a year, not to mention 7% ... Read >
Author: arif1205th May 2009
You no longer have a need for a court Executor to manage your assets for people whom you’ve already named as recipients to your assets. After-death distributions under a living trust are usually implemented privately, and avoid probate. This works becau... Read >
Author: jesuscole11th November 2008
None of us like to think about what will happen to our families or what would happen to us if our partner should die. We don’t want to think about what life would be without them. But it is something that we have to contemplate and we need to make sure ... Read >
Author: nlwest2121st October 2008
In every real estate transaction there are a wide variety of legal issues that must be taken care of. Contracts should always be reviewed by an attorney who understands the nuances of real estate law. But there are also state specific State laws to cont... Read >
Author: Mansi Gupta06th October 2008
Estate planning has as a main goal of ensuring that a client's estate does not go through probate, which costs money, takes time, and can cause major aggravation.
First, here are some of the important terms in estate planning: Living Trust - a trust s... Read >
06th October 2008
Every four or five years estate planning documents must be reviewed to ensure that the will and living trust are current. There are several factors that can account for estate planning documents no longer being current.
Possible changes in state and f... Read >
26th September 2008
If you own property in other states and in other countries, your estate must go through probate in those states and countries besides the state you die in if you do not have a living trust. A will is not enough to protect your estate from going through p... Read >
08th September 2008
Let's review the difference between a will and a living trust before looking at the differences between the estate planning terms executors and trustees:
A will is a legal document directing the disposition of assets upon a person's death.
A living ... Read >
22nd August 2008
By Steve Dahl
Cash under the mattress and bank CDs are not retirement strategies you can count on. Learn retirement strategies that work in this condensed list of nine ways to catch up on retirement funding. No one is going to hand you a more secure an... Read >
Author: Steve Dahl22nd August 2008
There are many ways to catch up on your retirement but we've condensed it down to nine really good action steps you can take right now to get back on track. That bank CD isn't a strategy but it could be a part of your plan. Learn more.
1. GET A PLAN, S... Read >
Author: Steve Dahl17th August 2008
Not every estate planning attorney is appropriate or qualified for your specific needs. When trying to find a good attorney to handle your estate planning, you should consider experience, knowledge, and services provided.
A good estate planning attorne... Read >
Author: Steven W. Allen12th August 2008
How do you protect your assets and independence during your lifetime as well as clearly guide and protect your family after your death? Consult an Estate Planning Lawyer. It is important to consult with an estate planning attorney to ensure you not only h... Read >
Author: Adam Tobin14th July 2008
It's important to note that when "giving away" an item such as your cabin or cottage to your children, despite your purest intentions, it can quickly become an enormous tax burden for the recipient/s.
Here are some different options to discuss with yo... Read >
Author: M Shane23rd June 2008
No one does not voluntarily elect a probate. People are too busy or concerned about the risk to health or other things to plan. They pass away without a living trust and their heirs in general ---- ---- their children to notice that they will not be able ... Read >
Author: ebet sanders23rd May 2008
Your living trust is much more than just a will that says which heirs get what percentage or which specific items that you leave behind should go to whom. A living trust details how and when heirs are to receive their inheritance, who is to take over any ... Read >
Author: Steven W. Allen20th May 2008
A living trust will not only protect your loved ones from difficult, costly and time-consuming legal procedures like probate, it may even protect you from the similar legal issues during your own lifetime. A living trust can be used in case of your incapa... Read >
Author: Steven W. Allen20th May 2008
Estate Planning is not only the process by which you're able to protect your assets and independence during your lifetime in the event of a physical or mental incapacity, but also is the process by which you're able to guide and protect your family after ... Read >
Author: Adam Tobin17th March 2008
We are the Accountant's Resource. TM
Corporate Store Front is now offering complimentary annual minutes to all Accountants, CPAs, Financial Advisors and other Real Estate Professionals. The free service is through My Annual Minutes.Com. Your client... Read >
Author: Abby Copuyoc29th January 2008
Living trusts are usually set up so that any assets may be passed to inheritors or beneficiaries without necessarily going the probate way. Many people have experienced cases where, when owners of assets pass away, the beneficiaries fight over these asset... Read >
Author: Poly Muthumbi30th June 2007
Copyright (c) 2007 John Fraker
Trust Administration enjoys many advantages over the cumbersome, bureaucratic Probate process.
This article will address only the advantages of Trust Administration as a process, not the benefits of a Living Trust. The... Read >
Author: JohnFraker16th June 2007
Copyright (c) 2007 John Fraker
When a decedent dies with a valid will, but without a Living Trust, their estate is subject to Probate. Probate translated literally means "to prove the will." The probate process, in it's origin, was designed to prove th... Read >
23rd April 2007
By Shawn Christopher
Estate Planning, put simply, is the process of arranging one’s affairs for when they pass away. This can usually be accomplished through the use of living trusts and wills. To most, the concept of estate planning sounds relative... Read >
Author: Filipino American Business Directory21st April 2007
1) Do I need a Will?
Most likely, yes. Anyone who has minor children should have a will to appoint a Guardian in the event of both parents dying while the children are minors. (If you need any legal help please contact Rhode Island attorneys Slepkow Sl... Read >
Author: David Slepkow, Rhode Island Lawyer19th February 2007
The probate process can be time-consuming and expensive. Although is generally impossible to avoid probate once the decedent has died, probate costs can generally be avoided with proper estate planning prior to death.
One of the most popular and flexi... Read >
Author: Accendo Academy29th December 2006
Copyright (c) 2006 Ainer & Fraker, L.L.P.
Who will care for your children if you should die before their 18th birthday?
A difficult thought, to be sure. It may help to know that you can provide for your children's well-being should such a disaster ... Read >
Author: John Erik Fraker, Esq.22nd November 2006
There is a lot of misinformation and misunderstanding about last wills, living wills and living trusts.
While nobody likes to think about their own mortality, preparing both a will and a living will can save your loved ones from having to make a lot of... Read >
Author: Nora Cole31st July 2006
Several myths surround real estate ownership in the Cabo San Lucas area, beach property in places like Cerritos Beach and real estate investing in Mexico in general.
One of the biggest myths about owning property in Mexico is that it is impossible for... Read >
Author: Steve Majors28th June 2006
Copyright 2006 Ainer & Fraker, L.L.P.
A living trust can help you reduce your estate tax liability to Uncle Sam. To see how this tax reduction works, let's examine the following hypothetical case:
Client Family has an estate of $4 million. The husba... Read >
Author: John Erik Fraker16th April 2006
Copyright 2006 Ronald Hudkins
A living trust has many advantages over a simple will or testamentary trust (trust after death). The first advantage is that it keeps the IRS even further out of the process than does either a will or trust that becomes e... Read >
Author: Ronald Hudkins17th March 2006
Copyright 2006 Ronald Hudkins
There are many ways to protect assets for your loved ones. One way is to use a living trust. Living Trusts are routinely used by average persons, not just the wealthy, to avoid the high cost, publicity and inconvenience of... Read >
04th November 2005
Have you ever wondered what would happen to your assets if you were sued, in a car accident and it was your fault or if you became disabled or even died? Most people consider this question but do very little about taking the necessary steps to protect th... Read >
Author: David Chandler18th October 2005
A Trust is perhaps the best channel to keep your money and other assets safe and secure for your future generations. It is a lawful creation that isolates your money for specific reasons.
A trust is beneficial even when the grantor is alive and after ... Read >
Author: Mansi Gupta06th October 2005
Let's face it, you're on a roll. After getting down to your attorney's office to sign the new Living Trust and then diligently tracking down your assets to fund the trust, you should be congratulated. You're one of the responsible ones - 70% of the people... Read >
Author: Glenn Dahlke06th October 2005
A common problem I often see when working with living trust beneficiaries and trustees is the lack of attention in rethinking income strategies in the event of the grantor's death.
When the grantor of a living trust dies, the trustee (especially a fami... Read >
Author: Glenn Dahlke04th October 2005
If you've ever thought about a living trust, it's probably because you hate the idea of going through probate. Living trusts have been heavily marketed on that basis over the past several years and, yes, living trusts certainly do avoid probate. But, ther... Read >
Author: Michael Pancheri04th October 2005
If you're like many Americans over the age of 55, you've probably had money taken out of your paychecks for years and years in order to purchase U. S. savings bonds. Those bonds are probably sitting in a safe deposit box at your local bank or in a drawer ... Read >
Author: Michael Pancheri
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