Many parents believe that by adding children’s names to a property deed, they can easily pass along that property to their children. Unfortunately, those who act on that belief often find they have invited more problems than they have avoided. This is because in California, when more than one person owns property together and they […]
https://www.calilaw.com/wp-content/uploads/2014/03/Trust-Planning-91024.jpg7080CaliLawhttps://www.calilaw.com/wp-content/uploads/2023/04/Cali-Law-Logo-A5-1-300x99.jpgCaliLaw2015-06-15 21:18:532015-06-15 21:18:53How to Pass Real Estate to Your Kids (and how NOT to)
My wife and I just bought an investment property in Koreatown. The main house is over 100 years old and still has much of the original, beautiful woodwork and built-ins throughout. There is also a duplex on the rear half of the lot. There’s much work to be done but there’s also good income potential […]
https://www.calilaw.com/wp-content/uploads/2014/01/Yan088.jpg25743861CaliLawhttps://www.calilaw.com/wp-content/uploads/2023/04/Cali-Law-Logo-A5-1-300x99.jpgCaliLaw2015-06-15 17:05:432015-06-15 17:05:43"Home is wherever I'm with you" -Edward Sharpe and the Magnetic Zeros
Traditionally, one of the primary reasons for establishing a living trust has been to avoid probate. But your living trust that can help you accomplish much more than that, if it’s set up correctly: Asset protection for heirs. One of the most significant benefits of a living trust can be to protect inherited assets for […]
https://www.calilaw.com/wp-content/uploads/2014/03/Legacy-Planning-91024.jpg6980CaliLawhttps://www.calilaw.com/wp-content/uploads/2023/04/Cali-Law-Logo-A5-1-300x99.jpgCaliLaw2015-06-01 19:53:102015-06-01 19:53:10Is Your Living Trust Really Going to Work For the People You Love?
The tiny speck of space dust we call home (the earth) treks around its nearest star (the sun) annually. To cover this nearly 600 million mile journey each year, our little blue marble hurtles through space, taking us along for the ride at approximately 67,000 miles per hour. For reference – at that blistering pace […]
https://www.calilaw.com/wp-content/uploads/2014/01/Yan088.jpg25743861CaliLawhttps://www.calilaw.com/wp-content/uploads/2023/04/Cali-Law-Logo-A5-1-300x99.jpgCaliLaw2015-06-01 17:08:172015-06-01 17:08:17Circumnavigating the sun
A survey recently released by Merrill Lynch’s Private Banking and Investment Group — How Much Should I Give to My Family? — shows that the #1 concern of wealthy parents is that the inheritances they plan to leave their children will do more harm than good. Of the 206 high net worth parents surveyed, 91% […]
https://www.calilaw.com/wp-content/uploads/2013/11/bigstock-Parents-Holding-Hands-With-Kid-21739670.jpg600900CaliLawhttps://www.calilaw.com/wp-content/uploads/2023/04/Cali-Law-Logo-A5-1-300x99.jpgCaliLaw2015-05-27 19:58:072015-05-27 19:58:07Parents Fear Inheritance Will Do More Harm Than Good
The 47-year-old SurveyMonkey CEO Dave Goldberg, husband of Facebook COO Sheryl Sandberg and the father of two small children, died suddenly – and far too young – on May 1, 2015. Money, youth and success are no deterrents to tragedy. Reportedly, Goldberg died while doing an activity we all hope extends life — exercising. According […]
https://www.calilaw.com/wp-content/uploads/2015/05/Golberg-e1431979454640.jpg7080CaliLawhttps://www.calilaw.com/wp-content/uploads/2023/04/Cali-Law-Logo-A5-1-300x99.jpgCaliLaw2015-05-18 20:05:572015-05-18 20:05:57What to Do When a Spouse Suddenly Dies
How to Pass Real Estate to Your Kids (and how NOT to)
Estate Planning Blog, Real EstateMany parents believe that by adding children’s names to a property deed, they can easily pass along that property to their children. Unfortunately, those who act on that belief often find they have invited more problems than they have avoided. This is because in California, when more than one person owns property together and they […]
“Home is wherever I’m with you” -Edward Sharpe and the Magnetic Zeros
Marc's Personal BlogMy wife and I just bought an investment property in Koreatown. The main house is over 100 years old and still has much of the original, beautiful woodwork and built-ins throughout. There is also a duplex on the rear half of the lot. There’s much work to be done but there’s also good income potential […]
Is Your Living Trust Really Going to Work For the People You Love?
Estate Planning, Estate Planning Blog, Inheritance, Legacy Planning, TrustsTraditionally, one of the primary reasons for establishing a living trust has been to avoid probate. But your living trust that can help you accomplish much more than that, if it’s set up correctly: Asset protection for heirs. One of the most significant benefits of a living trust can be to protect inherited assets for […]
Circumnavigating the sun
Marc's Personal BlogThe tiny speck of space dust we call home (the earth) treks around its nearest star (the sun) annually. To cover this nearly 600 million mile journey each year, our little blue marble hurtles through space, taking us along for the ride at approximately 67,000 miles per hour. For reference – at that blistering pace […]
Parents Fear Inheritance Will Do More Harm Than Good
Estate Planning Blog, InheritanceA survey recently released by Merrill Lynch’s Private Banking and Investment Group — How Much Should I Give to My Family? — shows that the #1 concern of wealthy parents is that the inheritances they plan to leave their children will do more harm than good. Of the 206 high net worth parents surveyed, 91% […]
What to Do When a Spouse Suddenly Dies
Estate Planning, Estate Planning BlogThe 47-year-old SurveyMonkey CEO Dave Goldberg, husband of Facebook COO Sheryl Sandberg and the father of two small children, died suddenly – and far too young – on May 1, 2015. Money, youth and success are no deterrents to tragedy. Reportedly, Goldberg died while doing an activity we all hope extends life — exercising. According […]