A common estate planning mistake made by many people – including celebrities and the wealthy – is not ensuring the trust you have created actually holds all your assets. This process of transferring your personal assets into your trust is called “funding.” Unfortunately, most lawyers do not make sure this is properly handled for their […]
https://www.calilaw.com/wp-content/uploads/2015/04/probate-court-e1430160868325.jpg7180CaliLawhttps://www.calilaw.com/wp-content/uploads/2023/04/Cali-Law-Logo-A5-1-300x99.jpgCaliLaw2015-04-27 19:00:152015-04-27 19:00:15How to Avoid Probate by Properly Funding Your Trust
Once you have decided whom you want to receive your assets — either from a will, trust, life insurance policy, retirement account, or bank account — understanding how they will inherit becomes important. Here are five things you need to consider before naming beneficiaries: Beneficiaries of a will have to wait. Any assets you bequeath […]
https://www.calilaw.com/wp-content/uploads/2014/03/Family-Values-91024.jpg6880CaliLawhttps://www.calilaw.com/wp-content/uploads/2023/04/Cali-Law-Logo-A5-1-300x99.jpgCaliLaw2015-04-20 20:51:152015-04-20 20:51:155 Things to Consider BEFORE Naming Beneficiaries
Over the weekend I went to a really unique, cool birthday party. A dear friend of my wife and mine turned – never mind, I know better than to say how old! Anyway, our friend started her party by offering everyone on the guest list a walking tour of Koreatown. You can read about it […]
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.jpgCaliLaw2015-04-20 19:52:032015-04-20 19:52:03And now for something completely different...
I grew up watching the Kansas City Royals. They were – and are – “my” team. So when they travelled to Anaheim to take on the Angels over the weekend I couldn’t help but take my parents, wife, and kids out to the ballpark Sunday afternoon to soak it all in. My parents loved it. […]
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.jpgCaliLaw2015-04-13 20:55:452015-04-13 20:55:45Buy me some peanuts and Cracker Jacks
April 15 is upon us! It is not only the deadline for filing your state and federal income tax returns, but also the deadline for filing gift tax returns via IRS Form 709. Many people are confused about the subject of gift taxes. While only two states — Connecticut and Minnesota — have a state […]
https://www.calilaw.com/wp-content/uploads/2014/02/Income-Taxes.jpg7080CaliLawhttps://www.calilaw.com/wp-content/uploads/2023/04/Cali-Law-Logo-A5-1-300x99.jpgCaliLaw2015-04-13 19:18:232015-04-13 19:18:23Debunking 4 Common Myths About Gift Taxes
Whether you and your family observe Easter, Passover, Ostara, or another celebration this time of year, we all share a common bond. No matter the particular culture, customs or traditions, spring is (and always has been) recognized and celebrated as a time of rebirth, renewal, hope and deliverance. And that’s exactly what it is. Personally, […]
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.jpgCaliLaw2015-04-06 20:33:392015-04-06 20:33:39Harness the power of spring
How to Avoid Probate by Properly Funding Your Trust
Asset Protection, Estate Planning Blog, Probate, TrustsA common estate planning mistake made by many people – including celebrities and the wealthy – is not ensuring the trust you have created actually holds all your assets. This process of transferring your personal assets into your trust is called “funding.” Unfortunately, most lawyers do not make sure this is properly handled for their […]
5 Things to Consider BEFORE Naming Beneficiaries
Beneficiaries, Estate Planning BlogOnce you have decided whom you want to receive your assets — either from a will, trust, life insurance policy, retirement account, or bank account — understanding how they will inherit becomes important. Here are five things you need to consider before naming beneficiaries: Beneficiaries of a will have to wait. Any assets you bequeath […]
And now for something completely different…
Marc's Personal BlogOver the weekend I went to a really unique, cool birthday party. A dear friend of my wife and mine turned – never mind, I know better than to say how old! Anyway, our friend started her party by offering everyone on the guest list a walking tour of Koreatown. You can read about it […]
Buy me some peanuts and Cracker Jacks
Marc's Personal BlogI grew up watching the Kansas City Royals. They were – and are – “my” team. So when they travelled to Anaheim to take on the Angels over the weekend I couldn’t help but take my parents, wife, and kids out to the ballpark Sunday afternoon to soak it all in. My parents loved it. […]
Debunking 4 Common Myths About Gift Taxes
Estate Planning Blog, Gifting, TaxesApril 15 is upon us! It is not only the deadline for filing your state and federal income tax returns, but also the deadline for filing gift tax returns via IRS Form 709. Many people are confused about the subject of gift taxes. While only two states — Connecticut and Minnesota — have a state […]
Harness the power of spring
Marc's Personal BlogWhether you and your family observe Easter, Passover, Ostara, or another celebration this time of year, we all share a common bond. No matter the particular culture, customs or traditions, spring is (and always has been) recognized and celebrated as a time of rebirth, renewal, hope and deliverance. And that’s exactly what it is. Personally, […]