Amending Your Trust After Marriage—the Omitted Spouse Doctrine
By William C. Mason, III, Of Counsel

Marriage changes a lot of things—but should it change your existing trust? To answer that question, let’s look at a hypothetical: John has two children: Dick and Jane. John purchases a home on Evergreen Lane and transfers that home into the John Doe Revocable Trust. Wanting to leave his children a tangible asset that can [...]

By |2024-02-21T23:10:46+00:00October 5th, 2023|Inheritance, Property, Successor, Trust|Comments Off on Amending Your Trust After Marriage—the Omitted Spouse Doctrine
By William C. Mason, III, Of Counsel

Estate Planning 101: Trust & will terms that everyone needs to know

Quick, what’s the difference between a will and a trust? Might you be a testator? And what do you know about a conservatorship, besides the fact that Britney Spears has been embroiled in drama surrounding one? While these terms are familiar, many people are often pressed to define exactly what these important estate planning documents [...]

By |2024-01-28T01:09:55+00:00May 19th, 2023|Estate Planning, Trust|Comments Off on Estate Planning 101: Trust & will terms that everyone needs to know

When Should I Amend my Trust?
By William C. Mason, III, Of Counsel

As your life changes, so too can your revocable trust. While there are numerous reasons why you may want to modify your trust, the following events are the most common that necessitate a trust amendment: The birth or adoption of a child When initially creating your trust, you may have named individuals such as siblings, [...]

By |2024-01-28T01:11:26+00:00May 8th, 2023|Assets, Trust, Uncategorized|Comments Off on When Should I Amend my Trust?
By William C. Mason, III, Of Counsel

Debunking Trust Myths and Misconceptions
By Allyson S. Heller

When it comes to estate planning, people tend to have misconceptions about living trusts, many of which stem from secondhand accounts from unreliable sources. Below, I debunk some of the most common myths about trusts. Myth #1: “Trusts are for rich people.” Reality: By far the most common misconception I hear from clients is that [...]

By |2024-01-28T01:20:41+00:00November 15th, 2022|Trust, Will, Аttorneys|Comments Off on Debunking Trust Myths and Misconceptions
By Allyson S. Heller

Trust And Will Terminology 101
By Allyson S. Heller

When people begin looking into the process of creating a living trust, they often have questions about the various legal terms that they may encounter, many of which can seem confusing and overwhelming. To help demystify the estate planning process, in this article I briefly define some of the most common trust terms and phrases. [...]

By |2024-01-28T01:23:41+00:00September 21st, 2022|Trust, Trustee, Will, Аttorneys|Comments Off on Trust And Will Terminology 101
By Allyson S. Heller

Two Years Later: COVID-19 & Estate Planning By Allyson S. Heller

Over two years after the “Stay at Home” order went into effect, with Omicron, many people still feel overwhelmed and helpless, which is why now, more than ever, it is important to ensure that you and your loved ones are adequately equipped to handle whatever challenges may arise. Although having a living trust or will, [...]

By |2024-01-28T03:09:13+00:00February 2nd, 2022|Estate Planning, Living Trust, Taxes, Trust, Will|Comments Off on Two Years Later: COVID-19 & Estate Planning By Allyson S. Heller

Taxes in Estates & Trusts – 2021 Update

Unknown to many of us, the government does not take money from a person’s estate most of the time. In fact, estates will usually pay little-to-no money to the government through taxes, unless there are debts owed to governmental agencies such as Medi-Cal. The two main types of tax to consider are estate tax and [...]

By |2024-01-28T03:53:46+00:00October 20th, 2021|Estate Law, Income Tax, Taxes, Trust|0 Comments

One Year Later: COVID-19 & Estate Planning
By Allyson S. Heller

Over a year after the “Stay at Home” order went into effect, many people still feel overwhelmed and helpless, which is why now, more than ever, it is important to ensure that you and your loved ones are adequately equipped to handle whatever challenges may arise. Although having a living trust or will, directing the [...]

By |2024-02-20T18:04:33+00:00March 18th, 2021|Estate Planning, Living Trust, Pandemic, Trust, Will|Comments Off on One Year Later: COVID-19 & Estate Planning
By Allyson S. Heller

Taxes and Trusts

It’s that time of year...tax season. When most of us think of tax season, we think of our individual and business tax returns since these are the most common tax forms. Most of us do not think of the tax obligations relating to trusts—but many of us should. Many of my clients are surviving widows [...]

By |2024-02-20T18:06:14+00:00January 19th, 2021|Taxes, Trust, Аttorneys|Comments Off on Taxes and Trusts

Trusts and Taxes

It’s that time of year...tax season. When most of us think of tax season, we think of our individual and business tax returns since these are the most common tax forms. Most of us do not think of the tax obligations relating to trusts—but many of us should. Many of my clients are surviving widows [...]

By |2024-02-20T22:10:28+00:00March 2nd, 2020|Estate Planning, Taxes, Trust|Comments Off on Trusts and Taxes
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