Even if Congress fails to act, in 2026, the current rate sunsets. This cuts rates in half to about $6 million per individual. This blog post discusses ILIT Trusts. So, read on.
Category Archives: Trusts
Estate Planning, Heirs, Retirement, Taxes, Trustee, Trusts
Estate Planning for Disabled or Chronically Ill Beneficiaries
28
May
May
he SECURE Act drastically decreased which individuals could stretch distributions over their life expectancy.
21
May
May
Medicare Part A over covers the first 20 days of nursing home care.
Assets, California Law, Estate Planning, Heirs, Inheritance, Trusts, Uncategorized
Disinherit Your Children?
30
Apr
Apr
Regardless of why a parent would disinherit a child, they should not disinherit as a tool to manipulate. Disinherited children may feel angry. This could lead to turmoil within the family.
Assets, Estate Attorney, Estate Planning, Heirs, Probate, Trusts
More Estate Planning for Unmarried Partners
16
Apr
Apr
Naming your partner as the pay-on-death (POD) or transfer-on-death (TOD) beneficiary often leads to pitfalls. Some of these occur when you name them on beneficiary designation forms. The POD or TOD option allows you to maintain control of the account during your lifetime.
10
Apr
Apr
Making your partner a joint owner iseasy. Simply give them immediate access to and control over an account or property. Keep the account or property owned jointly, with the right of survivorship.
California Law, Estate Attorney, Estate Planning, Heirs, Inheritance, Trusts
Inheritance: Don’t Give it to Creditors
26
Mar
Mar
An SRT is a special type of trust. It designates the intended beneficiary of your retirement accounts after you die.
19
Mar
Mar
No matter the month, wedding planning usually includes tuxedos, dresses, rehearsal dinners, guest lists, and the honeymoon. However, too many couples fail to consider an important element that should make every “to do” list – a couples estate plan.
12
Mar
Mar
An important first step for creating an estate plan? Take an inventory of your money and property. Regardless of your wealth or financial struggles, everything you own is part of your estate and should be listed–or at least accounted for– in your inventory.
05
Mar
Mar
Many parents express concern their in-laws becoming outlaws. Their children may divorce. In this case, a divorcing spouse could seize their children’s inherited money and property .