Estate Planning

Testators worried about their legacies may create estate plans that address their debts and potential future tax obligations. For some people with intergenerational wealth, real estate or business holdings, estate taxes may be a concern. Although California does not...

A personal representative or an executor of an estate acts as a fiduciary. Their duties include locating the will and filing it with the court, locating and safeguarding assets, communicating with beneficiaries and interested parties, settling debts, filing tax...

When a loved one passes away and leaves behind assets, questions about taxes often follow. Fortunately for California residents, the state does not impose an inheritance tax. It means that if you are a beneficiary receiving property, money or other assets from a...

Taxes are one of several financial obligations that people need to consider during estate planning. Frequently, people focus primarily on estate taxes. Federal estate taxes can consume as much as 40% of an estate’s value, thereby substantially diminishing what...

Real property owners in the San Jose area have numerous responsibilities to consider. They need to ensure that they set aside enough money to cover insurance costs and property taxes. They need to maintain their homes in reasonably safe condition to prevent others...

Becoming a parent is one of the most rewarding and life-changing experiences you can have. Along with the joy of welcoming a new child, it is important for new parents to think about how to secure their child's future. Taking the right estate planning steps is one way...

Most of us in San Jose plan to retire someday. We set money aside in 401(k)s, stocks, mutual funds and other investments during our working years so we can live comfortably for the rest of our life. And, while life expectancy has reduced slightly in the past two years, people in the United States can expect to live into their…

When you are getting ready for a trip, you have a lot of things on your mind. Many of us create lists of items to pack or errands to take care of before we leave. One thing you may not think about before you travel is your estate plan. If you do not have an estate plan set up, creating…

Californians and people across the nation were impacted in various ways by the recent national health crisis. For many, in addition to being a financial, professional, physical, emotional and personal challenge, it highlighted the importance of being fully prepared for the future. That includes having an estate plan to ensure their property goes where they want it to go and…

Planning for the future can seem difficult to many people because no one knows what the future will bring. But, that is exactly the purpose of estate planning. You don’t know what will happen in the future, but when you have an estate plan in place you can leave a detailed set of instructions for how your affairs should be…