At first glance, Prop 19 looks to have expanded the benefits to property owners under Prop 13, but these benefits came bundled with a partial erosion of other benefits put in place by Prop 13 by creating another instance wherein county assessors may reassess a property and increase property taxes. This has large implications in the world of estate planning, whether a trust is in place or not.
Read MoreA geographic information system (GIS) lets us visualize, question, analyze, and interpret data to understand relationships, patterns, and trends.
Read MoreOne of the most common reasons our clients call is to ask us what their bank is telling them to do in plain English, especially when it comes to putting their accounts in trust. A common occurrence is when a banker tells our clients they can no longer use their social security numbers on their bank accounts if they put the account under the name of their trust. Is this true?
Read MoreExternal forces are often times so numerous that we can have difficulty identifying them all. A PESTEL Analysis can help identify these forces. However, what is a PESTEL Analysis?
Read MoreWhile enshrined in the Second Amendment of our Constitution, with the many tragic events occurring very recently, it is no wonder that gun regulations are beginning to make their way into every facet that they can. One of those ways that many may not have thought of in the past is the subject of gun inheritances.
Read MoreWhile the purpose of a Will is to transfer property to whomever you designate (beneficiaries), there are things that can be “transferred by a binding probate avoidance device & therefore cannot be transferred by a Will. This means that once you change the form of ownership on the following pieces of property, your Will will have no effect on it.
Read MoreYour first priority should always be to take time to mourn and be with family and friends. Once you have taken some personal time, there are at least 5 items to address when a spouse passes away with a trust from notifying social security to having an appraisal done for any property held in trust.
Read MoreWhile many people have heard of probate, often in conjunction with planning their estates, they usually are unsure as to what it is aside from it involving lawyers and a court. Probate is a court process used to transfer assets from a deceased individual to their heirs. Read here to learn about the disadvantages of Probate.
Read MoreWhite papers have become a staple in the business world. They have an influence on most marketing materials you come across when shopping around the business world. But what exactly is a white paper?
Read MoreIts near impossible to function modernly without a credit card. However, after a family member dies, its up to their loved ones to pick up the pieces, including dealing with their credit card debt. A person's estate is liable for the credit card debt remaining after death and debt collectors will try to collect.
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