Posted on July 30, 2014 by Robert Denham, Esq
The tragic death of actor Philip Seymour Hoffman has given us an opportunity to consider his estate planning, with lessons and strategies for the rest of us. Continue reading
Filed under: Elder Law, Estate Planning, Legal Topics, Tax Law | Tagged: celebrity wills, death tax, Estate Planning, estate tax, generation skipping tax, living trust, Philip Seymour Hoffman, trust fund | 1 Comment »
Posted on July 21, 2014 by cebca
The following is a guest blog post by April E. Frisby of Frisby Law. April is a lawyer in Orange County who practices business and securities transactional law, as well as estate planning. April is also an adjunct law professor at Whittier Law School.
It can be hard to get folks to think about estate planning—especially the younger ones in the beginning stages of their careers. They believe that there will be many changes in their life before end-of-life planning becomes necessary or they think they don’t have enough money to worry about it. Or, perhaps most risky, they think they can just pick up a form at a stationary store or print it from a website and they’ll be all set. Hopefully the following points will help you convince folks that they need your expertise to get an estate plan in place now! Continue reading
Filed under: Estate Planning, Legal Topics | Tagged: estate plan, living trusts, nomination of guardian, power of attorney, will and trusts | 1 Comment »
Posted on July 16, 2014 by Robert Denham, Esq
The law says that retirement funds are exempt property in bankruptcy, but the Supreme Court has held that this exemption doesn’t apply to inherited IRAs. End of story? Not quite. Continue reading
Filed under: Bankruptcy Law, Business Law, Elder Law, Estate Planning | Tagged: bankruptcy, banruptcy exemptions, creditors, Estate Planning, heirs, Individual Retirement Account, inherited IRA, retirement accounts | Leave a comment »
Posted on June 9, 2014 by Julie Brook, Esq.
Posted on February 12, 2014 by Robert Denham, Esq
What do Bela Lugosi, Fred Astaire, and now Bing Crosby have in common? Astaire and Crosby appeared together in the film Holiday Inn, but all three have shaped the law on a deceased personality’s right of publicity. Continue reading
Filed under: Business Law, Estate Planning, Legal Topics | Tagged: Bela Lugosi, Bing Crosby, Fred Astaire, posthumous right of publicity, right of publicity | 1 Comment »
Posted on February 5, 2014 by Julie Brook, Esq.
Every estate plan should consider potential incapacity. In California, one of the primary vehicles used to plan for an individual’s incapacity is a durable power of attorney for financial management (DPOA) (the other is an advance health care directive for health care decisions, see Being Prepared Is Ageless: Everyone Should Have an Advanced Health Care Directive). Let’s look at the pros and cons of using a DPOA.
Filed under: Elder Law, Estate Planning, Legal Topics | Tagged: capacity, DPOA, Durable Power of Attorney, estate plan, incapacity, legal capacity | 5 Comments »
Posted on January 15, 2014 by Robert Denham, Esq
Good news, bad news. The Tax Court has approved a gift tax avoidance scheme, but there’s a catch. Continue reading
Filed under: Estate Planning, Legal Topics, Tax Law | Tagged: Estate Planning, gift tax, gift tax exemption, tax consequences, tax planning | 1 Comment »