Helping Children Tomorrow

August 22, 2025
Parents and children often have a different perspective on saving and spending. Parents of retirement age today were born during the 1940s or 1950s and have a strong desire to save and invest in order to increase economic security...

Helping Children Today

August 15, 2025
When children are in their 30s and 40s, they frequently are starting a new career or beginning a family. Many are still paying off school debts...

Do You Have a Difficult Family?

August 8, 2025
A businessman with a $2.5 billion estate passed away in 1976. He was single and many individuals, mostly unrelated to him, filed more than 40 wills with the probate court...

How to Give Property to Children

August 1, 2025
Parents have many reasons for making gifts to children. First, a parent should have sufficient resources for retirement and long-term care needs before making substantial gifts...

Seven Questions on Gifts to Children

July 25, 2025
Many questions arise when we consider the options for giving to children. Why should we give? When, what and how should we give? Will gifts impact the self-esteem and initiative of the child?...

Caring for Minor Children

July 18, 2025
"Who would take care of our children? I am not sure anyone would be willing to accept that responsibility," remarked Shelly to her attorney, Jim. "It's not that they aren't good children. They are all fine, but there are 11 of them! If something happens to Pat and me, who...

Who Will Receive Your Property?

July 11, 2025
"Who should receive my property?" Helen asked her attorney, Clara. "There are so many decisions to make. Since Morgan passed away, I need to make these decisions myself...

Important Life Decisions

July 4, 2025
"How can I plan?" asked Mary. "We just sold our home and bought a retirement condo. Our older child just moved across the country and our younger child will be getting married later this year...

Bypass the Estate Tax

June 27, 2025
There are both temporary and permanent rules for federal estate planning. These principles are helpful in creating estate plans, but it is important to understand the potential future changes...

Gift Tax Surprise

June 20, 2025
"Every year I pay income tax. And when I pass away my estate will owe tax. But I was absolutely stunned today to hear that I might even have to pay a gift tax! Do you mean that if I give this land to my children, there is yet another...

Zero-Tax Cash and Trust

June 13, 2025
About 15 years ago, Linda's father passed away. As her inheritance, she received a commercial lot that was a mile outside of town. At the time she received the inherited property, it was worth about $100,000...

Domicile - Where You Live Affects Your Taxes

June 6, 2025
A successful business owner with a large estate passed away in 1976. He had grown up in Texas, moved to California and also lived for many years in Nevada...