Category Archives: Taxes and estate planning

What Happens When CA Property Is Not Deeded Into a Living Trust

Revocable Living Trusts are popular in California and a way that lots of people hold title to their real estate and other assets. However, some people forget or neglect to transfer their assets into that trust. Example is that a … Continue reading

Posted in California laws, California real estate, California real estate laws, Estate planning, Taxes and estate planning, Trust & Probate Property | Tagged , , , , , , , , , , , , , , , , | Leave a comment

Does a Will Cover Everything I Own?

Does a Will Cover Everything I Own? No. Generally speaking, your will affects only those assets that are titled in your name at your death. Those assets that are not affected by your will include Life insurance. The cash proceeds … Continue reading

Posted in California real estate, California real estate laws, California taxes, Estate planning, Taxes and estate planning, Trust & Probate Property | Tagged , , , , , , , , , , , , , , | Leave a comment

U.S. Estate Tax Is On Your Right to Transfer Property at Your Death

Some people we talk with are confused about what the U.S. Estate Tax is and on what basis that would be owed and paid. According to the Internal Revenue Service the U.S. Estate Tax is a tax on your right … Continue reading

Posted in Estate planning, Taxes and estate planning | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment