by Kathryn A. Flanigan | Jun 7, 2017 | Estate Planning
It is not uncommon for California residents to get married more than once. However, a second or subsequent marriage could lead to estate planning issues that may be overlooked. For example, property that a person brings into a marriage is generally considered to be...
by Kathryn A. Flanigan | Jun 2, 2017 | Estate Planning
When estate plans include a family business, owners face a unique set of challenges in establishing continuity and protecting the company during transition. Owners of California-based family businesses will want to carefully think ahead to avoid family disputes over...
by Kathryn A. Flanigan | May 22, 2017 | Estate Planning
A person in California who is preparing an estate plan might also want to consider writing something known as a letter of final wishes. This is a document that addresses all the aspects of an estate plan that wills, powers of attorney, health care proxies and other...
by Kathryn A. Flanigan | May 17, 2017 | Estate Planning
If the federal estate tax is repealed, it may have implications for the estate plans of California residents . At the very least, it may be a reason to review any existing estate plan documents that an individual may have. To account for estate taxes, some have chosen...
by Kathryn A. Flanigan | Apr 18, 2017 | Estate Planning
According to a 2016 survey, almost two-thirds of Americans do not have a will. Such a document, which designates how a person’s assets should be distributed, is an important part of an estate plan, but many California residents may not have created one because...
by Kathryn A. Flanigan | Apr 11, 2017 | Estate Planning
While succession planning is partially about leaving an estate behind, it also involves appointing people who can make decisions when one is incapacitated. California residents who have not started preparing may want to begin considering estate planning tools such as...
