California Children Could Benefit from Tax Laws on Inherited Property

What properties are eligible for a tax-free transfer in California?

California currently boasts several tax laws that could greatly benefit children who inherit property from their parents. State laws are protecting children from tax increases on inherited homes, which is thought to be impacting the availability of housing in...

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Will My Parents’ Trust Assets Be Taken if They File for Bankruptcy?

As a general rule, every asset that you own should be included as part of your bankruptcy estate. If your parents are filing bankruptcy, this rule will apply to them as well—unless they have a specific type of trust.

Children may be particularly interested in this issue because when parents file bankruptcy, it...

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Five Things You Can Do Before Death to Make Life Easier for Your Loved Ones

Thinking about our own mortality is not a pleasant thought for many individuals. However, our deaths are inevitable. Therefore, instead of focusing on your death, you can focus on ways you can make your passing easier for your loved ones. Our California estate-planning attorneys work with clients to prepare estate plans that protect...

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