Creating an estate plan is a wise step in California. People who do so are preparing for the future not just for themselves, but for loved ones as well. However, simply creating an estate plan does not automatically mean it is devoid of mistakes. On the contrary,...
Month: October 2021
Wrap-up: Prop 19 scales back common property tax break
The deadline for completed real estate transfers that would not be subject to the new exclusion rules lapsed several months ago. It appears that initiatives to delay the enactment of many provisions within Proposition 19 until February 2023 have not gained significant...
A blended family and estate planning
Blended families, those marriages that include kids from prior marriages, are ever increasing as the divorce rates in the U.S. remain extremely high (about 50%). Indeed, as divorce rates continue to be high, and with the divorce tsunami ever increasing from last year...