The death of the artist Prince was a shock to many of us. What surprised me as a trust, estate and tax attorney is his complete abdication of planning his estate, especially when you consider the energy and effort he expended to protect his music and the rights to it....
What is a Disclaimer Trust and Should We Consider it to Replace Our Existing Trust?
What is a disclaimer trust and should you consider replacing older trusts with a disclaimer trust? There has been a lot of conversation (and misinformation) on this topic, and it is important for our clients to understand the advantages and disadvantages of each option available to them as they plan...
Creating a Family Trust in San Diego
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in Estates on Tuesday, December 1, 2015. What is a family trust, and why is it important for most California families to consider? Generally speaking, a family trust, also known as a revocable living trust, allows the creators to place...
Estate Planning Will Help Weather the Storm of Tax Increases
On behalf of Janathan L. Allen, APC posted in Management Advisory Services on Wednesday, December 19, 2012. There has been much concern lately over a possible estate tax rate increase for higher-income people, leaving many of those with inherited wealth wondering how much more they will be paying in the...