Funding is the word attorneys, trust companies and financial professionals use to describe the titling, vesting, ownership and beneficiary designation of property, generally in relationship with estate planning. Funding is critical to any estate plan’s success because the proper ownership or beneficiary designation of an asset directs not only to whom an asset will go […]
June 19, 2013 What is the benefit of a Buy/Sell Agreement and are they worth the expense? The benefits are many as a properly drawn Buy/Sell Agreement can: Set an agreed value for a business for purposes of inter-owner transfers; Prevent strangers from becoming part of the business; Provide continuity when an owner leaves; Structure […]
February 3, 2012 Californians have found some estate relief. The State has increased its small estate limits to $150,000 on total property, with real estate being limited to $50,000. Prior to January 1, 2012, if a person died with assets valued in excess of $100,000 or real estate in excess of $20,000, held in their […]
June 14, 2010 There is no argument that the markets, whether real estate, stocks, bonds, futures, commodities or grocery, have been rough over the last year or more. However, the very volatility in those markets may open up some planning opportunities that you may not be aware of. Currently, everyone has the ability to gift […]
With the uncertainty of the economy and taxes, many clients are focusing more on how to preserve their estate and its management after they have passed.
