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Blog Posts in February, 2016

Irrevocable Trusts: Not as Irrevocable as You Might Think

Very often, careful estate planning includes Irrevocable Trusts for tax advantages. Such trusts can hold many types of assets such as businesses, investments, life-insurance policies, and even cash. ...
Continue reading "Irrevocable Trusts: Not as Irrevocable as You Might Think" »

The Pros and Cons of Filing Chapter 13 Bankruptcy

Filing bankruptcy isn't something anyone wants to do, but if you find yourself needing to, it is best if you know what different types there are and the pros and cons to them. What is chapter 13 ...
Continue reading "The Pros and Cons of Filing Chapter 13 Bankruptcy" »

Avoid Probate by Using a Transfer On Death Deed

Effective January 1, 2016, homeowners in California now have another way to avoid probate court for their real estate : the Revocable Transfer on Death Deed (TODD). A TODD identifies one or more ...
Continue reading "Avoid Probate by Using a Transfer On Death Deed" »

Will Contests Can be Costly: Is Fighting the Will Worth It?

You may have heard horror stories before. An elderly parent passes away, leaving tens of thousands of dollars to one child and completely ignoring the other in the will. These sort of cases blindside ...
Continue reading "Will Contests Can be Costly: Is Fighting the Will Worth It?" »

What Debts Are Dischargeable In A Personal, "Chapter 7" Bankruptcy?

What Debts Are Dischargeable In A Personal, "Chapter 7" Bankruptcy? One great New Year's tradition is the making of "New Year's Resolutions." According to Forbes, one of ...
Continue reading "What Debts Are Dischargeable In A Personal, "Chapter 7" Bankruptcy?" »
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