Resources

When Is Your Trust Taxable in California?

Generally, a trust is taxable in California if a fiduciary or beneficiary (other than a contingent beneficiary) is a resident of California under California Revenue and Taxation Code 17742.  This is true even if the original settlor was not a resident of California....

What is Probate and What Does It Entail?

Probate is the process of transferring assets from a decedent to an heir.  For those who die in California with assets over $150,000 and without a trust, or perhaps with an improperly funded trust, the only way to transfer title from a decedent to a beneficiary is...

California Irrevocable Trusts

Irrevocable trusts can help to provide long-term asset management.  Although irrevocable trusts are not suitable for everyone, they can be an important estate planning tool for some. While irrevocable trusts are by title inflexible, some states, including California,...

Realistic Expectations of the Time Frame of the Court

Per California law, the time-period between filing for a divorce and finalizing it can be no less than six months and one day. Divorcing couples are often surprised to learn that due to a full and complex court system, divorces can take several months or...

Preparing for Life After Divorce

Divorce is one of the most stressful events in a person’s life.  Whether you wanted the marriage to end or not, you are most likely going to experience an entire gamut of emotions. The thought of ending ties with someone you thought you were going to spend your life...