Estate Planning After the Tax Cuts and Jobs Act
The new tax laws increased the estate, gift, and generation-skipping transfer (GST) exemptions to $11.2 million in 2018. The annual gift exclusion has been increased to $15,000 in 2018. It is still very important to plan even with the new tax laws. The tax laws...
Make Time During the Holidays to Discuss Estate Planning with Your Family
While the typical holiday get-together includes great food, a gathering of those we love the most, and festivity, it’s also a perfect time to discuss Estate Planning. Chances are, the members of your family are all present, which provides an opportune moment for...[Video] Estate Planning for the Blended Family
https://youtu.be/Vi_IUce_YUU It is very common for clients to come to me regarding their estate plans when they have blended family issues. Blended families are not only the result of divorce. Many individuals live longer now and may want to remarry if they outlive...
The Effects of Owning a Business on Your Personal Taxes and Estate Planning
Owning a business allows many freedoms and possibilities, but it also comes with a sense of responsibility to protect your future, your family, your net worth, and your estate. If you are a business owner, it’s in your best interest to perform your due diligence when...
Is an Irrevocable Trust Really Irrevocable?
While irrevocable trusts tend to make some grantors uneasy, as they associate an irrevocable trust with words such as irreversible, final, and unalterable, the truth is, it is possible in some instances to revoke an irrevocable trust. Cases to Support an Irrevocable...[Video] Revoking a California Will or Trust
https://www.youtube.com/watch?v=d3aO7hnIDZE In California, a will can be revoked by a new will that specifically revokes the old one, or by destroying the will by physical act. A physical act can include burning, tearing, canceling, obliterating or destroying the...[Video] When Should I Update My Estate Plan?
https://youtu.be/uZUX-1YnWgs When Do You Need to Update Your Estate Plan? Any time you undergo a significant life event such as: Marriage First Marriage- In California, your spouse does not receive 100% of your estate under the laws of intestate succession; specify...
How to Properly and Carefully Assist the Elderly with Their Estate Planning
It’s not uncommon for clients to come to me with questions and concerns regarding their elderly parents. Clients want to know how to address estate plans with their elderly parents, a topic that can often be uncomfortable for both parties. In other cases, clients are...[Video] Preparing and Executing or Amending Estate Plans
https://www.youtube.com/watch?v=qAhCp1YHbhw As a tax and trust lawyer with experience in litigation, I can help my clients navigate different estate planning situations. As an Estate Planning Lawyer in Walnut Creek, I can: Prepare, execute and amend estate plans Help...
Estate Plan Tips: What Questions Should I Ask an Estate Planning Attorney?
Estate planning is essential if you want to secure your long term financial goals, health care needs, and the security of your loved ones. A well-crafted estate plan can address potential complications before they arise, taking the chance out of your financial future,...[Video] What to Expect at Your Estate Planning Meeting
At Mendes Weed, LLP, we can help you feel at ease planning for major life events. If you have recently gotten married, had children or grandchildren, or are concerned about elderly parents, now is the perfect time to connect with us and make an appointment....