Estates are extremely useful and necessary tools to provide loved ones peace once you are gone. The first basic step of creating an estate is to create a trust. A trust is simply an agreement between the creator of the trust and the person managing the trust. Nowadays, these can...
Estate Taxation 2012
When considering having a trust prepared, it is wise to be aware of the tax consequences. Tax laws often change, which would mean you may need a new trust drafted each time the tax consequences are changed to effect your estate. California currently has no estate or inheritance tax. Federal...
What is a trust?
While it can sometimes seem like there are an infinite amount of different kinds of trusts, the basic concept of this sort of legal arrangement remains the same. There four basic components of any trust. The first component is the person who creates the trust. This person is called the...