Why should you be reading the Geiger Law Office blog? Because estate planning isn’t just for the super-wealthy! You want your assets to be put to good use by your heirs, and you want your values to outlive you. If you are in the process of planning your estate in California, read our latest postings to get great advice for your—and your family’s—futures.
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FDIC Rules for Trust Accounts: Planning in the Wake of the Silicon Valley Bank Collapse
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Olivia Newton-John: How Did She Plan Her Estate?Though she did much charitable giving while she was alive, it’s reported that Olivia Newton-John still had a $60 million estate upon her death.
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Is it Time to Consider Setting Up an Irrevocable Life Insurance Trust?One way to efficiently transfer wealth is to create an irrevocable life insurance trust (ILIT) that owns a life insurance policy on the grantor of the trust.
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Transfer-on-Death Deeds in California: The 6 Main Issues They Can CauseTransfer-on-Death deeds created optimism that California property owners could pass on their property with ease, but the law is fraught with legal Issues.
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7 Steps to Getting Your Estate Plan Done or UpdatedEstate planning doesn't have to be difficult. But it should follow a step-by-step process to ensure success. Here are 7 steps to getting it done the right way.
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Pricilla Presley Filed a Court Action Disputing Her Late Daughter Lisa Marie’s TrustLisa Marie Presley's 2016 trust amendment’s authenticity is the subject of a court dispute. The petition claims several reasons the amendment is not valid.
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Lisa Marie Presley's Daughters Set to Inherit GracelandLisa Marie Presley, survived by three children, will become the beneficiaries of a trust that was established to hold title to Elvis Presley's Graceland estate.
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Four Unintended Consequences of Putting Your Children on Title to Your HomeWhen you put your home in co-ownership with your children, they own the property with you. This can cause several problems. Here are four of those problems.
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Losing Control by Adding Someone to Your Bank AccountsAdding someone’s name to your account could subject the funds in the account to their creditors and could negatively affect your estate and gift tax exemption.
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How Long Does It Take to Settle a Revocable Trust After Someone Dies in California?Legally settling a revocable trust in California after a death with trust administration varies by situation, but typically takes about a year or little longer.