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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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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What Could Happen if I Don’t Have an Estate Plan?If you don’t have an estate plan in place and you live in California, you could trigger a conservatorship if incapacitated or a probate action if you died.
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What Taxes Will My Family Have to Pay When I Die?The answer to this question largely depends upon the size of your estate when you pass, who you leave your assets to and the type of assets you leave behind.
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Top 10 Reasons You May Need to Update Your Estate Plan NowOne of the most frequent questions we get asked is “how often do I need to update my estate plan”? Typically, we advise updating every 3 to 5 years.
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What is the Difference Between a Will and a Trust?Wills and Trusts are similar in that both are legal vehicles for passing assets at death and can each be amended throughout the will or trust maker’s lifetime.
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Shall vs. May as Used in Interpreting Trust LanguageIn trusts, there is a different meaning for the words "shall" and "may" and it can make all the difference when interpreting a trust.