Blog Posts in 2012
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Posted on May 18, 2012 By Los Angeles Estate Planning Attorney
This year when Prince William of England celebrates his 30th birthday, he will have a little extra cash on hand to do it in a big way. On June 21, 2012, Princes William and Harry will receive the ...
Continue reading "England's Princes To Inherit Remainder of Diana's Estate" »
Posted on May 15, 2012 By Los Angeles Estate Planning Attorney
A survey conducted by RocketLawyer.com in April of this year has found that 50% of Americans with children to do not have a will. And even more shocking that 41% of baby boomers aged 55-64 also do not ...
Continue reading "Survey Says: There's A 50% Chance You Don't Have A Will" »
Posted on May 14, 2012 By Los Angeles Estate Planning Attorney
It stands to reason that two people you should trust most are your lawyer and your conservator. And if they are both one and the same, that person had better have your needs as top priority. However, ...
Continue reading "Another Victim By Conservator" »
Posted on May 9, 2012 By Los Angeles Estate Planning Attorney
A choice of law clause, also known as proper law clause, is basically a contract term in which the parties specify that if disputes arise under the contract then they will be handled in accordance ...
Continue reading "Choice of Law Clause" »
Posted on May 8, 2012 By Los Angeles Estate Planning Attorney
In a recent New York case, Richard Paul, the bookkeeper for the Brooklyn public administrator's office, has been charged with allegedly funneling more than $2.6 million into personal accounts from ...
Continue reading "Government Worker's Indicted Over Intestate Decendents' Estates" »
Posted on May 7, 2012 By Los Angeles Estate Planning Attorney
Recent reports regarding Courtney Love's involvement with the estate of late Kurt Cobain indicate that she has agreed to step down as an acting manager for the company responsible for Cobain's ...
Continue reading "Courtney Love Relinquishes More Control Over Cobain Image" »
Posted on May 3, 2012 By Los Angeles Estate Planning Attorney
When America's Oldest Teenager, Dick Clark, died last month at the age of 82, he left behind a fortune estimated to worth hundreds of millions of dollars. Dick Clark was described as a workaholic ...
Continue reading "Dick Clark's Huge Estate" »
Posted on May 2, 2012 By Los Angeles Estate Planning Attorney
Estate taxes are set to go through many changes within the next few years and that is not such good news for some. Families that are moderately wealthy, with about $4 to $15 million, are probably ...
Continue reading "Take Advantage of This Year's Favorable Estate Tax Laws" »
Posted on May 1, 2012 By Los Angeles Estate Planning Attorney
In this age of social media many people have many personal social sites on the internet whether it be Twitter, Facebook, Myspace (is that still used?), GooglePlus, YouTube, Blogger and the list just ...
Continue reading "Dealing With Social Media After Death" »
Posted on Apr 30, 2012 By Los Angeles Estate Planning Attorney
It is being reported that Britney Spear's fiance, Jason Trawick, will be appointed to serve as co-conservator alongside her father Jamie Spears. The application for co-conservatoship was approved ...
Continue reading "Britney Spears' Fiance Appointed As Co-Conservator" »
Posted on Apr 29, 2012 By Los Angeles Estate Planning Attorney
I don't have to tell you that when you have an elderly person with possible dementia combined with a lot of cash; the situation is a perfect storm for elderly financial abuse. Earlier this month ...
Continue reading "LA Heiress' Trustee Under Investigation" »
Posted on Apr 28, 2012 By Los Angeles Estate Planning Attorney
Although the Health Insurance Portability and Accountability Act, aka HIPAA, is meant to protect your medical privacy, sometimes the rule may cause unwanted situations in regards to the release of ...
Continue reading "Have You Factored In HIPAA Rules Into Your Estate Plans?" »
Posted on Apr 27, 2012 By Los Angeles Estate Planning Attorney
Deciding to place a loved one under a conservatorship is never an easy decision to make, but usually it is done in their best interest after careful consideration. However, and unfortunately, ...
Continue reading "New Conservatorship Senate Bill Passed" »
Posted on Apr 26, 2012 By Los Angeles Estate Planning Attorney
Anna Nicole Smith was obviously no stranger to controversy when she was alive and the same holds true in her death. On April 16, 2012, the IRS filed a creditor's claim in the Superior Court of ...
Continue reading "IRS Files Claim Against Estate of Anna Nicole Smith" »
Posted on Apr 25, 2012 By Los Angeles Estate Planning Attorney
As more and more people opt for keeping their finances and other affairs strictly online in this digital age the possibility of fraud and other electronically related thefts will likely grow. ...
Continue reading "Protect Passwords from Probate" »
Posted on Apr 24, 2012 By Los Angeles Estate Planning Attorney
While researching ways in which you could use estate planning to minimize your estate and gift taxes, you might have stumble across what are known as estate freeze trusts . These types of trusts can ...
Continue reading "Estate Freeze Trust To Avoid Capital Gains Tax" »
Posted on Apr 23, 2012 By Los Angeles Estate Planning Attorney
Penn State has come to an agreement with the estate of famed coach Joe Paterno who died at the age of 85 in January. Mr. Paterno was still owed monies from his employment contract at the time of his ...
Continue reading "Penn State Pays Paterno Estate" »
Posted on Apr 20, 2012 By Los Angeles Estate Planning Attorney
When transferring personal items of a decedent's estate it is not always very clear exactly who is entitled to receive these items, or tangible personal property. There are a couple of ways in ...
Continue reading "Distributing Personal Property The Right Way" »
Posted on Apr 19, 2012 By Los Angeles Estate Planning Attorney
Most people dream of becoming instant millionaires, but 3 lucky people have become MEGA-millionaires after winning last month's Mega Millions jackpot worth $656 million! Let's pretend for a ...
Continue reading "Claim Your Mega Millions With A Mega Trust" »
Posted on Apr 18, 2012 By Los Angeles Estate Planning Attorney
I'm happy to report that there is some good news coming out of Colorado in regards to legislation dealing with elder abuse. On March 27th, 2012, the Colorado Senate approved Senate Bill 78. This ...
Continue reading "Elder Abuse Bill Passed by Colorado Senate" »
Posted on Apr 17, 2012 By Los Angeles Estate Planning Attorney
Many people often turn to professional institutions, such as banks, to handle the fiduciary and trust administrations of their family trusts because they believe they have the professional financial ...
Continue reading "Be A Responsible Beneficiary and Co-Trustee" »
Posted on Apr 16, 2012 By Los Angeles Estate Planning Attorney
I've seen a lot of odd decedent requests written into their wills, but the following will provision is one of the strangest I've recently read about. Georgia Dvorak of the Chicago area was a ...
Continue reading "The Case of Boots The Cat" »
Posted on Apr 13, 2012 By Los Angeles Estate Planning Attorney
For obvious reasons, nobody wants to see an inheritance go to someone that may have committed an act of financial abuse upon an elderly decedent. But in life, what we want to see is usually vastly ...
Continue reading "Can Abusers Still Inherit From The Abused?" »
Posted on Apr 12, 2012 By Los Angeles Estate Planning Attorney
In California, revoking a will is pretty straightforward and can be done in one of two ways provided by the California Probate Code Section 6120. Firstly, you can revoke a will by simply creating a ...
Continue reading "How To Revoke A Will in California" »
Posted on Apr 11, 2012 By Los Angeles Estate Planning Attorney
Sua sponte is another one of those fun Latin phrases that courts like to use. So, what does it mean? Basically, it can be interpreted as meaning, 'of ones/its own accord'. And it describes an ...
Continue reading "What is an Order Made Sua Sponte?" »
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