by James B. Creighton | Feb 23, 2011 | Estate Planning, Probate (also known as "Estate Administration")
Issue: Earlier this week, a potential client emailed me with a question about the manner in which a successor Custodian of an UTMA Account can be appointed. She wrote the following: My father recently died. Several years ago, he established an UTMA account for my 15...
by James B. Creighton | Feb 1, 2011 | Estate Planning
Issue: Earlier this week, one of my clients emailed me with a question about the current status of the federal gift tax laws, as follows: I’d like a little advice on a gift tax issue. Until now, I have kept gifts to my various family members under the taxable...
by James B. Creighton | Dec 27, 2010 | Estate Planning, Probate (also known as "Estate Administration"), Trust Administration
Issue: I recently received the following question from a Caller: I am a beneficiary of a “Bypass Trust,” which was set up after my Father’s death and had been managed for the benefit of my Mother during her remaining lifetime. My Mother just died. I...
by James B. Creighton | Dec 14, 2010 | Estate Planning, Probate (also known as "Estate Administration"), Trust Administration
Issue: Married couples who reside in California have the opportunity to accumulate community property, separate property, quasi-community property, or some combination of the three. Sometimes a married person may wish to convert his or her separate property to the...
by James B. Creighton | Nov 3, 2010 | Estate Planning, Probate (also known as "Estate Administration"), Trust Administration
In this post, I define community property, which is a term that, I have found, is not always clearly understood by those who use it. First, community property can be either real property (farm land, raw land, land improved with buildings, a condominium, a townhouse, a...
by James B. Creighton | Oct 28, 2010 | Estate Planning, Long Term Care Planning, Probate (also known as "Estate Administration"), Trust Administration
This post is Part 3 of our 3-part series in which we answer the question: What is an “Estate Plan”? From Part 1 of this series, I gave you the general definition of an estate plan and listed the two primary types of estate plans: An Estate Plan that is...
