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Archive: May 2015




May
26
2015

Peter Falk's Daughter

Posted by Danielle Streed

Catherine Falk, daughter of the well known Peter Falk (Columbo to many of us) is fighting for a bill in the state of California that grants children and family access to elderly and incapacitated loved ones who are under the care of someone else.  In this particular case, Peter Falk was in the care [Read More...]



Categories: categoryEstate Planning



May
19
2015

Naming a Corporate Trustee

Posted by Danielle Streed

When it comes to naming a successor Trustee, clients are a little too quick to name a family member or a friend without looking at the “job” that they are giving them.  The first question you need to ask yourself is “Does the person that I am naming as successor Trustee manage their own household [Read More...]



Categories: categoryEstate Planning



May
12
2015

Empty Trusts

Posted by Danielle Streed

Many clients believe that setting up a revocable living trust is all they need to do to avoid probate. This is only partially true. To completely avoid probate the trust must also be “funded".Funded involves the transfer of assets from the client’s individual name into the name of the trust. For [Read More...]



Categories: categoryEstate Planning



May
06
2015

Generational Transfers

Posted by Danielle Streed

When it comes to generational transfers, many people think of the transfer of wealth and how they will pass their assets on to their children or grandchildren. Generational transfers can also mean the transfer of knowledge.  As children become young adults there are some simple training concepts [Read More...]



Categories: categoryEstate Planning


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