Category: estate planning

How to Figure Out Your Charitable Gift Annuity Tax Deduction

How to Figure Out Your Charitable Gift Annuity Tax Deduction

Charitable giving has long been a popular way to lower personal taxes. Beyond individual donations to charities, charitable gifts can be integrated into your regular financial planning by way of a charitable gift annuity. Charitable gift annuities provide favorable...
The Right Trustee For You

The Right Trustee For You

If you already have a trust or are simply thinking about establishing one, it is important to consider who you name as trustee because the trustee is responsible for carrying out your trust’s purpose. Along with this responsibility comes a heightened level of...
Who Does the Estate Tax Apply To?

Who Does the Estate Tax Apply To?

Seemingly every presidential election cycle, we hear a lot of talk regarding the “estate tax” or, as its detractors refer to it, the “death tax.” One Forbes commentator called it “one tax that comes about as close as possible to being theft.” Conservative politicians...
Do I Have to Pay the Gift Tax on Christmas Gifts?

Do I Have to Pay the Gift Tax on Christmas Gifts?

One of the more misunderstood concepts in the American taxation system is that of the gift tax. Most people have heard of the term “gift tax” without a clear sense of what it is, who pays it, and when. As the holiday gift giving season heats up, you might wonder if...
What are a California Trustee’s Duties in Investing Trust Assets?

What are a California Trustee’s Duties in Investing Trust Assets?

One of the key aspects of setting up a California trust for the sake of your beneficiaries is to select a trustee. The trustee will be in charge of managing the property that the “settlor” (in other words, the creator of the trust) places in the trust for the benefit...
Revocable and Irrevocable Trusts

Revocable and Irrevocable Trusts

Estate planning is about more than just money. One of our guiding principles is to help our clients pass on their values through estate planning solutions. An estate plan not only distributes funds to loved ones, but, if done properly, can give your loved ones...