by James F. Roberts | Jul 7, 2017 | Create a Trust, Planning
A spousal property set aside is a simplified procedure to clear title to a property passing from a decedent to a surviving spouse. It is applicable to community property and separate property of the decedent and is used in cases where the surviving spouse desires to clear marketable title to the property and to determine the value of the property so as to establish the surviving spouse’s liability to creditors. Such a petition can only be filed by the surviving spouse (or registered domestic partner) and it is not available for property that is willed to someone other than the spouse.
by James F. Roberts | Jul 7, 2017 | Create a Trust, Planning
Ademption is a legal term that means that there is no gift or property left to give. Continue reading to find out more information.
by James F. Roberts | Jul 7, 2017 | Create a Trust, Tax planning
When an individual passes away, their estate may have to pay estate taxes if the gross estate exceeds the applicable exemption amount in effect in the year of the decedent’s death. This year, that exemption amount is $5.25 million.
by James F. Roberts | Jul 7, 2017 | Create a Trust, Planning
Having season tickets to events is awesome, but how do you pass on season tickets when you die? Read more here about how to do this.
by James F. Roberts | Jul 7, 2017 | Business Ownership, Create a Trust
What happens if you do not incorporate your LLC interests into your estate plan and why you should consider the best option for you.
by James F. Roberts | Jul 7, 2017 | Create a Trust, Minor Children
Read here to find out helpful facts about being appointed the guardian of a minor child in a Will. If you have questions call today.
