California Estate Tax 101

California estate taxes
What is Estate Tax? When a loved one dies and his property transfers to you, the federal government requires that as the receiver, you pay an estate tax on its gross value. This property typically includes real estate, stocks, cash, life insurance and other assets including property in joint tenancy. The tax payout happens before the remaining assets and property...

When Should You Create a Will?

One of the most important legally binding documents you’ll need in your lifetime is a will. A will is a formal legal document that states your wishes and explains how to administer your property when you die so there is no fighting between family members. It will also likely include your wishes for your final arrangements so when the time...

What is a Pre-Need Funeral Trust?

pre-need funeral trust
A pre-need funeral trust is a financial arrangement that allows you to pre-plan and pre-pay for your funeral arrangements so everything will be taken care of when the time comes.  This typically involves arranging and paying for all aspects of a funeral or memorial service and making those wishes known for your next of kin before a terminal illness, serious...