Category Archives: Probate
California Property of Deceased Overseas Owner Affected by Probate Code of Foreign Country
As a melting-pot state with many ties to Asia and Latin America, it is a fairly common for property in California to be owned by a foreign company or individual. If a deceased citizen of another country owned property in … Continue reading
Posted in Estate Planning, Overseas Assets, Probate, Trusts & Estates
Tagged avoiding probate, California Probate Code, Community Property, declaration of death, Estate Planning, intestate estate, Intestate Succession Act, Living Trust, Probate Code, Probate Code France, Probate Code India, Probate Code Indiana, Probate Code Italy, Probate Code Singapore, Probate Code Taiwan, probate laws, spousal petition, surviving spouse, time of death
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The Probate Court Process; What Constitutes a Proper Will; Contested Wills
The most important message we like to communicate about probate court is that it should be avoided at all costs – under most circumstances. We recently discussed this issue on our weekly radio and web broadcast on KDOW 1220 AM, … Continue reading
Posted in California Trust Law, Estate Planning, Probate, Radio Show: Wealth Preservation and You, Trusts & Estates
Tagged Bay area, beneficiaries, California Estate Planning Attorney, California Probate Code, complex family structure, conflict of interest, Connie Yi, Contested Will, designated beneficiaries, disinterested parties, estate planner, executor of the estate, Financial accounts, fireproof lockbox, IRA, jurisdiction, KDOW, liquid assets, Mark Morris, no contest clause, own handwriting, Pleasanton, Probate, probate court, Proper Will, public notice, safety deposit box, San Francisco, San Jose, San Mateo, state of mind, testamentary intent, trustee, undue influence
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Whitney Houston Update; IRS Publishes “Fresh Start” for Struggling Taxpayers; California Residency
We are in the heart of tax season, so naturally we have recently been addressing many related issues. We wish we had time to discuss them all on our weekly radio and web broadcast on KDOW 1220 AM, and then … Continue reading
Posted in Asset Protection, California Trust Law, Estate Planning, Estate Tax, Family Law, Filing Your Tax Return, Income Tax, Probate, Radio Show: Wealth Preservation and You, Tax Law, Trust Administration, Trusts & Estates
Tagged Bay area, California Franchise Tax Board, California resident, California state income tax, Connie Yi, Estate Planning, estate planning attorney, estate taxes, executor, Facebook IPO, family law, federal law, Fresh Start, Income Tax, inter vivos trust, Internal Revenue Service, IRS initiative, IRS.gov, KDOW, legal residency, Living Trust, LLC, MP3, Nevada, Pleasanton, podcast, Probate, probate court, probated will, professional tax adviser, San Francisco, San Jose, San Mateo, settlor, Silicon Valley, social networking, struggling taxpayers, tax season, telecommuter, testamentary trust, W-2, What Ifs, Whitney Houston, will trust
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Celebrity and High Net Worth Estates; Complex Family Structures; the Competency Issue
The recent passing of Whitney Houston and Davey Jones has put the topic of celebrity estates in the news. Frequently, celebrities quickly obtain considerable wealth as a result of their achievements and the adulation bestowed on them. Sometimes, a beneficiary … Continue reading
Set Up a Trust as Part of Your Estate Plan for Smooth Transfer of Property When the Inevitable Occurs
As a follow-up to our previous discussion about how to transfer the title of real estate that is community property when the owner of the property dies, we were recently asked a question similar to this: Why should my spouse … Continue reading
Posted in California Trust Law, Estate Planning, Probate, Trust Administration, Trusts & Estates
Tagged 401(k), Bay area, beneficiaries of the estate, brokerage firm, California Trust Attorney, Certificate of Ownership Report, Community Property, conflict of interest, Connie Yi, Duty of Loyalty, employment benefits, estate plan, estate planning package, Estate Tax, fatal accidents, inheritance tax, IRA, IRS, Joint Tenancy, KDOW, Living Trust, open enrollment period, Pleasanton, pre-paid legal services, Probate, Recorder’s office, retirement account, Revocation of Trust, right of survivorship, San Francisco, San Jose, San Mateo, successor trustee, Transfer of Property, transfer the title, Wealtlh Management and You
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Community Property vs. Separate Property in California: Why the Facebook IPO Makes This Topic Relevant
It is fairly well-known that one of the primary reasons for divorce is a downturn in a married couple’s financial situation. The hardship of survival without enough money to pay your bills will put a strain on even the happiest … Continue reading
Posted in Asset Protection, California Real Estate Law, Estate Planning, Probate
Tagged Affidavit of Death, California Estate Planning Attorney, California property law, commingling, Community Property, Connie Yi, disown any interest, Divorce, Facebook IPO, Facebook stock, financial boom, financial bust, gift from parent, inheritance, Joint Tenancy, Joint Tenant title, KDOW 1220 AM, Living Trust, major cause for divorce, married couple, Palo Alto, Pleasanton, podcast, radio show, re-insure title, Recorder’s office, registered domestic partners, San Francisco, San Jose, San Mateo, Separate Property, Silicon Valley, states that recognize community property, sudden wealth, Tenancy in Common, Tenancy in Common title, title company, transmutation, webcast
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Estate Tax Form 706 Is Ready For 2010 Along With Extended Deadline For Filing Return
We recently wrote an article about estate taxes, which mentioned that we would have to wait and see what changes to the law would be enacted. The wait is now over, because last week the Internal Revenue Service published on … Continue reading
Posted in Estate Planning, Estate Tax, Probate, Tax Law
Tagged Estate Tax, Form 706, Internal Revenue Service, Probate, Unified Credit
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“No Contest Clause” Can Be Complicated Without An Experienced California Probate Law Attorney
If you are a beneficiary of an estate or trust, based on a will that contains a “no contest clause,” you are restricted from challenging certain provisions of that will. However, in California, that does not mean you are not … Continue reading
Posted in California Trust Law, Probate, Trust Administration, Trusts & Estates
Tagged attorney, California probate attorney, California Probate Code, California probate law, estate executor, estate trustee, fiduciary, Hearst grandchildren, inheritance, Kathleen Jackson, legal system, Michael Jackson, no contest clause, trust beneficiary, William Randolph Hearst
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New Blog for the Law Offices of Connie Yi, P.C., Pleasanton, California (San Francisco Bay Area)
Welcome to the blog for the Law Offices of Connie Yi, P.C., located at 4900 Hopyard Road, Suite 100, Pleasanton, CA 94588. Our office is conveniently located just a minute or two from the intersection of I-580 & I-680, across … Continue reading
Posted in Business Law, California Trust Law, Corporate Taxes, Distressed Property, Estate Planning, Estate Tax, Gift Tax, Income Tax, Participating Tax Changes, Probate, Residential Real Estate, Strategic Foreclosure, Tax Law, Trust Administration, Trusts & Estates
Tagged Business Law, California Trust Law, Connie Yi, Corporate Taxes, Distressed Property, Estate Planning, Estate Tax, Gift Tax, Income Tax, Participating Tax Changes, Probate, Residential Real Estate, Srategic Foreclosure, Tax Law, Trust Administration, Trusts & Estates
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