A large inheritance received during a time of grief would seem like a great comfort. Without proper thought and consideration, though, that windfall can create more problems than solutions. If the assets from a generous California will or trust have been passed to...
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Month: October 2013
Who pays a California decedent’s bills?
Dying debt free in Los Angeles may be a goal, but it's often not a reality. In many states, leftover debt following a person's death is an estate's problem, not a direct concern for heirs. In California, community property laws sometimes force surviving spouses to pay...
Tupac case: Lesson for California intellectual property planning
Los Angeles residents may overlook the valuable, invisible assets they own known as intellectual property. For estate administration purposes, website domains and blogs, images, art or music you share through social media sites are assets that belong to you and, if...
Los Angeles estate planners: Have you valued your Pogs lately?
Silly Bands and Pogs from the 1990s and Cabbage Patch Dolls from the 1980s were collectibles that some people bought in quantity, with the idea that someday those childhood toys would be "worth something." Other than niche buyers, who today values a Cabbage Patch Doll...