Here is something you don’t run across every day. Should you refuse an inheritance? Maybe. Surprisingly enough, there may be times when you do want to disclaim (refuse) an inheritance. Here are 2 of them. If You Are In Debt. One situation in which you might want to refuse an inheritance is if [...]
If someone asks you to be the trustee of their trust, should you do it? Well, as is so often the answer in law, it all depends. One thing is certain, however, and that is that before you say yes, you should fully understand what you would be agreeing to. So let’s take a look [...]
Lots of people have trust issues. In our practice, the one we see most often is: who should you choose as your trustee? Trusts. A trust is a fiduciary arrangement that allows a third party, or trustee, to hold assets (money or property) on behalf of a beneficiary or beneficiaries (the person or persons for [...]
In its most basic form, estate planning is organizing your assets and making sure that your property goes to the people you want it to go to after you die. But here at Esser, Bradley & Khalsa, PLLC, we take estate planning well beyond the basics. One of the things we always want our clients [...]
As the old saying goes, nothing is certain except death and taxes. Since we so often talk about death here on our trusts and estates blog, we thought that today we would spice things up a bit and talk about taxes—estate taxes as a matter of fact. The Joy of Giving Gifts While Reducing Estate [...]
