If you have friends, family or clients that currently hold title to property in California as Joint Tenants, you will want to urge them to change the way they have their property titled.  While joint tenancy has the advantage of immediate transfer of ownership to the survivor upon the passing of one of the...

Changes in Estate Planning for 2009

In 2009, several changes have occurred that impact estate planning including: (1) A rise in the Annual Gift Tax Exclusion for Gifts to $13,000 from $12,000, (2) The unified estate tax credit (if you pass on with assets below the credit, your estate will not owe any estate taxes)  increases to...