by Kevin Kennedy | Mar 28, 2017 | Business planning, Corporations, Estate Planning
You may have heard in the news recently that there’s been some fighting among the ownership team of the Los Angeles Lakers. When Dr. Jerry Buss, the majority owner, died in 2012, his ownership passed to his six children via a trust, with each child receiving an equal...
by Kevin Kennedy | Dec 28, 2016 | Estate Planning
It’s hard to consider the grief and sorrow that comes when a spouse passes. However, the year following the death of a spouse is an important one for the surviving spouse as there are number estate planning considerations and decisions to be made. This article...
by Jarom Bergeson | Oct 1, 2016 | Estate Planning, Real Estate, Retirement Planning
In my experience, estate planning is one of the most important, and simultaneously least understood, areas of the law. Perhaps this is because none of us ever see how our own estate plan (or lack thereof) plays out after we are gone. Maybe it’s because there’s just a...
by Jarom Bergeson | Aug 9, 2016 | Business planning, Estate Planning, Retirement Planning, Tax Planning
I don’t know about you, but right now, every evening, I find myself riveted to the screen, breathlessly taking in action in synchronized diving, archery, water polo, and even rhythmic gymnastics! This can only mean one thing (because I would never otherwise watch any...
by Lee Chen | May 31, 2016 | Estate Planning, Law
Anyone with a basic understanding of estate planning knows that one of the primary benefits of having a living trust is to avoid probate. Nevertheless, unless you are an attorney or have been personally involved in a probate proceeding in the past, few people have an...
by Jarom Bergeson | Mar 15, 2016 | Asset Protection, Estate Planning, Law, Retirement Planning
As an attorney who practices in the area of Trusts and Estates, one of the most important pieces of advice I give to clients is to establish a revocable living trust to own real estate, small business interests, and other assets in order to effectuate the transfer of...