ESTATE PLANNING CASE STUDIES: Rob Silverman’s Advice on How to Protect Your Family

ESTATE PLANNING CASE STUDIES: Rob Silverman’s Advice on How to Protect Your Family

CASE STUDY: “Outlaw” Protection

In the last decade or so, there seems to have been a heightened awareness of and interest in “asset protection”. One aspect of asset/creditor protection that arises in the estate planning process involves the desire by parents to protect their children from post-inheritance divorces.

Read more >> https://rsilvermanlaw.com/case-study-outlaw-protection

CASE STUDY: When Giving To Children, Is Equal Always Fair?

Parents usually try their best to treat their children equally and children tend to expect that. In this blog post, I will explore two primary questions that have come up time and time again in my practice, two questions that are worth your time to consider – Is equal always fair? How does equal work in the context of estate planning?

Read more >> https://rsilvermanlaw.com/case-study-when-giving-to-children-is-equal-always-fair/

CASE STUDY: When Family and Business Don’t Mix

Family members often become “involuntary” co-owners of real estate and/or a business by inheriting a fractional interest in an asset co-owned by other family members. Proper planning and related documentation should be completed by the first generation of (voluntary) co-owners, ideally at the time an asset is purchased. Otherwise, this co-ownership can become very problematic – even if such problems don’t arise until the death of a first generation co-owner.

Read more >> https://rsilvermanlaw.com/case-study-when-family-and-business-dont-mix/

This article is intended to provide information of a general nature, and should not be relied upon as legal, tax, financial and/or business advice. Readers should obtain and rely upon specific advice only from their own qualified professional advisors. This communication is not intended or written to be used, for the purpose of: i) avoiding penalties under the Internal Revenue Code; or ii) promoting, marketing, or recommending to another party any matters addressed herein.

Mr. Silverman is an attorney with R. Silverman Law Group, 1855 Olympic Blvd., Suite 125, Walnut Creek, CA 94596; (925) 705-4474; rsilverman@rsilvermanlaw.com.

ESTATE LEGAL SERVICES: Need to find an estate planning attorney in Walnut Creek CA? Contact Robert Silverman at 925-705-4474 for legal advice on Revocable Living Trust, Wills, Durable Power of Attorney, Advance Health Care Directive, Special Needs Trusts, and Irrevocable Trusts & Advanced Estate Planning, including Irrevocable Life Insurance Trust (ILIT), Qualified Personal Residence Trust (QPRT), Defective Grantor Trust (IDGT), Grantor Retained Annuity Trust (GRAT), “Crummey Trust”, and various types of Charitable Trusts.

Most Recent Articles

FYI: Probate Administration Explained

FYI: Probate Administration Explained

Probate – a court-supervised estate administration proceeding – is generally...

READ MORE
ESTATE PLANNING: What You Need at a Glance

ESTATE PLANNING: What You Need at a Glance

Nearly every legal adult should have a comprehensive estate plan...

READ MORE
Is Your Living Trust a Bomb Ticking Silently?

Is Your Living Trust a Bomb Ticking Silently?

Given this major law change and its potentially profound consequences...

READ MORE