With the threat of a “sunset” at the end of this year of the current high federal estate tax exemption back to $5 million, adjusted for inflation, many people across the country are no longer concerned about planning to avoid or minimize estate taxes. However, in the Bay area, there are still many families who do have taxable estates and…
When most people think about Hulk Hogan and Ozzy Osbourne, they probably envision iconic moments from the wrestling ring or heavy metal stage, not wills, trusts, or estate planning. But these two late celebrities, who both passed away in July 2025, each had unique family dynamics and high-profile personal lives. Their deaths offer surprising lessons in estate planning from which…
Parents often create a revocable living trust to ensure that their children are provided for upon their deaths. However, parents may struggle to decide how to leave an inheritance to their children and how much control they wish to exercise after their deaths. This is especially the case when parents have young children or children who struggle with financial responsibility.…
When it comes to estate planning, most people focus on how to ensure their loved ones are taken care of. However, you may want to also consider charitable gifting, a tool that not only provides for causes you care about but also preserves wealth by reducing estate tax liability. Charitable gifting refers to donating money or assets to a qualified…
