I’m Moving; Should I Update My Trust?

One of the most frequent questions I get from former clients is “I’m moving to [insert location of choice]; should I update my trust?” I typically dodge the classic “It depends” answer and tell them that they don’t necessarily have to update, but there are...

What is a Small Estate Affidavit?

Before I answer this question, I need to give some background information. If your estate (everything you own in your name) is worth more than $150,000, California requires the estate to go through probate. Probate is the process where the government oversees the...

What is an Irrevocable Life Insurance Trust (ILIT)?

I was asked to present on this topic this past month, and I thought I’d share the results of my research. An irrevocable life insurance trust (otherwise known as an ILIT) is a resource that can be used to avoid estate taxes, and/or to provide a means to pay for them....

What Does Copyright Protect?

This is an important question when you’re drawing from someone else’s work to create your own material. What is permissible, and what would be considered infringement? Copyright only protects creative expression. It does not protect facts or ideas, only the way those...