New Estate Tax Exemption Limits for 2020
It seems like every year, the amount of an estate that is exempt from taxes increases. While the largest increase in recent history occurred between 2017 and 2018, this is the second year in a row with a more moderate increase. How much of your estate is now exempt from taxation? Have there been any changes to the gift tax exclusions? 2020 Estate Tax Exemption Limit For 2020, the estate tax...Read More
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Don’t Make These 3 Estate Planning Faux Pas
It’s easy to make a mistake when you are new to estate planning. That’s why you should always get the help of a professional when planning ahead for your future. Here are three of the big mistakes that people make regarding their estate plans. Not thinking about health care – You need to plan for your long-term care in case you are not capable of making your own decisions later in life. This...Read More
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What Are the Most Common Personal Injuries Due to a Slip and Fall?
It is easy to slip and all if you suddenly come upon a hazard that was not readily visible. When someone slips and falls, whether it is on a slippery liquid or due to some other cause, what are the most likely injuries? Here are a few things to look out for. Injuries to the face – Unfortunately, when you are caught off guard, it can be tough to get your hands out in front of you. Therefore,...Read More
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These Statistics Are the Reason California Is Still Telling Us to Put Down Our Phones
California has had hands-free laws in place for several years now. The restrictions are even more stringent for those under the age of 18. So why are there continued campaigns to try and get people to put their phones down while they drive? Here are some telling stats. In just one year, about 2.2% of drivers were busted breaking hands-free laws. The younger a driver is, the more likely they...Read More
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What Is Power of Attorney?
A part of your estate plan may involve setting up a trustworthy family member with power of attorney. What is power of attorney? Does your spouse automatically play this role? Let’s explain this legal process. Power of Attorney Defined When you give someone power of attorney, it means that you have signed a legal document giving them the ability to make certain decisions or the authority to...Read More
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Tips for Using an Irrevocable Living Trust
If you are planning ahead for the future of your estate, one of the things you need to know about is the irrevocable living trust. There are many benefits that come with this estate planning provision. Here are a few tips. Use the trust to skip probate – When you set your estate up in trust for your beneficiaries, they don’t have to wait for probate court to distribute your assets. This is...Read More
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The Basics of a Slip and Fall Settlement in California
A slip and fall settlement can be tricky. It’s not like what you see depicted on TV where anyone falls for any reason in a store, and suddenly there is a lawsuit. We have two really important pieces of advice for anyone who has been injured by a slip and fall. Don’t wait to start your case – There is a two-year statute of limitations on damages in this sort of case. As long as you have...Read More
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California Urges You to Put Your Phone Down and Drive
Due to the terrible effects of distracted driving, the state of California has had some public service campaigns to encourage less phone use while operating a vehicle. The current campaign is called “Put Your Phone Down. Just Drive.” and you have probably heard that mantra repeated in ads. What are the current laws in California regarding smartphone use in a car? It is never permitted for...Read More
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