Who remembers the Peace Corps? It was a government program, a way for mostly young volunteers to help others while expanding their own world views that goes back to the Kennedy administration. Volunteers served two years in foreign countries. But no one was assigned to Paris or London; rather, they...
Many of our clients are coming in to simplify their old AB Trusts. The AB Trust was originally designed to create estate tax savings for couples with joint Trusts by keeping the deceased spouse’s property out of the estate of the surviving spouse. In 2011, however, a dramatic change in...
A recently remarried client came in to our Walnut Creek office to name his new wife and daughter as beneficiaries for some of the assets he held in an individual Trust. The couple held the Walnut Creek home in which they lived as joint tenants, but he had other assets,...
