| Trust Modification and Termination |
| A court will modify a trust when the trust's leading purpose is frustrated by a specific directive made by the trustor.More... |
| Trusts Classified |
| Trusts are commonly classifed in two ways. The first way is by the duties of the trustee. The second way is by the intent, if any, of the settlor to create a trust. This article discusses generally these two ways of classifying a trust.More... |
| Types of Property |
| Estate planning involves a person assessing his life, family, and assets. Before a person can prepare an estate plan, he must have a total understanding of the actual contents of his estate. The reason is that he cannot give away what he does not own. Title is the legal right to the possession of property. Title is almost the same as ownership. How a person holds title to property (owns property) determines what he can give away in a will or trust. If a person attempts to give property away and it is later discovered that title was held in a way that did allow such gifts, no gift is made and the bequest is disregarded.More... |
| Precatory Language, Ademption, and Abatement |
| One of the main purposes for making and leaving a will is to guide the administration of the estate of the testator--the person who made the will. A will should be written in language that is clear and indisputable. Alas, the language in a will may be unclear or vague. This article discusses the will interpretation and construction issues of precatory language, ademption, and abatement.More... |
| Living Wills -- Life-prolonging procedures |
| Your healthcare decisions are likely to be influenced by many factors, including your medical history, your knowledge of other people's experiences, or your religious beliefs. While putting together your living will, you should become familiar with the kinds of medical procedures that are most commonly administered to patients who are seriously ill. Of course, the types of medical procedures that are available change as time passes. Additionally, the treatments that are available vary by region, depending on the sophistication and financing of medical facilities. More... |
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HAVE YOUR ISSUE REVIEWED BY ONE OF OUR PROFESSIONALS!| Estate Planning Newsletter |
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The Law Firm of John Iaccarino
Office Location: Burlingame, California
533 Airport Boulevard, Suite 400
Burlingame, California 94010
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