A key part of managing assets is often setting up a trust. The process can be overwhelming, but when professional advice is secured earlier, it makes things easier for all involved. If you're currently making plans for managing your wealth, it will help if you follow...
According to the estate plan set up by Joan Rivers through her will, she was officially a resident of New York before she passed away. That would mean that the laws in New York would usually have to apply to her estate, and it would be taxed at a full 16 percent....
When doing estate planning in California, much of the focus is going to be on setting up a plan so that money is distributed at the right time to the right people. This is often done with a trust. There will also be some focus on how this can help from a tax...