Estate Planning for Blended Families -What to Consider
Blended families often grapple with a variety of concerns, including inheritance and financial planning. Good estate planning for blended families works to ensure fair distribution of assets among all children and spouses. Expert legal guidance is crucial to navigate complexities and avoid potential conflicts. In the Carlsbad area, Carlsbad estate planning attorney Andrew Fesler is […]
What is Trust Administration?
Trust administration refers to the management of a trust and any documentation associated with the trust such as tax documents, listing of beneficiaries named in the trust, and certified copies of the settlor’s death certificate. Who is Responsible For Trust Administration in Carlsbad? The trustee named in the trust document is responsible for administering the […]
For a California Trust, What Is a Grantor, Trustee, and Beneficiary?
Establishing a California trust offers several key benefits. There are three key players in a trust: the grantor, the trustee, and the beneficiary which we will review in today’s post. The benefits of a California trust are, first, it allows for the efficient and private transfer of assets upon the grantor’s passing, bypassing the costly […]
WHAT’S INVOLVED WITH FUNDING A TRUST?
Carlsbad Trust attorney, Andrew Fesler, gives insight into funding a trust; what is meant by that, and some of the ways to accomplish this. As a leading attorney in Carlsbad, California, he specializes in estate administration and probate, trust administration, advance directives, business succession planning, and all aspects of estate planning including setting up a […]
How To Update Estate Plan When Marrying Again
Remarriage is fairly common in the United States, with of all divorced people aged 25 and over, 55% ofmen and 44% of women have remarried. You should update your Carlsbad estate plan every time you go through a major life event, including marriage. If you need to update your estate plan when marrying again, contact […]
Tax Benefits of Using a Revocable Trust in California
Many people are drawn to trusts after hearing they can provide tax benefits. However, it is critical to understand that the tax benefits of a trust vary depending on the type of trust you create. Revocable trusts, one of the most common types of trusts in California, provide no income or estate tax benefits. If […]
WHY DO WE NEED TO FUND A TRUST
Andrew Fesler, a leading Carlsbad estate planning lawyer, reviews why you need to “fund a trust”- what does that mean and why is it necessary. Transcript: ” Because a trust is an entity unto itself that the client is creating, the trust needs to actually own all of the assets that the client wants it […]
What is an Asset?
One of the first steps when creating an estate in Carlsbad is to list your assets. An asset is anything you own that holds monetary value. Some common examples of assets include your home, car, bank accounts, stocks, and retirement plans. Estate planning attorney Andrew Fesler can help you identify and understand your assets. He […]
WHO NEEDS AN ESTATE PLANNING ATTORNEY?
Andrew Fesler, a leading estate planning attorney in Carlsbad California, shares his thoughts on who needs an estate planning attorney. With many years of answering questions on estate planning – who needs it, when you need it, and why you need it- he is able to share some reasoning here in this video. For more […]
Charitable Giving – Leaving Money to a Favorite Charity
By including charitable giving in your Carlsbad estate plan, you can continue your legacy by giving back to organizations close to your heart. Done correctly, it has the added benefit of lowering your tax liability. There are many good causes that rely on donations to enable them to do their work. Ways to Give to […]
