Bethel Law Blog
Explore expert tips and legal insights on California estate planning, trusts, and probate law.
A Comprehensive Guide to Administering a Missing Person's Estate in California
Dive into the intricate legalities surrounding the administration of a missing person's estate in California with our comprehensive guide. From understanding the California Probate Code and its five-year presumption of death, to gathering evidence, filing court petitions, and dealing with real property, this guide simplifies the process. Navigating these legalities with our expert advice can make this emotionally challenging task less daunting and more manageable.
Avoiding the Tax Trap: Navigating Property Transfers and Trusts
Unravel the complexities of property tax reassessments when transferring property through a trust, with a focus on parent-child transfers. Understand the potential tax implications and the steps to avoid a reassessment trap.
Mastering the Complexities of Simple and Complex Trusts
Attorney Andrew Bethel dives into the world of trust taxation! Focusing on simple and complex trusts, he'll discuss income distribution requirements, taxation, and more. Learn about IRS Form 1041, Schedule K-1, and tax rates. Remember, Uncle Sam always finds a way to collect his share!
Beyond Disinheritance: The Transformative Power of Special Needs Trusts
Attorney Andrew Bethel unveils the nuances of disinheritance and how Special Needs Trusts can transform estate planning to protect and assist the beneficiaries.
Living Trusts: The Secret to Dodging Probate
Explore how a living trust, a legal entity, continues 'living' beyond the death of the grantor, safeguarding assets for beneficiaries and eliminating the need for probate.
Understanding Omitted Spouses and Children in California Estate Law
Explore the complex world of estate planning, omitted spouses, and children in California. Learn about community, quasi-community, and separate properties, and discover how prenuptial agreements can affect your inheritance rights.
Avoid Probate Nightmares: The Dangers of Properties Taken Out of Trust
Discover the risks of removing properties from trusts and failing to reinstate them, as explored in our blog article. Learn about the potential probate nightmares that can arise, and find proactive solutions to safeguard your estate, protect your beneficiaries, and avoid unnecessary expenses.
Why Can't Certain Professionals Form LLCs in California?
Explore why certain professionals can't form LLCs in California and must instead establish a Professional Corporation or Registered Limited Liability Partnership. Get insights into the role of public policy in these regulations and understand the accountability measures in place for these professionals.
Navigating Business Structures: S-Corporations and LLCs in California
Unearth the crucial differences between S-Corporations and LLCs for sole business owners in California. This detailed guide examines management, ownership, taxation, funding, and legal protection aspects of each structure, offering invaluable insights to inform your business formation decision.
Choosing the Right Trustee: An Analysis of Bank Trustees
Explore the pros and cons of having a bank serve as the trustee of a trust, including professionalism, objectivity, financial stability, convenience, costs, inflexibility, impersonal service, and conflicts of interest.