Tag Archives: inheritance

QTIP Trusts Useful For Estate Planning With Blended Families

When most of us think of QTIPs we may think of cleaning in small spaces. When an estate planning professional thinks of QTIPs he or she would be thinking of a qualified terminable interest property trust. A QTIP is a special type of trust that is highly useful during estate planning, particularly for the blended …. Read More

Do People Save or Spend Their Inheritances?

It is the rare person in California or anywhere who is glad to lose a parent or grandparent. However, a piece of good news connected with the loss of a loved one, is a potential inheritance. A recent study titled “Do People Save or Spend Their Inheritances? Understanding What Happens to Inherited Wealth,” looks at¬†estate …. Read More

Wills For Same-Sex Couples Are Critical, Even When Married

Recently, a same-sex couple thought they were doing everything right. They had been together nearly 25 years and were married in San Francisco when it became legal to do so. They each named the other as beneficiary on life insurance policies. Their property was in both their names. However, they moved to another state that …. Read More