Do you have a house, investment or some other kind of property that has increased significantly in value? Do you want to liquidate this property and reinvest the money to start generating an income from it, but you don't want to pay the tremendous capital gains taxes?...
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Trusts
Protect your heirs from themselves with a spendthrift trust
On Behalf of Law Office of Barbara J. Dibble | Dec 14, 2018 | Trusts
Imagine you don't have any children who can inherit your estate, except you do have a niece who happens to have a serious spending problem. As soon as she has any amount of money in her hands, she spends it on something irresponsible. Considering that this is your...
What are the goals of your estate planning trust?
On Behalf of Law Office of Barbara J. Dibble | Nov 30, 2018 | Trusts
Many California estate planners have benefited greatly from incorporating a trust into their estate plans. In fact, some individuals have saved their personal assets from certain depletion through a strategically-crated trust document.Let's take a look at some of the...
Using lottery trusts to protect your interests
On Behalf of Law Office of Barbara J. Dibble | Nov 2, 2018 | Trusts
While most people think of good luck as finding a good parking spot at the store or avoiding an accident on the freeway, some people find their lives turned upside down by good luck when they win the lottery or come into some other sort of windfall of good fortune. Of...
The benefits of a living trust
On Behalf of Law Office of Barbara J. Dibble | Oct 26, 2018 | Trusts
When you begin considering all the estate planning options available these days, it can seem overwhelming. It may even keep you from creating a plan at all.This is a response that many people have, and it can prevent them from taking important steps toward protecting...
Charitable remainder trusts can provide annuity income
On Behalf of Law Office of Barbara J. Dibble | Oct 12, 2018 | Trusts
Establishing a charitable trust is an excellent way to preserve important resources and support causes that you value, allowing you to still benefit financially. If these trusts are properly constructed and thoughtfully planned, they may serve as a strong component of...
Why establish a charitable trust?
On Behalf of Law Office of Barbara J. Dibble | Sep 21, 2018 | Trusts
When many people think about establishing a charitable trust, it seems like the kind of thing that only the super-rich do, and even then, mostly for the tax advantages. It is true that charitable trusts offer significant tax advantages. However, they are not only a...
If your home is in a trust, can you sell it?
On Behalf of Law Office of Barbara J. Dibble | Aug 31, 2018 | Trusts
Here in California, owning a home is an expensive proposition, and in almost all cases it pushes the owner past the relatively low estate threshold of probate. In very simple terms, if a person owns real estate in California at all, their estate is almost certainly...
Preserving government assistance for aging loved ones
On Behalf of Law Office of Barbara J. Dibble | Aug 3, 2018 | Trusts
As our parents and others we love grow older, their needs may change dramatically. Without careful planning for the future, even those who saved for a rainy day or who own significant resources may see all that they worked for drained away by the high costs of...
Spendthrift trusts may protect beneficiaries from creditors
On Behalf of Law Office of Barbara J. Dibble | Jul 28, 2018 | Trusts
When one sets out to create a sound estate plan and protect assets for beneficiaries, careful planning is critical. It is important to consider the recipient of a particular asset and the difficulties he or she may face that could pose a threat to the asset itself....
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