Newsroom

This week I came upon an interesting article called “Sibling Scorned” in the March issue of Private Wealth.   Click “link” to read the article. Basically, it discusses the battles that may ensue between...

Fred M. Whitaker, Senior Partner at Cummins & White, LLP.  If you have questions related to this article, please contact Fred Whitaker at (949) 852-1800 or fwhitaker@cwlawyers.com. Last month we discussed the traits that...

The other day, someone asked me, “What happens to my home when I die?”  In other words, “Why do I need an Estate Plan?” This is why.  Assuming that the home is not in a trust, this will be the eventual outcome: 1....

There is a good article posted about donor’s remorse on WSJ Online called “The Rush to Avoid Gift Taxes.”  The article can be found by clicking here and discusses the perils of making gifts to irrevocable trusts. As...

Last month we discussed that “Operating Businesses Need an Operator.”  Operating businesses—whether you want to sell your business to a third party, your employees, or give it to your heirs—need an operator to have...

The problem with irrevocable trusts is that, well, they are irrevocable.  Once executed, an irrevocable trust may only be amended on rare occasion, and in most cases, only upon court order.   Life happens and sometimes the...

If you have a lawyer, a CPA, or a financial planner, you have probably been inundated in the last few months with urgent calls, e-mails, newsletters and the like imploring that you take action. The five million dollar per...

When you die, you can’t take it with you, but perhaps you can do some good with the assets that you leave behind.  This was the topic at the 46th Annual Heckerling Institute Conference presentation called “What Every...