Peter Falk’s Daughter

Catherine Falk, daughter of the well known Peter Falk (Columbo to many of us) is fighting for a bill in the state of California that grants children and family access to elderly and incapacitated loved ones who are under the care of someone else. In this particular...

Naming a Corporate Trustee

When it comes to naming a successor Trustee, clients are a little too quick to name a family member or a friend without looking at the “job” that they are giving them. The first question you need to ask yourself is “Does the person that I am naming as successor...

Empty Trusts

Many clients believe that setting up a revocable living trust is all they need to do to avoid probate. This is only partially true. To completely avoid probate the trust must also be “funded”. Funded involves the transfer of assets from the client’s individual...

Generational Transfers

When it comes to generational transfers, many people think of the transfer of wealth and how they will pass their assets on to their children or grandchildren. Generational transfers can also mean the transfer of knowledge. As children become young adults there are...