How to Pass On Your Heirlooms and Forego the Drama
Passing down heirlooms from generation to generation is a cherished tradition that transcends time and culture. These tangible mementos of our family’s history hold sentimental…
Read More »
Essential Estate Planning Documents for College-Bound Students
Sending your child to college is an exciting time filled with new opportunities and challenges. While you’re busy helping them pack and preparing for the…
Read More »
Restoring Prop 58: The Howard Jarvis Taxpayers Association’s Initiative to Repeal Prop 19
At Botti & Morison, we are committed to keeping our clients informed about the latest developments in estate planning and tax laws. The recent changes…
Read More »
To A/B, or Not To A/B, That is the Question
Most revocable living trusts for married couples, established prior to 2018, require that the trust be divided into two or more “sub-trusts” upon the death…
Read More »
Preserve Generational Wealth With 3 Tips
Have you considered what is required to preserve generational wealth and your legacy? Or the impact an inheritance will have on family members in different…
Read More »
Blended Family Estate Planning
In many cases, couples bring children into a marriage from a prior marriage or union and then have children together. This is often referred to…
Read More »
Caring for Aging Parents Need Not Split Siblings
As our parents age, it’s common for siblings to come together to provide care and support. However, this can also be a time of conflict…
Read More »
Benefits of an Irrevocable Life Insurance Trust
An irrevocable life insurance trust (ILLIT) is an estate planning tool that owns and controls a permanent life insurance policy or policies while the insured…
Read More »
New Year’s Resolution: Make or Update Your Estate Plan
It’s the New Year and everyone has begun to make New Year’s resolutions. The origin of making New Year’s resolutions rests with the Babylonians, which…
Read More »
Pitfalls of Do-It-Yourself (DIY) Estate Planning
In an age where almost anything can be accomplished online, “do it yourself” estate planning websites have recently increased in popularity. Unfortunately, many people who…
Read More »