California Estate Administration

Finally, an Estate Planning Guide for Californians Every Californian’s Guide to Estate Planning helps you understand the basics of leaving money and property to loved ones and charities, and naming a guardian for children—with a special focus on issues unique to California, like: how community property rules affect inheritance and taxes how to minimize capital gains for those inheriting high value real estate legal and tax rules that apply to non-citizens and U.S. permanent residents important issues for international guardians, trustees, and executors how to understand the impact of “Prop 19,” and make sure your heirs don’t lose a low (“Prop 13”) property tax rate, and how to avoid California’s slow and expensive probate system through options such as transfer-on-death deeds. With Downloadable Worksheets Includes access to essential worksheets that help you get started on writing a will, preparing a trust, choosing a guardian, leaving money to kids, naming beneficiaries, choosing agents for your health care directive and power of attorney for finances, doing a personal inventory, and more. details inside.

This one-of-a-kind guide covers everything from wills and living trusts to tax-saving strategies and issues that are unique to people who call California home.

This book explains the probate field for paralegals and describes in detail the procedures involved in informal probate of an estate from start to finish including: accounting, closing an estate, and making sales of real property. The printed Judicial Council forms are included, as well as typewritten forms needed for alternative procedures. It also describes the preparation of federal estate tax return and the completion of the main schedules, practical tips, and gift taxes. It also covers intestate estates, preparation of wills, and estate planning in general terms. The book contains separate chapters on revocable and irrevocable trusts and trust administration.ALSO AVAILABLEINSTRUCTOR SUPPLEMENTS CALL CUSTOMER SUPPORT TO ORDERInstructors Manual, ISBN: 0-8273-7306-6