Wills & Trusts Blog

Last Will and Testament: Instructions to the Executor

A will is a document that entitles those named within the real property of the testator, the person signing the will.

Update Your Living Trust And Will

On December 16, 2010, Congress passed and sent to the President the "Middle Class Tax Relief Act of 2010." The law contains the most sweeping change in the taxation of estates in 29 years.

IRA & Estate Taxes

Under the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010, the estate tax exempt amount is $5 million in 2011 and 2012, and reverts to $1 million beginning in 2013. For 2011 and 2012 only, a deceased spouse’s unused exempt amount can be transferred to the surviving spouse. This provision is known as “portability”. As an owner of a large IRA, you ought to know how you may take advantage of portability by naming your spouse as beneficiary of your IRA benefits.

Office Hours:

8:00 am - 5:00 pm

Monday - Friday

Or by appointment

Have a question?

Scott Tibbedeaux

5665 North Pershing Ave Ste B7

Stockton, CA 95202