Protecting Your Same-Sex Marriage with Estate Planning

With the Supreme Court overturning Roe v. Wade last week, many people are concerned that other fundamental privacy rights are in jeopardy. If you are in a same-sex marriage and you are worried about the Supreme Court overturning Obergefell v. Hodges, or if your spouse is a different color than you and you are concerned about the Supreme Court overturning Loving v. Virginia, you may not be able to protect all of your marital rights through the use of estate planning documents, but you can protect some of them.

Foreign Assets

Can I put my foreign assets into a Trust I created at California Trusts Online? Maybe. Maybe not.

By “foreign assets” we mean real property located outside of the United States, shares or equity in legal entities organized under the laws of another country, bank and investment accounts “booked” with a foreign financial institution.

Why the Wealthy Use Family Trusts (and Why You Should, Too)

Most people want to take care of their loved ones regardless of how much money they may have. Those who are wealthier than others often use Trusts to distribute money to their loved ones in a way that:

  1. Avoids the expense, hassle and time of probate;
  2. Maintains their privacy; and
  3. Helps them avoid paying certain taxes.