PME Estate Planning, Trust, and Probate Blog

Welcome to the PME LAW Blogs. In this blog, we will focus on PME Estate Planning, Trust, and Probate Blog developments, particularly within the state of California. Nothing in this blog should be construed as legal advice. PMELAW.com is a public website, so communications are not privileged. Copyright Perkins, Mann & Everett (PME LAW) © 2015. All rights reserved.

California’s New “Revocable Transfer on Death Deed”

Written by: Curtis D. Rindlisbacher, Esq. Beginning January 1, 2016 California law authorizes the use of a revocable transfer on death deed. (California Probate Code Section 5600 et. seq.) This type of deed is only effective for property that is improved with at least one and not more than four dwelling units or a tract Read More

Portability –Preserving the Federal Estate Tax Exemption When Your Spouse Passes Away

Written by: Curtis D. Rindlisbacher, Esq. For 2015 the federal estate tax exemption if $5,430,000 per person. This exemption is indexed for inflation each year. This means a married couple can leave up to $10,680,000 to their intended non-charitable beneficiaries free from federal estate tax. Prior to portability, both exemptions could only be used if Read More

California Probate Process: Choosing the Appropriate Procedure

Written by Curtis D. Rindlisbacher, Esq. California law provides rules for formal probate administration that can be used in every estate. The law also provides summary administration procedures for estates that are worth less than $150,000. After attending to burial and memorial duties following the death of an individual, attention is turned to winding up Read More

Understanding Beneficiary Designations

Written by Curtis D. Rindlisbacher, Esq. Coordinating beneficiary designations is fundamental to ensuring that your property will pass in the way you intend. Properly planning your estate requires a good understanding of the role of beneficiary designations. This article provides some basic rules about coordinating beneficiary designations with the rest of your estate planning. A Read More