Inheritance laws in California can be complex, especially when it comes to stepchildren. In general, stepchildren do not have automatic inheritance rights from a stepparent unless explicitly stated in a will or trust. Inheritance rights for stepchildren In California,...
Month: March 2025
How does the generation-skipping tax impact your estate?
The generation-skipping transfer (GST) tax applies when people give large gifts or inheritances directly to their grandchildren or younger beneficiaries instead of their children. This tax stops wealthy families from avoiding estate taxes by skipping a generation when...