Category Archives: Estate Planning

An Estate and Trust Attorney’s Prediction: Estate Tax Will be Repealed in 2017

By John O’Grady, O’Grady Law Group The federal estate tax is a tax on the date of death value of a person’s assets in excess of about $5.5 million. It…

Estate Planning Corner: Last Chance for Valuation Discount Planning and More

By John O’Grady, O’Grady Law Group …………….. Valuation Discount Planning The U.S. Treasury Department has proposed regulations that will make it more difficult for families to engage in valuation discount…

Estate Planning Issues in the News

Privacy Lessons of ‘To Kill a Mockingbird’ Author Harper Lee As the daughter of a country lawyer in Alabama, Harper Lee was able to bring fictional defense attorney Atticus Finch…

Estate Planning Corner: Prince Has Left the Building, But Did He Leave a Will?

John O’Grady, O’Grady Law Group When inimitable superstar Prince died in April at the age of 57, he left behind millions of grieving fans and a majestic artistic legacy. But…

Trust Document Can Provide for Attorney Fees in Battle

John O’Grady, O’Grady Law “No-contest” clauses are designed to discourage beneficiaries from contesting wills and trusts by specifying that those who do so forfeit what they would have received under…

Donald Sterling Update: Appellate Court Confirms Clippers’ Sale

By John O’Grady, O’Grady Law Group A probate judge had ruled Donald Sterling incompetent to manage his own trust, which included ownership of the Los Angeles Clippers. Sterling’s wife Shelley…

California Creates “Transfer on Death Deed” for Real Estate

Reno Fernandez The California legislature has created a new “transfer on death deed” for real property.  On Monday, November 9, 2015, Governor Jerry Brown signed AB 139 into law, allowing for…

Estate Planning: Keep Buildings in the Family Without Tearing Your Family Apart

By John O’Grady, O’Grady Law Group Real estate is a valuable asset and a blessing, but it can become a curse that causes family strife if ownership is not clearly…

Audrey Hepburn’s Heirs Still Split Over Stuff

John O’Grady, O’Grady Law Group More than two decades after Audrey Hepburn’s death, her two sons still can’t agree on how to divvy up some of her belongings: A locker…

Victory Over IRS in Estate Appraiser Dispute

By John O’Grady, O’Grady Law Group Many people think the IRS is just too big to beat, and that when the tax collector sends you a bill, you better just…