Legal Question in Wills and Trusts in California

A revocable trust prepared in 1993, more than 15 years ago, should be reviewed by a qualified attorney as soon as possible. There have been many changes in federal and state law affecting wills, trusts and estate taxes during this time. In addition, the current uncertainty regarding estate and generation skipping transfer taxes requires extraordinary flexibility in the language of existing and new revocable trusts.

As does Mr. Field, if your trust is 15 years old I would recommend having it reviewed and, as needed, updated. More things may have changed than you think it it would be a good idea to review your situation with a qualified estate planning attorney. Please feel free to call me if we can be of assistance.

Jon Reich

IMPORTANT NOTICE: The above response is not intended to, and does not, create an attorney-client, fiduciary or other confidential relationship with the responder. Neither does it constitute the providing of legal advice or services or the giving of a legal opinion by the responder. Such a relationship can only be created, and legal advice and/or legal services provided, pursuant to a written agreement with the responder. Accordingly, no obligations of any kind are assumed with respect to any matter or question presented. It should also be noted that legal issues are often time sensitive and legal rights may be lost or compromised if you do not act in a timely fashion.

Redo it. Contact me directly,