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Where Is Your Advance Health Care Directive?

Posted by Maria N. Jonsson | Mar 17, 2020 | 0 Comments

In these uncertain times when life as we know it has come to a sudden halt in an effort to slow down the beast known as COVID-19, the most relevant legal document is your Advance Health Care Directive. This document names the people who can make medical decisions for you (including termination of...

California Introduces New Rent Control Laws

Posted by Maria N. Jonsson | Mar 09, 2020 | 0 Comments

Starting in January of 2020, the rent control laws in California were significantly changed. Many individuals who inherit real estate and plan to use it as investment property should be aware of these changes before signing a lease agreement and letting tenants in. The California Lawyer's Associa...

New Domestic Partnership Rules

Posted by Maria N. Jonsson | Feb 06, 2020 | 0 Comments

The rules on Registered Domestic Partnerships changed significantly starting on January 1, 2020. Whereas in the past, domestic partnerships could be registered between same sex couples, and between opposite sex couples where one partner is over age 62, starting on January 1, 2020, everyone, re...

How to Fund Your Living Trust After it is Created

Posted by Maria N. Jonsson | Feb 06, 2020 | 0 Comments

You've created your living Trust – now what? Establishing your Trust is only the first step in ensuring that your property will go to your desired beneficiaries outside of Probate court. The next step is the most critical one - “funding” your trust - whereby you change title to your property into...

Your Estate Plan: Have you waited long enough?

Posted by Maria N. Jonsson | Jul 11, 2019 | 0 Comments

If you have been postponing the setting up of an estate plan for 30 years – have you waited long enough? Going forward - time is not your friend: for folks in their 60s or 70s, waiting any longer to set up Powers of Attorney, Wills and a Trust, and transferring their assets in Trust, could involv...

What Do Grads and Brides Have to Do With It?

Posted by Maria N. Jonsson | Jun 20, 2019 | 0 Comments

Every life transition changes the person that we are. Graduating from High School or College, getting Married, starting a Business, or a Family – those are big life events that define new legal paradigms, and entail more responsibilities towards those who are close to us and/or depend on us. Gett...

Don't Get on a Plane Without It

Posted by Maria N. Jonsson | Jun 17, 2019 | 0 Comments

Summer is time for the long-awaited and much deserved time away from the office and the daily grind. Every year millions of Americans pack their suitcases and board a plane, a cruise ship, or set out on a road trip. Every year many vacations are ruined when the unthinkable happens: an accident, a...

Estate Planning is Prosperity Planning

Posted by Maria N. Jonsson | Apr 08, 2019 | 0 Comments

When people think of Estate Planning they usually think about setting up a living trust and powers of attorney. A lot of budget outfits out there would deliver just that. The real value of working with an Estate Planning attorney is to take a holistic approach to Estate Planning and not only have...

How to prepare for a Will or Trust Contest

Posted by Maria N. Jonsson | Mar 19, 2019 | 0 Comments

Legally everyone is entitled to leave their estate to anyone they want. This means that they can exclude (or “omit”) anyone they want from receiving any distributions under a Will or a Trust. Often there is already an expectation that such individuals will feel wronged and will contest the will o...

How will you protect your assets After tax season

Posted by Maria N. Jonsson | Mar 18, 2019 | 0 Comments

Admittedly, this time of year (i.e., March-April), no one wants to think about anything other than Tax Season. The 1099s are in, the expenses are accounted for, and the checks to IRS/FTB hare sent out. So now what? What lessons can we learn and how can we be better protected for next year? One su...

Estate Planning IS Recession Planning

Posted by Maria N. Jonsson | Mar 11, 2019 | 0 Comments

The “Recession” buzz is all around us. One of the worst things that can happen during a recession is to lose a loved one and to actually inherit from their estate through probate. The lessons of 2008-2010 remind us that, during a recession time, not only property values decline, but when you add ...

2019 Estate Tax Exclusion and Gift Tax rules

Posted by Maria N. Jonsson | Nov 29, 2018 | 0 Comments

The IRS issued Revenue Procedure 2018-57 announcing the official estate and gift tax exclusion amounts for 2019. The 2019 applicable federal estate tax exclusion is increased to $11.4 million. The top federal estate, gift and GST tax rate remains unchanged at 40%. This exclusion is...

Having Only a Will May Mean Going to Probate Court

Posted by Maria N. Jonsson | Sep 20, 2018 | 0 Comments

It is a common misconception that if one has a will, there is no court process after they die. This is only true if he/she died not owning any real estate, and having personal property less than $150,000 in value, or with named beneficiaries. When this is not the case, a willhas to undergo a long...

Finding the Right Probate Attorney

Posted by Maria N. Jonsson | Sep 20, 2018 | 0 Comments

If one dies owning assets in his/her name alone, and the estate requires probate administration, the family would be wise to find a Los Angeles probate attorney with lots of experience in Probate court and one that does not shy from keeping in touch with the family. It is not common knowledge tha...

"I only need a simple trust"

Posted by Maria N. Jonsson | Sep 18, 2018 | 0 Comments

“I only need a simple Trust” is a request I hear often. However, this “self-diagnosis” may not always be the right one. A “simple” probate avoidance trust may or may not be the best fit for each family dynamic. There are two main factors which dictate the complexity of the trust terms: (1) the ty...

Will and Trust Provisions for your Pets

Posted by Maria N. Jonsson | Jul 02, 2018 | 0 Comments

Pet Hospice is becoming a preferred choice of saying “goodbye” to a beloved companion animal. It is more humane for the animal because it focuses on the relief of the end-of-life suffering, and the pet's comfort. It is infinitely more humane for the pet-owner, for whom this is such a painful and ...

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The Law Offices of Maria N. Jonsson, PC is committed to answering your questions about Estate Planning, Probate and Trust Administration issues in Marina Del Rey & Venice, CA. We'll gladly discuss your case with you at your convenience. Contact us today to schedule an appointment.