Andrea Shoup

Often, aging parents will name one of their adult children to act as successor trustee for a revocable trust in their estate plan.  While this may seem like a simple job until both parents pass away, there are some challenges that can arise if your parents are elderly or unable to make sound decisions for […]

What Are the Related Areas of Tax and Estate Planning? There are few areas where both tax planning and estate planning need to be considered together.  How assets are held, transferred and valued all have an impact on taxability. Lifetime Gifts:  You may make gifts during your lifetime up to $14,000 per year, for as […]

This is a quick overview of some unique situations that you may face in your own family planning for the future: Gifts to Grandchildren without Living Parents – If you have grandchildren who have lost both of their parents, there are some specific rules for including them in your estate plan.  If they are minors, […]

The Law Office of Jack D. Brown, APC has merged with the law firm of Shoup Legal, A Professional Law Corporation.  Their offices are located at 29995 Technology Drive, Suite 101, Murrieta, California. Jack D. Brown has been in practice for over 40 years, with his primary practice focus in general business and transactional matters, […]

It is very common for a will or trust to have the instruction that all property is to be divided equally among named beneficiaries.  This avoids the problem of having to identify specific property to be granted to heirs, and creating any ill feeling in the family.  It is a fine approach for dividing cash, […]

Many people have heard the term ‘power of attorney’ but have questions about when it is needed, and under what circumstances.  A power of attorney (POA) grants a family member or other trusted individual the ability to make financial or healthcare decisions for you as your ‘agent’.  This responsibility can be as broad or narrow […]

Many people have questions about the difference between a will and a trust, and when a trust may be necessary.  The Basic Facts About Wills – Very simply, a will states the wishes of a person upon their passing about how to distribute their property to heirs.  The will also names an executor who oversees […]