Gordon Moore (1929- ) - Businessman & Philanthropist Gordon Moore, raised in Pescadero, California, received his Bachelor of Science degree in Chemistry from the University of California, Berkeley in 1950 and a PhD in Chemistry and minor in Physics from the California Institute of Technology (Caltech) in 1954. He completed his postdoctoral research at the Applied Physics Laboratory at Johns Hopkins University in 1956. Moore joined Caltech alumnus William Shockley at the Shockley … [Read more...] about Famous Estates – Legacy Champ or Chump?
Thought for the Day:
“It's kind of fun to do the impossible.” Walt Disney Company … [Read more...] about Thought for the Day:
How Do I Fund My Revocable Trust?
One of the most commonly used types of trusts is a revocable living trust. A revocable living trust offers a variety of benefits to the settlor, or person who created the trust. People often use a revocable living trust as part of their incapacity plan, for example. By naming a spouse/parent/adult child as the successor trustee to your living trust you allow for immediate transfer of control over trust assets in the event of your incapacity. If you decide that a living trust would be a valuable … [Read more...] about How Do I Fund My Revocable Trust?
Famous Estates – Legacy Champ or Chump?
Barry White (1944-2003) - Producer, Composer & Singer Barry Eugene Carter, known as Barry White, was born in Galveston, Texas, and raised in the high crime areas of South Central Los Angeles. White’s musical influence came from listening to his mother’s classical music collection which he would then emulate it on the piano. His musical career began when he was in his late teens in the early 1960s, as part of different singing groups as well as having singles of his own. In the mid-1960s, … [Read more...] about Famous Estates – Legacy Champ or Chump?
Thought for the Day:
“The future belongs to those who believe in the beauty of their dreams.” Eleanor Roosevelt … [Read more...] about Thought for the Day:
Does Your Law Firm Do Wills?
Estate planning can be a very complex process involving numerous strategies and tools. At its most basic, however, estate planning starts with the creation of a Last Will and Testament. People often make the mistake of assuming that they need to have a large estate with complicated assets in order to utilize the services of an estate planning attorney to create an estate plan. The truth, however, is that even the creation of a simple Will should be done with the assistance of a professional … [Read more...] about Does Your Law Firm Do Wills?
Thought for the Day:
“Whatever you are, be a good one.” Abraham Lincoln … [Read more...] about Thought for the Day:
How a Power of Attorney Terminates
A power of attorney, or POA, is a commonly used estate planning tool. Before you consider executing a POA, however, you should understand the power one confers as well as the various types of POAs available. In addition, you need to have a firm understanding of the circumstances under which a power of attorney terminates. A POA is a legal document that allows you, referred to as the “Principal”, to appoint an “Agent” who will have the legal authority to act on your behalf. The extent of the … [Read more...] about How a Power of Attorney Terminates
Thought for the Day:
“Life is to be enjoyed, not endured” Gordon B. Hinckley … [Read more...] about Thought for the Day:
Why Should I Have A Living Trust?
Just a few generations ago trusts were used primarily by very wealthy families as a way to pass down the family wealth while maintaining some degree of control over the money. Today, trusts can still accomplish that goal; however, they can also do much more. For this reason, even the average estate planner often includes at least one trust in his or her estate plan. For many people, they choose to include a living trust. To decide if a living trust might be a beneficial addition to your estate … [Read more...] about Why Should I Have A Living Trust?
