Christopher B Johnson Attorney At Law

CHRISTOPHER B. JOHNSON
ATTORNEY AT LAW
(888) 838-8771

27
DEC
2016
real estate plan on business folder showing buy a house concept

What Happens When the Testator of a Will Made a Mistake?

A will is one of the most important legal instruments a person will ever make, and so it should go without saying that ensuring the will is thoroughly accurate can be critical to the beneficiaries’ ability to receive the property meant for them in a timely manner. If a testator...
20
DEC
2016
will, pen and glasses

How to Prove Undue Influence on a Will in California

A person is generally free to give their property to whomever they please via a will, aside from certain rules relating to providing for spouses such as California’s community property rules. But when a testator (the person who makes the will) makes or changes a will due ...
14
DEC
2016
update concept

When Is It Time to Update Your Estate Planning?

For many people, it can seem like no time is a good time to take the steps necessary to update their estate planning, or even to take the initial estate planning steps. Between work, family and kids, uncertainty about the future and specifically your finances and the economy as a...
08
DEC
2016
Debts - Folder Register Name in Directory. Colored, Blurred Image. Closeup View. 3D Render.

Do My Beneficiaries Have to Pay Off My Debts?

Ideally, a person who lives a long life will get to a place where they are no longer burdened by debt such as mortgages, credit card debt, student loan debt, or other types of debt. But more and more Americans are followed by debt throughout their life, and there is of course...
22
NOV
2016
Close up of laptop computer with abstract open bank vault door on screen. Light background. Online banking concept. 3D Rendering

New CA Law to Govern Handling of Online Accounts Upon Death

You already know that your will and other testamentary instruments decide what happens to your property when you die, but what happens to everything that you’ve left online: social media accounts, email accounts, Amazon accounts, personal websites, and so on? This has been an...
14
NOV
2016
Financial security. Golden coins and padlocks.

How Estate Planning Can Help Your Loved Ones Make Money After Death

There are a lot of theories and beliefs about what happens to us after we die, but one thing we know for sure is that death puts a definite crimp on our ability to go out and put in a solid day’s work at the office. That said, for entrepreneurs and investors who make the right...
04
NOV
2016
IRS Headquarters Sign in Washington, D.C.

IRS Announces New Gift and Estate Tax Exemption Limits for 2017

In late October, the IRS announced that it would be raising the lifetime gift and estate tax exemption limits from $5.45 million per individual (or $10.9 million for a couple) to $5.49 million per individual (or $10.98 million per couple). Although the change may seem small at...
21
OCT
2016
Close up of female and male hands protecting a paper chain family. Top view of two hands form a circle around white paper chain family on wooden table. Family care, insurance and helping hand concept.

Can a Child Born After a Will is Created Inherit?

If you created a will and later sired or adopted a child, or if you are the child of a recently deceased parent or currently living parent who made a will before you were born, you may rightly be wondering how California law treats the child in such a scenario. California law...
17
OCT
2016
distribution of my estate

How to Prevent Executors From Making These Common Mistakes

If you have already named an executor for your estate, then you have taken the first steps to making sure your family and loved ones will be taken care of after your passing. But, unfortunately, many executors end up making costly mistakes which lower the value of the estate you...
11
OCT
2016
House and calculator on white background

New Regulations May Limit How the Wealthy Can Lower Their Estate and Gift Taxes

The federal estate and gift taxes affect only a small percentage of citizens, but, for those that are affected, the 40% tax rate on both estate and gift transfers over a certain is significant to say the least. For decades, wealthy individuals holding significant business...