The cash might be used to pay an anticipated estate tax bill. This could also be done to equalize the inheritances for different heirs. It could also be done to have the cash available for a trust that is to be created for charitable or other purposes.

An important takeaway to keep in mind is that McMahon’s stock sale illustrates that when making estate plans you are not limited to what you can do with your assets. You can adjust them as necessary to make your plan more effective.

Do You Need to Speak With an Estate Planning Attorney?

If you need to speak with an experienced estate planning lawyer, please contact us online or call us directly at 800.756.5596 to first register for one of our free, informative seminars. Your attendance will qualify you for a special discount for our estate planning services should you decide to make a free appointment at the conclusion of the seminar and choose to proceed with us. Our estate planning law firm proudly serves clients throughout California from our main office in Torrance, as well as those in Redondo Beach, Manhattan Beach, Hermosa Beach, Segundo, San Pedro, and Rancho Palos Verdes.

Philip J. Kavesh
Philip J. Kavesh
Nationally recognized attorney helping clients with customized estate planning guidance for over 40 years.
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