Liza W. Hanks is the author of Every Californian's Guide to Estate Planning: Wills, Trusts, and Everything Else. She is a certified specialist in Estate Planning, Trust and Probate Law by the State Bar of California Board of Legal Specialization, a graduate of Stanford Law School, and coauthor of The Trustee's Legal Companion (Nolo). Liza is a partner at GCA Law Partners LLP, in Mountain View, California. She is also the author of the blog and podcast Life/Death/Law, www.lifedeathlaw.com, and Ask Liza: Nolo's Estate Planning Blog, http://blog.nolo.com/estateplanning.
Under the new tax plan, only the very wealthy need to worry about paying the estate and gift tax. But estate planning is still as important as ever for all of us. Here’s what you need to know about smart estate planning in the state of California.