Friday, 5 June, 2026
One of the most significant tax developments of 2026 is the continued expansion of federal estate tax relief under the One Big Beautiful Bill (OBBB). As a result, many American families—including most Vietnamese-American households—will likely never owe federal estate taxes. Unfortunately, that does not mean estate planning can be ignored. […]
If you live in California, setting up a living (revocable) trust is wise for estate planning — it can help your heirs avoid the delays, costs, and publicity of probate. But California has its own rules and thresholds, especially around vehicle titling, DMV requirements, estate value limits for simplified transfers, […]