Are you concerned about the future of your assets? Estate planning is the process of planning how your assets will be handled after death. It usually involves signing a will and a trust. You also sign a healthcare directive and power of attorney that take effect if you become incapacitated. It’s important to know that…
Probate is a legal process that occurs after someone dies. It’s a court proceeding that is time-consuming, complicated, and costly. However, it’s required to appoint legal title to assets at death. During a typical probate, the court oversees the distribution of a deceased person’s assets. The process usually starts with submitting a will and a…
Did you know probate and trust litigation has doubled in Southern California over the past ten years? The death of a loved one is a traumatic experience. Sometimes a parent dies without a will, or the family disagrees over the terms of a will or a trust. When these disagreements can’t be resolved, probate or…
Law Stein Anderson Is Excited to Participate in the 2023 Walk4ALZ Our firm and many of our family and friends are participating in Walk4ALZ April 1st at Angel Stadium. The firm has proudly raised over $1500 to help local families battling dementia in Orange County. We look forward to participating in this event, as supporting…
Polselli v IRS. What Will the Supreme Court’s Decision Be? According to the IRS, Remo Polselli underpaid his federal taxes for over ten years. He currently owes $2 million in taxes. In the search for his assets, the IRS issued summonses demanding records from his wife’s bank and the law firm’s banking records where he…
What Is Probate Theft? Probate theft, also called inheritance or estate theft, refers to the theft of property or assets belonging to an estate during the probate process. Probate is the legal process by which an estate of a deceased person is administered. Part of this process is the distribution of property and assets. When…
The story starts just like any other. Mom, who had been diagnosed with dementia a couple of years prior, met a man while out on a walk (we’ll call him “Stranger”). Within a couple of weeks, Stranger moved into Mom’s house and professed his love to Mom, and proposed. Mom was a widow and, between…
The ULA Tax April 1st, 2023, marks the day California’s housing bill, United to House L.A. (ULA), takes effect. The housing bill was created to fund more affordable housing to decrease homelessness in California. However, with this bill comes a much higher sales tax on property that exceeds $5 million dollars in value. What Does the…