In our recent newsletter, Katie A. Lindsey, Esq., Certified Specialist in Estate Planning, Trust, and Probate Law, explains why it is critical to plan for how separate property is distributed at death. Without a plan, California’s intestacy rules will determine where your assets go (and the results are not always what a family would expect.)…
In our recent newsletter, Nate Loftin, Esq. highlights Proposition 19 Adjustments and 2025 tax law changes that may impact your California estate plan. Sign up for our newsletter at the link below to stay informed of the latest policy shifts. Proposition 19: Adjusted Exclusion Amount The California State Board of Equalization announced a 2.15% increase…
In our latest newsletter, we dive into key legislative developments and highlight the timely steps you can take to protect and strengthen your financial future. We begin with an overview of President Trump’s early tax priorities as he begins his new term, including potential changes that could impact both individuals and business owners. Then, we…
In our recent newsletter, Nick Carrigan, Esq. highlights 2025 tax and policy shifts — and what they mean for your estate and financial plans. We’ve outlined a few of the key takeaways below and encourage you to read the full version of this informative article at the link below. Plus, be sure to sign up…
Joint real estate ownership allows the property to bypass probate and pass directly to the other owner(s) upon death. However, it’s important to note that joint property ownership can lead to unintended consequences despite its appeal for succession planning. Let’s discuss these potential complications further: Financial Risks of a Co-Owner’s Debt Any debt or obligation,…
The Wall Street Journal (Julie Zauzmer Weil) 8/5/24 published an article titled “The IRS has opened its free tax filing for all states. Which ones will join?”. The article discusses how, in 2024, the IRS offered 12 states the chance to try Direct File, a new free tax tool allowing taxpayers to file federal taxes directly…
Our July newsletter brings to you the potential tax policies of the next administration that could have a major impact on your personal wealth and estate planning strategies. Then, we discuss all things estate planning for vacation properties. Lastly, we discuss passing down sports memorabilia in your estate plan. How Potential Presidential Policies Could Shape…
Many individuals choose to incorporate a charitable bequest into their estate plan. For some, this decision stems from a deep sense of altruism; for others, the drive is the significant financial advantage. Yet, for the vast majority of donors, the charity they leave behind represents a harmonious blend of both motivations. Including charitable donations in…