Tax Planning Archives - Law Stein Anderson, LLP

Estate Planning | Tax Planning

Sudden Wealth Syndrome: Estate Planning Strategies Every California Lottery Winner Should Know
ByLaw Stein Anderson, LLP March 2, 2026June 22, 2026

By Erin M. Beranek, Esq. California lottery winners face unique estate planning risks, including probate exposure, public disclosure, community property complications, and significant tax liability. Sudden wealth can also create family tension, creditor vulnerability, and long-term management challenges. Proactive planning using trusts, structured ownership, generational subtrusts, and coordinated tax strategies helps protect privacy, preserve wealth,…

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Аttorneys | Estate Planning | Tax Planning

Year-End Gifting and the Annual Gift Tax Exclusion
ByLaw Stein Anderson, LLP December 23, 2025June 22, 2026

By Bryan K. Johnson, Esq. As the year comes to a close, many people hear about the annual gift tax exclusion and wonder whether making a year-end gift is worth the effort, especially if time is short. Even simple gifts, when used consistently, can play an important role in reducing potential future estate tax exposure. For 2025, individuals may…

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Аttorneys | Estate Planning | Tax Planning

Year-End Tax Planning: Important Tax Savings Before December 31
ByLaw Stein Anderson, LLP December 22, 2025June 22, 2026

By Desiree F. Rivera, Esq. The end of the year is an important time to evaluate tax efficient gifting strategies and ensure your estate plan remains aligned with upcoming federal changes. With major shifts to the federal estate tax exemption scheduled for 2026, proactive planning before December 31, 2025, can provide meaningful long-term benefits. Read below for an overview of key year-end planning opportunities and upcoming changes that…

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Аttorneys | Estate Planning | Tax Planning

California Estate Planning: Why Separate Property Planning Matters
ByLaw Stein Anderson, LLP September 18, 2025June 22, 2026

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.)…

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Аttorneys | Estate Planning | Tax Planning

California Estate Planning Update: Proposition 19 Adjustments and 2025 Tax Law Changes
ByLaw Stein Anderson, LLP July 1, 2025June 22, 2026

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…

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Estate Planning | Tax Planning

Spring Cleaning & Planning: Financial Style
ByLaw Stein Anderson, LLP May 16, 2025June 22, 2026

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…

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Аttorneys | Business Planning & Succession Planning | Estate Planning | Tax Planning

Is Your Estate Plan Ready for 2025’s Tax and Political Shake-Up?
ByLaw Stein Anderson, LLP May 1, 2025June 22, 2026

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…

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Estate Planning | Tax Planning

Potential Pitfalls of Joint Property Ownership
ByLaw Stein Anderson, LLP September 11, 2024June 22, 2026

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,…

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