Did Circumstances Change? Perhaps Your Irrevocable Trust Can Too.
Just by virtue of the name, “irrevocable” living trust, one would assume this is something that cannot be revoked, changed, or terminated. In fact, if you are the person who created the trust, you should…
How to Avoid These Elder Financial Abuse Scams
“Hi Grandma, it’s me. I am in a bit of a bind and need you to send me money immediately please.” “We are contacting you because you have the same name as the deceased who…
Super! Rising! New!
As we begin the summer and start to move into the back half of 2020, we sincerely hope this newsletter finds you safe and well. During these past few months we have continued to work…
Is Your Estate Plan Secure with the New SECURE Act?
The Setting Every Community Up for Retirement Enhancement (SECURE ACT) is intended to help people save for retirement. Most significant are the changes to Individual Retirement Accounts (IRAs), which could help many older Americans save…
Should I Update My Estate Plan Now? How About Now?
Is now a good time to update my estate plan? The answer is more than likely, yes. Knowing when to update your estate plan is probably not something that is at the top of your…
Just Like Kobe Bryant’s Daughter, Kids Have Rights in the Family Trust
Since Kobe Bryant’s tragic passing earlier this year, his wife recently realized their infant daughter was not included in his trust. In the Bryant family trust case, and others we’ve experienced, more than likely the…
So What’s the Difference Between a Living Trust & an Irrevocable Trust?
“Why wouldn’t they just form a living trust and put their house in it? After all, once that is done, their house is safe because the trust provides asset protection.” Unfortunately, this is a common…
Show Me The Money, Accounting of Trust
The story always starts the same, “there was supposed to be money, but we don’t know what happened.” For a vast majority of inheritance disputes, compelling the trustee to provide the beneficiaries with an accounting…
What You Didn’t Know About Law Stein Anderson
We want to take a moment to thank you for trusting us as your legal counsel and share a few more details about our diverse practice areas. We know you have a choice and we…
Does Your Current Estate Plan Make Sense in Light of the Recent Changes to Tax Laws?
By R. Zebulon Law, Esq. LL.M., CPA & Christina M. Chan, Esq. On December 22, 2017, President Trump signed H.R. 1, the Tax Cuts and Jobs Act. Part of the law concerns the estate tax exemption…
Tax Cuts and Jobs Act of 2017
By R. Zebulon Law, Esq. LL.M., CPA This morning (December 22, 2017), President Trump signed H.R. 1, the Tax Cuts and Jobs Act. This is the most significant tax legislation in 30 years, and we…
New Deed Recording Tax
Dear friends, family and clients: We wanted to make you aware of a recent legislative change that will go into effect in the new year. The California State Senate passed the Building Homes and Jobs…
IRS Extends Portability Deadline
November 2017 Law Stein Anderson LLP wants to remind our clients, friends, and families that on June 26, 2017, the IRS issued Internal Revenue Bulletin 2017-26, which essentially extended the deadline to file certain estate…