What Is Probate?
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,…
Probate and Trust Litigation Has Doubled in Southern California
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…
Law Stein Anderson to Participate in the 2023 Walk4ALZ
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…
Polselli v IRS. What Will the Supreme Court’s Decision Be?
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…
Probate Theft and How You Can Avoid It
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…
A Scenario Highlighting the Court’s Drastic Change to Conservatorship
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…
The ULA Tax and What It Means for You
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…
March Local News Update
Tax Deadline Extension Please be advised: The tax deadline has been extended to October 16 for disaster area taxpayers in California to file various federal individual and business tax returns and make tax payments. Local…
The Fight Over Lisa Marie Presley’s Estate – What’s Happening and How Can You Avoid This
A Trust Dispute It made headlines when Lisa Marie Presley, daughter of the great Elvis Presley, suddenly passed away on January 12, 2023. However, shortly after that, the headlines quickly shifted to the dispute over…
Transparency During the Trust Administration Process
When a loved one passes away, the successor trustee distributes the assets according to the decedent’s last wish. During that time, emotions are high, and things can become contentious and potentially lead to a lawsuit…
Did You Know That a Trustee Has Tax Duties?
A trustee takes responsibility for managing money and assets set aside in a trust for the benefit of another person. Along with this financial responsibility comes tax duties. A trustee must file complete and accurate…
Deciphering the SALT Workaround
The state and local tax (SALT) deduction permits taxpayers who itemize when filing federal taxes to deduct certain taxes paid to state and local governments. However, the 2017 Tax Cuts and Jobs Act imposed a…
Litigation vs. Mediation vs. Arbitration – what is the best route for you?
By Matthew G. Stein, Esq. As a trial attorney, I often advise my clients that cases are won or lost on the opening statement – after that, you have very little control in a trial…
Trustee Duties When Trustor Is Incompetent
So, you’ve found yourself in the position of trustee and are managing your loved one’s estate while they are still alive. What are your duties to account to the eventual beneficiaries of your loved one’s…