For the safety of our community, clients and staff, we have suspended all in-person meeting effective March 17, 2020. All consultation meetings will be via Phone or Zoom Video Conferencing. Please contact us at 925-484-0888 or email us directly at [email protected] to schedule the consultation.
Get
Started
Not every inheritance involves paying estate taxes, but some estates rise above the federal exclusion amount. California residents that feel familiar with state and federal tax rules might not realize changes could happen. Namely, proposals intended to raise tax...
As the holidays swiftly approach - and just as swiftly, will depart - warm thoughts of family gatherings combine with other year-end considerations. While, for some, the joy of the season is overshadowed by thoughts of wrapping up the calendar year for tax purposes,...
For many families, planning for a transfer of wealth is something they may think about, but never take the time to act upon. Unfortunately, this failure to establish a proper estate plan can significantly affect a family's long term financial stability and can lead to...
Contrary to popular misconception, small businesses are frequently targeted by the Internal Revenue Service for tax audits. As anyone who has ever been through a tax audit knows, the experience can be a major ordeal - even for those who have done nothing wrong....
The new tax law may result in a need to update your estate plan. President Donald Trump followed through on his promise to push forward a new tax plan. The new tax has led to numerous changes. These changes likely impact everything from your paycheck to your estate...
While it is true that most people do not like to contemplate their own passing, it is something they must do if they want to ensure their estate is in order and will be properly administered - particularly if significant assets are involved. For most, there are...
Parents who want to avoid disputes after their passing have at least one great option that they can use to do prevent them. It's a simple solution: giving gifts while they're still alive.While parents may want to leave inheritances to their children, it's a good idea...
Here’s an initial point to note concerning today’s above-posed blog headline: You unquestionably do need to spotlight all foreign financial holdings you control and ensure legal compliance with Internal Revenue Service mandates. If you don’t, there will literally be a...
The idea of estate taxes can be troubling. If you have extensive property that has a value of $10 million or more (if you are married), estate taxes can become a very real concern. However, for some people, estate taxes are never an issue. When you pass, the last...
OK, a suitable preface to today's blog post is certainly an up-and-front disclaimer that its subject matter is not exactly egalitarian.That is, what follows is not going to readily apply to most readers of this or any other tax blog. Nonetheless, we believe that the...
After writing a will, one of the next steps is to name the executor of an estate in California. This person is placed in a high position of trust and assigned a list of sole responsibilities to fulfill. The estate executor has a good number of tasks that starts with...
You've heard it said that we can't "take it with us" when we pass away. This means we'll likely leave behind lots of documents, financial obligations, or possessions for loved ones to take care of when we die. When you assign someone in your family to take care of...
Although many Californians tend to put it off, estate planning is one of the most important things you need to do during your lifetime. This task is even more crucial as you get older. As most people are inexperienced with the process, they can easily make mistakes....
View More Blog Posts