Author Archives: Staff

California Property of Deceased Overseas Owner Affected by Probate Code of Foreign Country

As a melting-pot state with many ties to Asia and Latin America, it is a fairly common for property in California to be owned by a foreign company or individual. If a deceased citizen of another country owned property in … Continue reading

Posted in Estate Planning, Overseas Assets, Probate, Trusts & Estates | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

Should a CPA be an Estate Trustee for a Client?

We recently encountered a situation in which a successful businessman, who had accumulated significant wealth during his career, felt he was a danger to himself, because he was an alcoholic and he had a couple of car crashes while driving … Continue reading

Posted in Asset Protection, California Trust Law, Estate Planning, Trust Administration, Trusts & Estates | Tagged , , , , , , , , , , , , | Leave a comment

Real Estate Property Transfers In California: Reasons, Methods and Issues

Even though the number of home sales has diminished in recent years, many people are still transferring real estate property for a variety of reasons. The most common type of property transfer is for a parent who transfers the title … Continue reading

Posted in California Real Estate Law, Estate Tax, Gift Tax, Residential Real Estate, Tax Law, Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Professional Tax Advisers and Acceptable Opinions; Underwater Homes and Mortgage Relief

Advice is worth the price you for it. Free advice can sometimes actually be very valuable, depending on the source, but doing sufficient authoritative research to verify the facts is always worth the time and effort required. We recently had … Continue reading

Posted in Distressed Property, Estate Tax, Filing Your Tax Return, Income Tax, Loan Modification, Tax Return Preparation | Tagged , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Trust Administration: Gifts and Personal Possessions, Internal Family Litigation, Elder Abuse

Family dynamics can be difficult to manage in the best of times. When the assets of an inherited estate are at stake, they can be even more problematic, especially when a complex family structure that includes children from multiple marriages … Continue reading

Posted in Estate Planning, Family Law, Trust Administration, Trusts & Estates | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

Do You Need a Tax Attorney When You are Audited by IRS or When You Start a New Business?

Now that the season to file tax returns has ended, many people may become concerned about whether some aspect of their return might draw the attention of the Internal Revenue Service (IRS) and lead to an audit. This leads to … Continue reading

Posted in Business Law, Corporate Taxes, Family Law, Filing Your Tax Return, Partnerships, Personal Attorney, Radio Show: Wealth Preservation and You, Starting a New Business, Tax Law | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment