Category Archives: Estate Tax

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

Gifts For Your Children: Selling or Transferring Property To Your Kids (Plus a Few Tax-Time Tips)

At this time of the year, we feel compelled to remind our followers of a couple of tax-time tips, all of which we have discussed several times in recent months: Recent changes to the law have forced financial institutions that … Continue reading

Posted in Estate Planning, Estate Tax, Gift Tax, Radio Show: Wealth Preservation and You, Residential Real Estate, Tax Law, Trusts & Estates | Tagged , , , , , , , , , , | Leave a comment

Whitney Houston Update; IRS Publishes “Fresh Start” for Struggling Taxpayers; California Residency

We are in the heart of tax season, so naturally we have recently been addressing many related issues. We wish we had time to discuss them all on our weekly radio and web broadcast on KDOW 1220 AM, and then … Continue reading

Posted in Asset Protection, California Trust Law, Estate Planning, Estate Tax, Family Law, Filing Your Tax Return, Income Tax, Probate, Radio Show: Wealth Preservation and You, Tax Law, Trust Administration, Trusts & Estates | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Celebrity and High Net Worth Estates; Complex Family Structures; the Competency Issue

The recent passing of Whitney Houston and Davey Jones has put the topic of celebrity estates in the news. Frequently, celebrities quickly obtain considerable wealth as a result of their achievements and the adulation bestowed on them. Sometimes, a beneficiary … Continue reading

Posted in Asset Protection, California Trust Law, Estate Planning, Estate Tax, Probate, Radio Show: Wealth Preservation and You, Trust Administration, Trusts & Estates | Leave a comment

Estate Planning for Special Assets: Family Business, Out of State Assets, Companion Animals, Trustee Duties

When we have previously discussed estate planning, we’ve primarily focused on situations that involve the basics of how to handle real estate or liquid assets like stocks and bonds, so your beneficiaries receive as much as possible of your estate … Continue reading

Posted in Asset Protection, Business Law, Estate Planning, Estate Tax, Partnerships, Radio Show: Wealth Preservation and You, Succession Planning, Trust Administration, Trusts & Estates | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Living Trust And Estate Tax Laws May Change. Will Your Estate Plan Still Be Appropriate?

We have recently written about living trusts, and their impact on estate taxes, but we feel the need to address this topic again, because of the uncertainly concerning the current federal estate tax laws, which expire at the end of … Continue reading

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Special Needs Trusts for Children and Elderly Require Careful Estate Planning and Long-Term Financial Considerations

As a part of our recent focus on trusts and estates, the topic of our most recent radio program on Saturday afternoon was Special Needs Trusts, which are becoming a much more frequent part of family estate plans. We covered … Continue reading

Posted in Estate Planning, Estate Tax, Family Law, Tax Law, Trust Administration, Trusts & Estates, Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 2 Comments

HARP and Other Options for Underwater and Troubled Real Estate in Your Estate Planning

This past week brought a bit of relief to a portion of the millions of American homeowners whose home mortgages are “underwater” when the White House announced revisions to the Housing Affordable Refinance Program (HARP). The changes to HARP, which … Continue reading

Posted in Distressed Property, Estate Planning, Estate Tax, Short Sale, Strategic Foreclosure | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Estate Tax Form 706 Is Ready For 2010 Along With Extended Deadline For Filing Return

We recently wrote an article about estate taxes, which mentioned that we would have to wait and see what changes to the law would be enacted. The wait is now over, because last week the Internal Revenue Service published on … Continue reading

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