Client Alerts

home equity and lifestyle protection trust

We Could All Use a Little H.E.L.P. Trust

Dear Friends, Colleagues, and Clients, The journey of our entrepreneurs provides essential groundbreaking advancements for industry and society. Unfortunately, not all of those who follow this path are happy with some of the side effects that come with being a successful businessperson. While entrepreneurship offers many lucrative financial results, it does not come without risks that expose the entrepreneur to lawsuits, both legitimate and frivolous. Tech industry innovator Steve is […]

Continue reading
Oh, Give Me a Break!

Oh, Give Me a Break!

How One California Case Proves Having Asset Protection and Mitigation Structures in Place Can Prepare and Secure Your Business Dear Clients, Colleagues and Friends, Spencer owns a small business with approximately 100 employees. Spencer and his company are exposed, daily, to numerous sources of potential liability since every aspect of running the business is full of risks – from investing in new products and providing services to customers, to hiring and […]

Continue reading
Protecting the Equity in Your Residence

Protecting the Equity in Your Residence

Dear Friends, Colleagues, and Clients, The journey of our entrepreneurs provides essential groundbreaking advancements for industry and society. Unfortunately, not all of them who follow this path are happy with the destination – putting the entrepreneur at risk of lawsuits, legitimate and frivolous. Steve is just such an entrepreneur. Successful in his pursuits, Steve now has a large estate he wants to protect for his children – especially his Silicon […]

Continue reading
Complete Protection and Value for Your Company's IP

Getting Complete Protection and Value for Your Company’s IP

Protecting The Most Valuable Business Asset That You Have Dear Clients, Colleagues, and Friends, For decades, Harold has been building his business after starting it from scratch. He is now preparing to sell his company by identifying all of the company’s assets for a prospective buyer. Harold and his CFO identify the valuable tangible assets such as equipment, rolling stock, cash, equivalents, and accounts receivable. They chronicle the balance sheet […]

Continue reading
Does Your Estate Plan Protect Your Liquid Assets

Does Your Estate Plan Protect Your Liquid Assets?

Dear Clients, Colleagues, and Friends, Margery enjoys success in her business and has significant balances in her California bank. That is, until she gets sued. Because it is almost always cheaper to settle a tort case than to let it go to trial, Margery decided to go that route. Unfortunately, she had to settle for more than she would like because of the large amount of liquid assets that she […]

Continue reading
Updating your Estate Planning after divorce

Updating Your Estate Planning after Divorce

DON’T BE LIKE BOB Dear Clients, Colleagues, and Friends, Bob and Mary got married in 1993. Mary had one daughter, Jane, from a prior marriage. Even though Bob never officially adopted Jane, he treated Jane as if she were his daughter throughout the entire marriage. However, in Bob’s joint trust with Mary, she was referred to as “Bob’s wife.” Moreover, Bob’s Will referred to Jane as his “step-child”. The joint […]

Continue reading
The Malta Pension Plan

The Malta Pension Plan

How a little country south of Italy can help fund your retirement. Dear Clients, Colleagues and Friends,  Janet Weiss founded her software company shortly after she earned her MBA. Under her watchful eye, it grew from a two-person startup into a company valued at $75 million. Taking the time to enjoy her hard-earned success has become increasingly important to Janet. At the ripe old age of 49, Janet began to […]

Continue reading
IRC SEC. 1031 Exchanges on Hit List Under Proposed New Tax Laws

IRC SEC. 1031 Exchanges on Hit List Under Proposed New Tax Laws

Contact Your Congressmen and Senators Clients and Colleagues, I am reaching out to inform you that there is a particularly unfavorable proposal being considered relative to Real Estate investing. The Bill being considered would cap the amount of a 1031 exchange to a maximum deferral of $500,000 of gain. This will effectively repeal 1031 exchanges for commercial real estate. This could certainly curtail the number of sellers in the market, making it […]

Continue reading
The Sanders 99.5% Act's Estate Tax Proposal

The Sanders 99.5% Act’s Estate Tax Proposal

Use it or Lose it: The Sanders 99.5% Act’s Estate Tax Proposal On March 25, 2021, Senator Sanders and the Whitehouse formally proposed a bill which would make changes to the current estate and gift tax system. This bill apparently has some support among Democratic Senators and Congressmen. While it is the hope of many that this proposed law will not be enacted, it seems best to “plan for the […]

Continue reading
Big Changes to Trust Taxation Part II

Part II – Big Changes to Trust Taxation Could be Coming. Are You Prepared?

Dear Clients, Colleagues and Friends, A number of our readers contacted us to ask what ideas we had to combat this potential change. Here is one potential planning tip that allows you to have your cake and eat it too: With the possibility that the exemption will be reduced during the 2021 year and that it can be effective as of January 1, 2021, some tax practitioners are recommending that the trust receiving the $11,700,000 gift in early 2021 disclaim […]

Continue reading