Client Alerts

Client Alert

Protect Your Business and Prepare a Digital Assets Plan

Every business relies on digital accounts in daily operations in one way or another. As the owner of a company, you depend on a bank, bill payment, and other online financial accounts. But what happens if you become incapacitated or pass away? Suddenly, the business that you have worked to build over the years is thrown into a place of limbo in your absence. Your company ceases operations as they […]

Continue reading
Family Fun

Right Time, Right Information: When Should Parents Talk to their Children about Family Wealth?

Dear Friends, Colleagues, and Clients: Have you wondered when you should discuss your family wealth with your children? Does the idea of such a discussion feel like a dark cloud hanging over you? Luckily enough, it doesn’t have to! Take a look at our brochure and find out when breaking down the details will be most effective: Beneficiary Brochure

Continue reading
Client Alert

Preparing For An Initial Consultation

Our firm is unique in the services we offer. We often deal with a substantial amount of assets and every individual and family has different estate planning and asset protection goals. If you anticipate attending a consultation with any attorney and you have significant assets, you may need to prepare for an initial consultation a little differently than other clients. Here are some tips to stay proactive from the onset. […]

Continue reading
Client Alert

Primary Residence Can Be Transferred Between Generations

In California, real property is reassessed at market value if it is sold or transferred. If the property has been in the family for a long time, the resulting tax hike can be dramatic. Thanks to two voter-approved constitutional amendments, property transferred between parents and children, or grandparents and grandchildren if both parents are dead, do not have to be reassessed and the property tax increase will be minimal – […]

Continue reading
Client Alert

Is It Worth It To Create A Family Limited Partnership?

Trusts are valuable tools to protect your estate. However, trusts do not allow you to protect your assets while you are still alive. In order to secure what is rightfully yours and protect your assets, you will need to begin thinking outside of the box. Many individuals and couples turn to Family Limited Partnerships (FLPs) as an advanced asset protection measure to do so. Here is a brief overview of […]

Continue reading
Halloween

Don’t Let Your Past Haunt You*

Dear Friends, Colleagues, and Clients: Meet Dennis. In high school, his senior class voted him “most likely to throw an epic party,” and he took that mantle to college, dropping out after only three semesters due to partying too hard and studying too little. Unmoored and unhappy, Dennis took a low-level job as a video game programmer, learned coding, and found his ultimate calling in life. Just ten years later, […]

Continue reading
Client Alert

Protect Your Assets With A Private Retirement Trust (PRT)

You have spent your entire adult life contributing to your employer-sponsored retirement account and it has ballooned quite significantly over the years. With retirement on the horizon, you and your partner begin planning for the next chapter in your lives. What could go wrong? Tragically, you are involved in a horrific car crash and must undergo countless physical therapy sessions and doctors’ appointments to recover. After several months in recovery, […]

Continue reading
Client Alert

Have You Considered Creating A Foreign Asset Protection Trust?

Nearly a dozen states permit the creation of domestic asset protection trusts (DAPTs) to shield their assets. Unfortunately, California is not one of them. However, you do have the option of creating a foreign asset protection trust (FAPT.) FAPTs offer various asset protection benefits that DAPTs cannot and there is a reason that they continue to rise in popularity. One of the greatest reasons is that FAPTs are not governed […]

Continue reading
Client Alert

Why estate planning is different for women

Depending on the size and value of your estate, the estate planning process can be quite complex. However, it is not only the value of your estate that affects how you should design your estate plans. If you are a woman, you need to approach the estate planning process a little differently. There are a few reasons for this. On average, women live 4.9 years longer than men. A longer […]

Continue reading
Client Alert

Beware Of Executor Misconduct

Executors are entrusted to administer an estate and fulfill their fiduciary duties under the law. Unfortunately, executors can breach these duties and leave beneficiaries to pay the price. Often, executors will go to great lengths to cover up misconduct. As the beneficiary of your late loved one’s estate, it can be a good idea to know how executors can breach their duties to prevent your inheritance from being compromised. Here […]

Continue reading