If you invest in real estate, you need to know the rules regarding “dealer” status. If you are classified as a dealer, you cannot take advantage of tax deferred exchanges. Furthermore, your income from the sale of properties will be taxed at ordinary income tax rates instead of the more favorable capital gains rates. Here […]
As a lawyer with extensive trust administration experience in San Mateo County, I have seen that the death of a loved one, particularly if the deceased is a spouse or parent, is one of the most difficult periods in a person’s life. At a time when the survivor is already struggling with loss and grief, […]
It is never pleasant when a business downturn requires you to lay off employees. Particularly if you expect a turnaround, you may be thinking that a short-term furlough (working 4 days a week instead of 5) would be a better option for all parties: you get the needed cost reduction, and your employees aren’t completely […]
Wills and trusts lawyers in Menlo Park frequently get inquiries about arrangements for long-term care. Life expectancy continues to rise, due in part to more effective treatments for diseases previously thought to be terminal. This is great news, but with a larger elderly population, new dilemmas arise, including uncertainties related to assisted and rehab care […]
Depending on your family’s lifestyle, your teenage children may already have an idea of what would happen if you and your spouse were to pass away. They may not know the exact dollar amount of the money that they would inherit, but they probably have an idea of who they would live with and that […]
Trusts lawyers in the San Francisco Bay Area are seeing a growing number of online websites offering Do-It-Yourself legal documents and estate planning software. Surprisingly, most attorneys will tell you that there are some everyday forms where this do-it-yourself approach makes good sense. However, when it comes to wills and trusts, a poorly executed document […]
Starting in July 1, 2011 all existing single-family homes that have fossil-fuel burning appliances, fireplaces, and/or an attached garage must install a carbon monoxide detector. As of January 1, 2013, all other types of housing, such as apartments and hotels, must have one installed. The detector must sound an audible warning once carbon monoxide is […]
In the midst of finding the perfect dress, choosing a venue, and tasting countless cakes, Menlo Park newlyweds often overlook the importance of finding a reputable wills and trusts lawyer. It’s easy to get caught up in planning for the wedding and to forget about planning for the marriage! Really, though, the beginning of your […]
There are some new rules for 2011 in determining whether your foreign corporation or foreign LLC is subject to California state taxation. A foreign company (foreign corporation or foreign LLC) is a company that is organized in a different state. Many people form their companies outside of California, either because they are engaged in business […]
Comments (4)
Here in the San Francisco Bay Area, living will attorneys know full well the ramifications of not planning ahead for an unexpected disability. Even those clients who understand the importance of estate planning tend to overlook what would happen if they should become unable to care for themselves. It’s not the happiest thought, but the […]
Contact Us