How Much Time Do You Have to Complete a 1031 Exchange?

by admin | Sep 5, 2022 | Estate Planning

Consider this scenario: You hear the market is hot, and you decide to swap out a property you own for a new one. Possibly to create more revenue, perhaps because it’s closer to you geographically, or because you want less maintenance to perform. In any of these...

Does a 1031 Exchange Avoid California Taxes?

by admin | Aug 15, 2022 | Estate Planning

Managing real estate investments in California is fraught with difficulties. Having to worry about tax liability while you are dodging legislative hurdles – rent control, local government planning commissions, and short-term eviction bans – counters most...

The Differences Between Revocable and Irrevocable Trusts

by admin | Aug 1, 2022 | Estate Planning, Family Law

You have probably seen someone– a non-lawyer likely– selling living trusts, offering numerous promises, including “saving money,” avoiding probate, and reducing or avoiding taxes. Some salespeople will say that living trusts ensure privacy or can be used to prevent...

Upstream Basis Planning – The Smart Way to Reduce Your Taxes

by admin | Jul 18, 2022 | News

There are various ways to reduce your taxable income, including a number of significant tax deductions, credits, and exclusions to look at. While there are dozens of deductions available to choose from, one that often gets overlooked is the option to reduce your...

Problems with the Enforcement of Prenuptial Agreements

by admin | May 24, 2022 | News

The Character of Premarital Agreements Despite the negative impression left from B-movies premised around messy divorces, the general intent of premarital agreements (commonly known as prenup agreements) is to foster conditions that will help preserve an upcoming...