You work hard to collect, save, and invest assets throughout your life. However, it can be easy for creditors to try and file claims against the assets you own, especially if you made accidental mistakes in paperwork or details along the way. This can jeopardize all the different assets you have managed to acquire over […]
Why Is Asset Protection Important? Read More »
Authored by Mark Lobb Charles Darwin has many great quotes, but one of my favorites is as follows: “It is not the strongest of the species that survive, not the most intelligent, but the one most responsive to change.” You may have put a great planning structure together at one point which was considered “strong”
Authored by Michael J. DeSantis Earlier this month, the United States Court of Appeals for the Ninth Circuit recognized that the Federal Arbitration Act (“FAA”) permits mandatory arbitration agreements that are a condition of employment and preempts California law on the issue, a major win for California employers. Mandatory arbitration agreements used to be the
Authored by Tim R. Plewe The IRS recently issued an extension of the 45-day and 180-day deadlines for 1031 exchanges for taxpayers residing in, or whose principal place of business or books and records are located in counties affected by the recent severe winter storms, flooding and mud slides throughout California (listed below). The 45-day
Update on 1031 Exchanges – Irs Extends Deadline for Some California Residents Read More »
Authored By Kristin Gifford Asset protection is crucial to keeping your assets protected against creditors who may be legally attempting to seize them. Through careful planning, your estate or business can efficiently manage its assets and prevent certain parties from getting hold of them. Creditors can take assets from families if they can produce any
What Is the Best Form of Asset Protection? Read More »
Authored by Mark Lobb Along with California: “The Good, The Bad and The Ugly” Last year saw the demise of the Build Back Better act which promised increased taxes and the gutting of traditional estate planning. Significant changes in tax and estate planning are not likely to occur in 2023 at the federal level. States
2023 Updates on Tax, Estate and Gift Planning Read More »
Authored by Kristin Gifford and Natalia Mowery While California offers beautiful weather year-round, with the high cost of living and often ability to work from home, our firm has witnessed a rising number of Californians moving away from the Golden State. To be sure to avoid unwanted California State tax, exiting Californians should carefully plan
A Californian’s Move to Nevada Read More »
If you are looking to minimize the risk of losing assets to creditors, lawsuits, or other legal challenges, then it is vital to be informed about asset protection. Asset protection is a legal strategy that is used to safeguard assets. There are various techniques that can be used in asset protection, such as establishing trusts,
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The most recognizable type of law is found in court, with two or more parties battling against each other to come out on top in the case. However, there are many facets to the law and just as many types of lawyers to handle those areas. Many of these areas of law will not typically
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Lobb & Plewe 2022/2023 Legal Checklist This checklist is not comprehensive of all the new laws affecting our clients in 2023, but it does include many of the changes requiring consideration. If there is a specific concern not addressed here, feel free to contact me. Employment Law: Across the United States, minimum wage ordinances have been
Checklist for End of 2022 and Start of 2023 Read More »
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