Mark Lobb

Mark Lobb is the founding and Managing Partner of Lobb & Plewe, LLP and heads the firm’s Private Clients Group in Corona, California. Practicing since 1990, he advises high-net-worth entrepreneurs, their businesses, and families on estate planning, asset protection, taxation, and succession planning. Mark appears in state and federal courts, including the Ninth Circuit and U.S. Tax Court. He is active in the Riverside County Bar Association and serves on nonprofit boards, including as president of a hospice nonprofit.

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California’s New Independent Contractor Classification Test

The continued attacks by California’s legislature and courts on businesses and their owners’ ability to operate in this state has reached a new low. On April 30, 2018, the California Supreme Court virtually eliminated businesses’ ability to utilize independent contractors through its decision in Dynamex Operations West, Inc. v. Superior Court. If anyone currently works

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Nevada’s Tax Scheme

If considering migration from California, naturally the most logical question that follows is: ” To where?” As many of our clients choose Nevada, so many that we opened a new office in Nevada and joined the Las Vegas Global Economic Alliance, we prepared the following summary of Nevada’s tax scheme. Nevada does not tax personal

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Migration Options

We view a migration out of California as possible within three different areas of your life. Each area may be migrated on its own, or in combination with the others. A complete migration from California would involve all three areas. The areas are your personal residence, the residence of your financial assets (or other personal

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Migration in Business

Migrating from California is a long-standing, proven solution to the problems arising from California residency. Consistently since before 1990, each year, more people leave California than move to California (http://lao.ca.gov/LAOEconTax/Article/Detail/265). Certainly the motivation and causes for these moves vary from individual to individual, but if you’re interested in saving on California taxes, saving on taxes

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Tax Considerations and Analysis When Moving Your Business Away From California

Our firm has experienced many clients move their companies away from California in recent years. Typically the shareholders focus on the logistics of the move but do not fully grasp the tax consequences before making the move. The tax consequences for a company moving operations away from California, either partial or total, are anything but

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BUILDERS RIGHT TO OFFSET

FREQUENTLY ASKED QUESTIONS In May of 2018 the California Supreme Court published a ruling which gives clarity to the application of the prompt payment statutes as applied to construction industry contracts. The case focuses specifically on the application of a builder’s right to withhold funds owing to a subcontractor when a dispute has arisen between

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Asset Protection Trusts

Domestic v. Foreign Jurisdiction Issues and Analysis There is a surge in promoters selling foreign asset protection trusts, otherwise referred to as offshore trusts, to wealthy U.S. citizens and business owners. There are times when offshore trusts are useful but those instances are rare for a U.S. citizen. The utility in using offshore trusts increases

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