Estate Planning

Close of the Year Checklist

Close of the Year Checklist

Is your employee handbook updated? There were substantial changes to employment laws in 2021 with more being implemented in 2022. Are your corporate filings up-to-date and are your records current? Are you aware of new federal reporting requirements for 2022 and prepared to comply with the new rules? Have you considered the California state and …

Close of the Year Checklist Read More »

Paying bill

Portman-Cardin bill includes IRA Preservation Act

Attorney Aaron Hegji of Lobb & Plewe, LLP, and a director of the Coalition For American Retirement (CFAR) is pleased to announce that legislation prepared by the CFAR is included in the Portman Cardin retirement savings bill (the Retirement Security and Savings Act) introduced by senators Rob Portman, R-Ohio, and Ben Cardin, D-Md. The senators …

Portman-Cardin bill includes IRA Preservation Act Read More »

Trust

Trustees Responsibility when Trustee has Sole and Absolute Discretion

A trustee is bound by the terms of the trust agreement. The performance of his or her duties, including and especially making distributions to beneficiaries, must strictly comply with the trust terms. However, more and more trusts, especially those utilizing advanced estate, tax, and asset protection planning techniques, provide an independent trustee with sole and …

Trustees Responsibility when Trustee has Sole and Absolute Discretion Read More »