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The Advisor2018-08-20T01:39:31+00:00
104, 2019

Simplify Your Estate Planning Trust

By |April 1st, 2019|Categories: Estate and Tax Planning, The Advisor, Uncategorized|Comments Off on Simplify Your Estate Planning Trust

Simplify Your Estate Planning Trust March 2019   The Tax Cuts and Jobs Act of 2017 raised the federal gift and estate tax exemption substantially. The Unified Gift and Estate Tax Exemption is now $11,400,000.00 per person for 2019 (for a total of $22,800,000.00 when combined for a married couple). This means that most revocable trusts accomplished before 2018 are antiquated and should be revised.             Pre-2018 Trust. Trusts before 2018 (1) typically provide for the separation of the initial trust’s assets and liabilities upon the first spouse to pass. Two trusts, sometimes commonly known [...]

1202, 2019

What is the California Consumer Privacy Act of 2018?

By |February 12th, 2019|Categories: Business, Corporate and Venture, The Advisor|Comments Off on What is the California Consumer Privacy Act of 2018?

Following the lead of the European Union, last year the California legislature passed the California Consumer Privacy Act of 2018 (the “CCPA”).  It grants consumers more control over, and insight into, the spread of their personal information online.  Although the CCPA will not become effective until January 1, 2020, steps should be taken now to implement its requirements.   Among other things, the CCPA:   Grants a consumer the right to request a business to disclose personal information (information that identifies, relates to, describes, is capable of being associated with, or could reasonably be linked, directly or indirectly, with a [...]

1101, 2019

Avoiding Personal Liability and Limiting Taxes: Business Entities after the 2017 Tax Act

By |January 11th, 2019|Categories: Business, Corporate and Venture, Estate and Tax Planning, The Advisor|Comments Off on Avoiding Personal Liability and Limiting Taxes: Business Entities after the 2017 Tax Act

Business activities, no matter how small, come with risk as well as tax liabilities, both of which can be reduced by operating through a legal entity --- a limited liability company or corporation. The Federal corporate tax rate for C Corporations[1] has plunged, down to 21%; a 20% qualified business income deduction applies to limited liability companies (LLC) and S Corporations. If you have not done so already, now is the time to determine the appropriate entity to limit your risk and legally avoid taxes. Risk avoidance. Business activities involve risk as our society has placed the burden of damages [...]

1012, 2018

A Business Owner’s Guide to Responding to Third Party Document Subpoenas

By |December 10th, 2018|Categories: Business, Corporate and Venture, Civil Litigation and Trials, The Advisor|Comments Off on A Business Owner’s Guide to Responding to Third Party Document Subpoenas

Nobody wants to be involved in litigation.  If you are reading this, chances are you have taken an active role in protecting your business from needless lawsuits by scrupulously following the law, treating your employees as the valuable assets they are, and working with talented tax and legal professionals to ensure you are thoroughly protected from unpleasant regulatory intervention. But even the most litigation-averse business cannot avoid the possibility of that dreaded document: the third –party document subpoena.  At best, a subpoena is an unwanted hassle and, at worst, it can be a source of significant liability if it is [...]

1209, 2018

Alternative Commercial Real Estate Financing

By |September 12th, 2018|Categories: Business, Corporate and Venture, Land Use and Real Estate, News, The Advisor|Comments Off on Alternative Commercial Real Estate Financing

Frustrated by disapproval of a conventional bank loan?  Annoyed by the lack of creative financing options for your commercial real estate investments?  Real estate developers and investors should consider the benefits gained from alternate real estate financing options before pursing their next development. While traditional mortgages remain the most common financing option for commercial real estate projects, developers and investors have started to rely on alternative financing options to either supplement or altogether replace traditional financing options.  When pursuing your next commercial real estate project, you may want to consider one of the following alternative options: Installment Land Sales Contracts.  [...]

908, 2018

Two California Residential Rental Property Disclosure Laws You May Have Missed

By |August 9th, 2018|Categories: Land Use and Real Estate, News, The Advisor|Comments Off on Two California Residential Rental Property Disclosure Laws You May Have Missed

There are dozens of laws requiring California landlords and property managers to give residential tenants written warnings about hazards and potential hazards associated with the housing environment. In the last twelve months legislation for two more of these laws has taken effect. New Flood Hazard Area Disclosure Effective July 1, 2018, California Government Code section 8589.45 was amended to require that a residential landlord with actual knowledge that his or her rental property is in a flood hazard zone or area for potential flooding to disclose the hazard to the tenant in the rental agreement. A landlord is presumed to [...]