Our regularly updated blog discusses a variety of issues related to business, tax, and estate planning in California. Learn why an estate plan is necessary regardless of age or income, what steps you can take to reduce your tax liability and protect your assets, how to ensure your business remains on a solid legal foundation, and much more.
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Does Your Estate Plan Protect Your Loved Ones From Themselves?Can your children or other loved ones be trusted to have unfettered control over substantial assets and cash?
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Six Custom Tax Planning Tips for High-Income Individuals and FamiliesTax planning is a multifaceted process that requires a personalized approach, especially for high-income individuals and families.
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Recipe of the Month: Crab Cake SlidersCalling all crab cake lovers! This recipe for Crab Cake Sliders is about to become your new favorite appetizer.
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Does Your Trust Protect Your Beneficiaries From Themselves?John Goralka, J.D., LL.M., discusses issues he sees with beneficiary mistakes.
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Recipe of the Month: Grilled Marinated RibeyesThe ribeye, often hailed as the "king of steaks," is a prized cut of beef enjoyed for its exceptional tenderness, juicy flavor, and beautiful marbling.
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What Can Cause Your Trust to Fail?John Goralka, J.D., LL.M., discusses issues he sees that causes trusts to fail.
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How to Choose Your Trustee or Executor of Your WillAbove all, you should choose someone you trust, keeping in mind that acting as a trustee or executor can be a complex, thankless and sometimes long-term job.
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Nine Lessons to Be Learned From the Hilton Family Trust ContestDisclaimers, good communication, post-marital agreements could help avoid conflict in a family after the owners of a wealthy estate pass away.
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Memories of My MomMemories of My Mom by John M. Goralka
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All Living Trusts Are Not The Same!Understanding the different types of living trusts, such as revocable and irrevocable, is crucial.
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What is Probate?Probate is the general administration of a deceased person's will or the estate of a deceased person without a will.
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Why Business Owners Should Review Their Buy-Sell AgreementsA recent tax case now before the U.S. Supreme Court hasn’t gone well for a small business, highlighting the need for businesses using a similar (and typical) succession planning arrangement to take a look at theirs.