Jeffrey M. Verdon Law Group, LLP

The new tax bills introduced by Senator Bernie Sanders on March 25 includes changes to the current estate and gift tax system. Passage of the bill could have wide-ranging implications on estate planning strategies. If your family has or is expecting to have assets greater than $3,500,000 per person, it's time to review your present estate planning situation to determine what changes need to be made before the new law is passed. https://jmvlaw.com/the-sanders-99-5-acts-estate-tax-propos/ #financiallegacy #fourthgeneration #assetprotection

Everyone has heard about the crazy ways that the rich indulge themselves when they’re off the clock. But, according to a study by Wealth-X, much of their free time is actually spent on work-related hobbies like finance or community outreach. https://jmvlaw.com/hnwi-hobbies/ #richandfamous #hnwi #philanthropy

An unwise decision, you may never get them back for more than one reason.

Trust taxation changes have been causing many questions for investors. A simple solution is consulting with a financial advisor about grantor dynasties and their effect on taxable gifts. https://jmvlaw.com/changes-to-trust-taxation-part-two/ #TypesofTrusts #assetprotectionlawyer #businessprotection

Time to retire and sell your business? Before selling your business assure you have a strategic exit in place that covers business assets and future lifestyle. https://jmvlaw.com/selling-your-business-to-retire/ #sellmybusiness #Lumpsum #sellingyourbusiness #privatebanking

Twice Shy Getting married for the 2nd time. Can you transfer your assets so they are not in a prenup and still have access to them legally? https://jmvlaw.com/divorce-proof-premarital-assets/ #offshorebanking #prenuptialagreement #ProtectMyMoney

California’s property tax system! How does prop 19 effect homeowners over 55? Read our brief update on what takes affect in in just a few months. https://jmvlaw.com/qprt-changes-california-parent-child-pr/ #legacyplanning #propertytax #residencetrusts #CaliforniaHomeowners

What should I do when a frivolous lawsuit is filed against me? That's a question many have considered, and we have the answer. In California, there are a number of proactive steps you can take and the first is having an experienced asset protection attorney on call. https://jmvlaw.com/what-to-do-frivolous-lawsuit/ #ProtectMyMoney #californiawealth #triallawyer

Peace of mind and tax exemptions can both be realized through residence trusts. https://jmvlaw.com/gift-residence-save-tax/ #realestate #TaxExemptions #dynastytrust

Kidnapping may not seem like a problem for adults who travel widely, but there are dangers in certain circumstances, so it is a protection strategy worth having. https://jmvlaw.com/kidnap-insurance/ #kidnapinsurance #travelsafely #assetprotection

Want to discuss firewalling your estate with a comprehensive estate and asset protection plan, call us for a consultation to discuss your options.

At JMV Law not only are we experts on estate planning, we’ve written a book specifically for women only. https://jmvlaw.com/5-estate-planning-tips-widow-wife/ #estateplanning #financialplanning #lifeinsurance

Frequently, we recommend our clients come in and see us about every 18 to 24 months to review what we've done for them to make sure that if they're been acquiring assets or disposing of assets that the titling of those assets are done properly. Unfortunately, many people we see who have used other estate planning lawyers often haven't talked to their attorneys in years, and that's a mistake. Laws keep changing frequently. There's new planning strategies that are developed that ought to be considered. So a regular visit to your estate planning lawyer about every 18 to 24 months is, would be my recommendation.

Being protected against unnecessary lawsuits is a concern for business owners, and that’s where we come in. https://jmvlaw.com/why-business-woners-are-targets-of-laws/ #lawsuit #businessowners #businesslawyers #businessprotection

UGMA and UTMA are the most common custodial strategies for protecting financial gifts to minors, a knowledgeable lawyer will be able to outline your best options as the gift’s custodian. (3 min read) https://jmvlaw.com/protecting-gifts-to-minors/ #investment #financialplanning #assetprotection

Make sure that you’ve considered all the ways to keep your business assets safe and running smoothly. (2 min read) https://jmvlaw.com/protecting-business-assets-wfh/ #dataprivacy #dataprotection #workfromhome

The rising wealth accumulation by women and how they lay a foundation to define a legacy for future generations. (3 min read) https://jmvlaw.com/future-of-wealth-female/ #womenentrepreneurs #wealthmanagement #legacyplanning

Take care of your beneficiaries after your death financially by including your life insurance policy in the estate plan. https://jmvlaw.com/life-insurance-estate-planning/ #estateplanning #lifeinsurance #legacyplanning

Want to turn your investments into income? A charitable remainder trust allows you to do just that. https://jmvlaw.com/the-charitable-remainder-trust/ #legacyplanning #wealthmanagement