Law Offices of Fred F. Mashian
Category
General Information
Locality: Los Angeles, California
Phone: +1 310-274-7501
Address: 12100 Wilshire Blvd. Suite 445 90025 Los Angeles, CA, US
Website: www.mashiangroup.com
Likes: 188
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What to Consider in an Estate Plan so the Beneficiaries do not Inherit a Headache. We recently had a client die, where his estate plan enabled all four children to share a house and ensured they had the money to maintain it. The investment properties of the client were sold, with the proceeds going into the trust. Rental income helps cover some of the expenses, and each child pays a nominal fee when staying at the vacation house. So far, the plan has worked: All four siblings are still on speaking terms. https://www.mashiangroup.com//what-to-consider-in-an-esta/
Charitable lead annuity trusts (CLAT) have been around since the 1970s. But until recently, these trusts have not been used much by run-of-the-mill millionaires. Now that is changing rapidly over the course of the past few years, thanks to low interest rates and creative planners. Many people want to do good and still maintain a legacy. If you want to give to charity, leave your family well provided for, and avoid having your legacy drastically reduced by estate taxes, consider a CLAT.
Wishing you peace, joy and prosperity throughout the coming year.Thank you for your continued support and partnership. Looking forward to working with you in 2020.
Are California Limited Liability Companies still a worthwhile Vehicle for Asset Protection in California? https://www.mashiangroup.com//are-california-limited-liab/
The team at Law Offices of Fred F. Mashian wishes you peace, joy and prosperity throughout the coming year. Thank you for your continued support and partnership. We look forward to working with you in the years to come.
IRS Issues Guidance on New Bonus Depreciation Rules The Tax Cuts and Jobs Act (TCJA) significantly expands bonus depreciation under Section 168(k) of the Internal Revenue Code for both regular tax and alternative minimum tax (AMT) purposes. https://www.mashiangroup.com//irs-issues-guidance-on-new-/
Approximately one third of the states in the U.S. have some form of Estate or Inheritance Tax. California repealed its version of Inheritance Tax in 1982. However, the movement to bring back the California Inheritance tax is gathering unprecedented strength.
New Website Live - Visit www.mashiangroup.com Today.
Being named Trustee of an estate places many legal and fiduciary responsibilities on that person. A Trustee must wrap up the decedent’s affairs, arrange for the payment of any income and estate taxes, and distribute the assets of the estate. http://bit.ly/2i2Kh2c
Nevada is one of two DAPT states that have no statutory exception creditors. http://bit.ly/2fjsOoP
We have counseled families and businesses in structuring and negotiating favorable investments throughout the US. http://bit.ly/2tW00IH
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