No Federal Estate Tax in 2010 … at Least for Now

No Federal Estate Tax in 2010… at least for now The U.S. Senate finished its work for the year without acting on the Bill the House passed that would have extended the 2009 federal estate tax — any estate over $3.5 million is taxed at 45%. However, with the Senate’s inaction, the Estate …

A Guarantee?

Lawyers are not permitted to guarantee outcomes. Most law students learn about the “harry hand” case where a doctor guaranteed a surgery and the patient ended up with a harry hand (a skin graft gone awry).  We all learned quickly that we cannot guarantee results. Yet, as your San Diego Personal …

Congress Acts to Extend Current Estate Tax

On Thursday, December 3, 2009, the House of Representatives passed a bill that would extend the Estate Tax of 45% to all Estates that are over $3.5 million.  As previously reported, under current law, only estates valued at $3.5 million and up are taxed.  The estate tax is currently scheduled to …

One Huge Reason To Do Estate Planning Right

One huge reason to do estate planning “right” — avoid estate litigation and family feuding.  Estate planning isn’t something we do for ourselves… we get our legal and financial house in order to protect and provide for our loved ones. Family feuding can destroy relationships… I’ve seen it many times.  …