Bay Area Property Ownership

Bay Area Property Ownership

Bay Area Property Ownership: Joint Tenancy, Tenants in Common or Community Property? In California, when you own real property with another person, you can hold it in one of 3 different ways: Joint Tenancy; Tenants in Common, and; Community Property Joint Tenancy In a...
Steeply Declining Rolling GRATs: Perhaps the Best GRAT ever

Steeply Declining Rolling GRATs: Perhaps the Best GRAT ever

Some Basic GRAT Concepts Grantor Retained Annuity Trusts (GRATs), described in Code Sec. 2702(b), are successful in transmitting property out of a property owner’s estate at no estate tax cost and no or minimal gift tax cost to the extent the assets contributed to the...