PURPOSE AND SCOPE OF THE COMPANY Most people initially think that an entity is only formed and organized for asset protection. Most people don’t know that if the appropriate entity is chosen and set up properly it can help meet the following goals: Income tax:...
Everything You Need to Know About the CA Statewide Rent Control Bill On October 8th, 2019, CA Governor Gavin Newsom signed bill AB 1482, also known as the Tenant Protection Act of 2019, effective January 1, 2020, in efforts to ease the housing crisis. The sunset...
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...
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...
On Wednesday April 29nd, McDowall Cotter will be hosting a webinar on 18 and an Adult: Preparing for the Kids Heading Off to College and Out in the World from 12:00pm – 1:15pm. For our loved ones heading off to college or off on a life of their own, there is...
