Unravel the complexities of property tax reassessments when transferring property through a trust, with a focus on parent-child transfers. Understand the potential tax implications and the steps to avoid a reassessment trap.

Attorney Andrew Bethel dives into the world of trust taxation! Focusing on simple and complex trusts, he'll discuss income distribution requirements, taxation, and more. Learn about IRS Form 1041, Schedule K-1, and tax rates. Remember, Uncle Sam always finds a way to collect his share!

Attorney Andrew Bethel unveils the nuances of disinheritance and how Special Needs Trusts can transform estate planning to protect and assist the beneficiaries.

Explore how a living trust, a legal entity, continues 'living' beyond the death of the grantor, safeguarding assets for beneficiaries and eliminating the need for probate.

Explore the complex world of estate planning, omitted spouses, and children in California. Learn about community, quasi-community, and separate properties, and discover how prenuptial agreements can affect your inheritance rights.

Discover the risks of removing properties from trusts and failing to reinstate them, as explored in our blog article. Learn about the potential probate nightmares that can arise, and find proactive solutions to safeguard your estate, protect your beneficiaries, and avoid unnecessary expenses.

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Explore why certain professionals can't form LLCs in California and must instead establish a Professional Corporation or Registered Limited Liability Partnership. Get insights into the role of public policy in these regulations and understand the accountability measures in place for these professionals.

Unearth the crucial differences between S-Corporations and LLCs for sole business owners in California. This detailed guide examines management, ownership, taxation, funding, and legal protection aspects of each structure, offering invaluable insights to inform your business formation decision.

Explore the pros and cons of having a bank serve as the trustee of a trust, including professionalism, objectivity, financial stability, convenience, costs, inflexibility, impersonal service, and conflicts of interest.

Attorney Andrew Bethel explains what happens when the sole member of an LLC passes away in California. He covers the process of dissolution, default rules for distribution, transfer of ownership interests, and steps to wind up the LLC's affairs. If you're dealing with the death of an LLC owner, this video provides important information.