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The California Spousal Property Petition: A shortcut to FULL BLOWN Probate.
PROBATE is long, costly, and sometimes, contentious. Further, and in certain circumstances, it cannot be avoided. But this article isn't about the horrors of probate, but instead, about the silver-lining that lives within the realm of probate, that most people are unaware of. The Spousal Property Petition: The spousal property petition is a legal process in California that allows surviving spouses or domestic partners to affirm or assume full ownership of certain property wit
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STEPPED-UP-BASIS: Save thousands on Capital Gains.
Before we jump into the confusing and sometimes convoluted world of taxes, gains, and trusts; let's start with something easy, you know, like introducing ourselves. I'll start! My name is Ruben J. Martinez, and as many of you know I am RJM Lawyer. Practice wise, I do a lot of things, but mostly, I do estate planning. It's kind of my thing. Everything from the trendy living trust, to the refined family trust, to the special needs, medicaid protection, pets, and life insu
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*An LLC is ONLY half the PIE* How an LLC and Trust work together.
"You've done the work--now reap all, not just half, of the reward." A Limited Liability Company (LLC) is like the Cinderella of the corporate world. Unlike its bratty, sometimes stubborn, step-sister, the Corporation, it has humble beginnings and comes with user friendliness that makes it a popular option for all types of business owners. "Then what's the Problem?" An LLC's primary appeal is its limited liability. Within a world of ambulance chasers, slip and falls, and f
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