Please note: The material in these articles, provided by Chauvel & Glatt, is designed to provide informative and current information as of the date of the posts. The articles should not be considered, nor are they intended to constitute, legal advice. For information on your particular circumstances, please contact Chauvel & Glatt at 650-573-9500.
As the third and final Presidential debate concluded last night, the importance of getting out and voting never seemed more important than now. Voting is the foundation of our democracy. Franklin Delano Roosevelt once said, “Nobody will ever deprive the American people of the right to vote except the American people themselves—and the only way they could do this is by not voting.”
Rarely in the past 30 years has Congress made any significant changes to the basic laws of estate planning. But recently they did. As the estate tax law applies to spouses, it used to be common to set up an irrevocable trust (often referred to as a Bypass, Decedent’s or Exemption Trust) on the death of the first spouse to protect that spouse’s credit against estate taxes.
Just this past week California Governor Jerry Brown signed a new law, effective March 1, 2017, which requires California businesses, public buildings and state and local government agencies to identify all single-user toilet facilities as “all gender” facilities. As a result, single-user bathrooms will no longer be labeled as “men’s room” or “women’s room.” Inspectors, building officials and public officials may inspect facilities for code enforcement.
A lien on freight in your possession is invaluable when you are trying to collect past due freight or storage charges. There are 3 types of liens: common law, statutory and contractual.
The bay area is home to many savvy real property investors who will often transfer their real properties into legal entities for liability protection. However, doing so has property tax implications for you and your heirs.