Trusts and Estates for Foreign Nationals

What You Don’t Know and Don’t Plan for Could Cost Your Loved Ones Hundreds of Thousands of Dollars! From the Desk of San Diego Trust and Estate Planning Lawyer Kristina R. Hess…. On July 27, 2010, I held our first “Truth About Estate Planning For Foreign Nationals” seminar/workshop in our …

No Federal Estate Tax in 2010 … at Least for Now

No Federal Estate Tax in 2010… at least for now The U.S. Senate finished its work for the year without acting on the Bill the House passed that would have extended the 2009 federal estate tax — any estate over $3.5 million is taxed at 45%. However, with the Senate’s inaction, the Estate …

Congress Acts to Extend Current Estate Tax

On Thursday, December 3, 2009, the House of Representatives passed a bill that would extend the Estate Tax of 45% to all Estates that are over $3.5 million.  As previously reported, under current law, only estates valued at $3.5 million and up are taxed.  The estate tax is currently scheduled to …

What No More Estate Taxes?

We spend time and effort creating plans to find legal ways to avoid paying taxes. We all pay taxes everyday… from property tax, to sales tax, to gasoline tax, to Mello Roos  (a nice little tax on newer homes here in Carmel Valley to fund new schools)… Taxes are everywhere. …