Simple Gift Taxing as a Tool to Reduce Estate Taxes Let’s talk about gift taxes! Under IRC Section 2503(b), the first $13,000 (plus cost of living adjustments) of gifts to any person, other than gifts of future interests in property, made during a calendar year are not included in the total amount of gifts made during the year. There is no limit to the number… Read More
Future of Same-Sex Marriage in California? So what does the future hold for same-sex marriage in California? It’s a subject that all Estate Planning attorneys are watching very carefully. In my opinion, the answer depends on whether you’re looking at the short-term or long-term. In the short term, the California Supreme Court sounded very dubious in recent oral arguments about overturning… Read More
