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Did you know a Revocable Living Trust could save your family tens of thousands of dollars? This is not only true, but it will happen at a time when they’ll need it the most. A Living Trust enables your loved ones to handle the transfer of family wealth without a costly, lengthy and complicated Probate. This includes the biggest…
Recently, the United States Ninth Circuit Court of Appeals (which includes California) ruled on how we answer the question Is Your New Hire an Unpaid Student Intern or a Paid Employee? The Federal court adopted what is referred to as the �Primary Beneficiary Test� to determine this issue under the Fair Labor Standards Act (�FLSA�).[1]� (Benjamin v. B&H Education, Inc.,…
The U.S. Senate has put out a new useful guide to the CARES Act. Below is a link to The Small Business Owner�s Guide to the CARES Act prepared by the U.S. Senate Committee on Small Business & Entrepreneurship.� It is an informative guide and answers some important questions, such as: �If I get an EIDL and/or an Emergency Economic…
Propositions 15 and 19, on the ballot soon, will eliminate the Parent-Child Exclusion from Reassessment which we now have. If passed, the new propositions will cause the new owner (parent/child) to have the real property taxes jump up (assuming appreciation since purchased) to the fair market value of the property at the time of death, gift, or other reason for…