3rd Oct 2014

The financial state of a significant number of elderly people is not very good. Statistics show that a lot more people aged 65 or older are filing for bankruptcy. The increase in bankruptcy filing by people aged between 65 and … more

30th Sep 2014

What’s often overlooked is the way in which estate planning for same sex couples can be considerably more difficult than what’s considered conventional. If you take for example the situation in Texas wherein same sex marriage is not recognized by … more

29th Sep 2014

Dwight Edward Tompkins,Estate Planning Attorney,Orange, California.

3rd Dec 2013

One main objective of estate planning is tax planning.  Nowadays a popular way to reduce estate taxes is through gifting.  Many estate owners like using this tool because they get to see their beneficiaries benefit from their gifts.  As an … more

4th Jun 2013

A basic overview of the Grantor Retained Annuity Trust, commonly known as a GRAT. Dwight Edward Tompkins,Trust and Estates Lawyer, Orange County, California.

1st Oct 2011

NEW LIFETIME GIFTING RULES CAN REALLY HELP FAMILIES

By : | Category : Children, Estate Planning, Estate Taxes, Families, Family Business, Gift Tax, Lifetime Gifts, Orange County, Tax Planning | Comments Off on NEW LIFETIME GIFTING RULES CAN REALLY HELP FAMILIES

14th May 2011

The new law signed by the President in December gives owners of family businesses probably the biggest tax beak to come along in many years. That break is the lifetime gift exemption, now $5 Million, for the next two years … more