Resources

Repeal of State and Local Income Tax (SALT) Deduction

By now, you have probably heard that the 2017 Tax Cuts and Jobs Act has limited the deduction for state and local income tax (SALT) to $10,000 for all tax filers, including tax filers who file their tax returns as married filing jointly.  If you are a...

Estate Planning After the Tax Cuts and Jobs Act

The new tax laws increased the estate, gift, and generation-skipping transfer (GST) exemptions to $11.2 million in 2018.  The annual gift exclusion has been increased to $15,000 in 2018. It is still very important to plan even with the new tax laws.  The...

Financial Elder Abuse

In California, it is anticipated that the elderly population will grow twice as fast as the rest of the population. Unfortunately, as the population of elderly persons or “Baby Boomers” continues to grow, so do the number of incidents of elder abuse.  ...