Blog Posts by Acuña Regli
11/12/2020 | Acuña Regli
Proposition 19 Alert - Huge Parent to Child Property Tax Changes
Before Proposition 19, parents were able to pass low property tax assessments to their children in two ways:
Read More09/23/2017 | Acuña Regli
Estate Planning for Digital Assets
Long ago and far away, social media and digital assets did not exist. Now, everything from our friendships to our bank accounts are managed electronically. And, up til now, it has been a nightmare to navigate digital assets when someone has died or become incapacitated.
Read More09/22/2017 | Acuña Regli
Case Study: The One Hundred Million Dollar Farm
Mike is a self-made man. During the 1950s, he and his wife saw opportunities in California’s Central Valley to buy inexpensive farm land, and they did. Throughout 1955 through the present day, they used every available dollar to buy additional land, houses, buildings, and any other type of real estate imaginable. They farmed some of the land, developed some of the land, and rented out some of the land. As time went on, they paid off all their mortgages and bought more land, all with cash.
Read More09/22/2017 | Acuña Regli
Case Study: 3 Children 1 Farmer
The Smith family has owned a farm in California’s Central Valley since the 1930s. At the present time, John and Jane run the farm and are in their mid to late 60s. They have three children; a son and two daughters. However, only the youngest daughter and her husband are involved in farming.
Read More09/22/2017 | Acuña Regli
Drought Year Planning for Farmers
No one truly benefits from a drought. However, drought years are important reminders that there are business, tax, and estate planning opportunities that farmers, ranchers, and vineyard owners may have ignored during good years.
Read More09/22/2017 | Acuña Regli
What is a Qualified Disability Trust and Why Are They Important?
One of the difficulties in administering a special needs trust is that irrevocable trusts reporting on Form 1041 have a lower personal exemption than individuals. Normally, the personal exemption is limited to only $100 or $300. However, if a trust is a Qualified Disability Trust (“QDT”), the personal exemption in 2013 is $3,900.
Read More09/22/2017 | Acuña Regli
Now That the Estate Tax Limit Is $5,000,000+, Do I Still Need an A-B Living Trust?
Read More09/22/2017 | Acuña Regli
Case Study: The Tax Saving Team
The Jones family dreamed of owning a California vineyard. For years, they watched newspapers and websites, dreaming about property which they might someday afford in Temecula, Paso Robles, the Livermore Valley, and the Sierra foothills. When they saw “THE PLACE”, three generations pooled their money and purchased vineyard land and an adjoining homesite parcel.
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