by Lilian H. Walden Esq.
Effective September 27, 2016, the IRS will now permit a special tax election for surviving spouses (known as a QTIP election). This will apply even when it is not necessary to reduce the estate tax liability to zero upon the death of the first spouse, pursuant to Revenue Procedure 2016-49. Prior to this point, there was some uncertainty over whether or not with the new portability rules, a QTIP election…
Manhattan Beach resident Justin Blaine grew up in a family that valued strong relationships. Raised in West Lake Village, he watched his dynamic father create a vibrant career built on strong networking and mentors.
Davis Blaine founded a successful California networking group, and Justin learned from example, forging a similar but distinct path of his own—as a baseball player, investment analyst and co-founder of Athlete’s Touch,…
(August, 2016) – Carico Johnson Toomey LLP is pleased to announce that Christopher D. Carico has been named to the 2017 Edition of The Best Lawyers in America, the oldest and most respected peer-review publication in the legal profession.
Best Lawyers has published their list for over three decades, earning the respect of the profession, the media, and the public as the most reliable, unbiased source of legal referrals. Its first international list…
by Christopher D. Carico | Partner
Change in Tax Focus of Basic Estate Planning
The federal government’s recent adoption of “portability,” allowing the transfer of the deceased spouse’s estate tax exclusion to the surviving spouse, and the fixing of the maximum federal estate tax rate at 40%, has shifted the tax planning focus for estate planners from estate taxes planning to capital gains tax for couples with wealth under $11,000,000. Those couples may now be…
U.S. News – Best Lawyers® ranked Carico Macdonald Kil & Benz LLP on the 2016 “Best Law Firms” list in the Metropolitan Tier 2 and Tier 3 Ranking in Los Angeles for their work in Trusts & Estates Law and Trust & Estates Litigation.
The U.S. News – Best Lawyers® “Best Law Firms” rankings are based on a rigorous evaluation process that includes the collection of client and lawyer evaluations, peer review from leading attorneys…
Partner Christopher Carico was selected by his peers for inclusion in The Best Lawyers in America© 2016 list. Mr. Carico has been listed for five consecutive years for his work in trusts and estates law.
For more than three decades, Best Lawyers® has become regarded as the definitive guide to legal professionalism and excellence around the globe. Best Lawyers® is based on an exhaustive peer-review survey. More than 52,000 leading attorneys cast 5.5 million…
William Benz earned a BV Distinguished® Peer Review Rating from Martindale-Hubbell. The Peer Review ratings are an objective indicator of a lawyer’s high ethical standards and professional ability generated from evaluations of lawyers by other members of the bar and the judiciary in the United States and Canada.
Martindale describes the rating as a widely respected mark of achievement differentiating a lawyer from his or her competition.
Partners Christopher Carico and Philip Toomey were selected for inclusion on the 2015 Southern California Super Lawyers list. Since 2009, Mr. Carico has been recognized for his work in estate and trust litigation, and since 2005, Mr. Toomey has been recognized for his work in employment and labor law.
Super Lawyers is a rating service of outstanding lawyers from a wide range of practice areas who have attained a high-degree of peer recognition and…
U.S. News – Best Lawyers® ranked Carico Johnson Toomey on the 2015 “Best Law Firms” list in the Metropolitan Tier 2 Ranking in Los Angeles for their work in Trusts and Estates Law, as well as the Metropolitan Tier 3 Ranking for their work in Trusts & Estates Litigation.
The U.S. News – Best Lawyers® “Best Law Firms” rankings are based on a rigorous evaluation process that includes the collection of client and lawyer evaluations,…
EL SEGUNDO, California, December 19, 2013 – The law firm of Carico Macdonald Kil & Benz LLP has been selected for inclusion in the 2014 “Best Law Firms” rankings by U.S. News & World Report and Best Lawyers for the fourth consecutive year.
The firm’s inclusion in the 2014 “Best Law Firms” for the Los Angeles Metro area, Tier 2 in Litigation – Trusts & Estates, and Trusts & Estates Law comes in addition…