Inheritance disputes after a parent’s death are all too common for even the most well-adjusted families. Disputes may consume hundreds of thousands of dollars in attorneys’ fees and destroy once healthy sibling relationships. Fortunately, disputes are often predictable and avoidable with careful planning.
Join us next Wednesday, September 23rd at 5:30 as Chris Carico discuses drafting and planning tips that minimize the chances for inheritance disputes.
By Lisa M. Gibbs, M.D., Christopher Carico, Esq. and Lilian H. Walden, Esq.
Reprinted with permission of the State Bar of California, Trusts and Estates Section, from Volume 24, Issue 1, (2018) of the California Trusts and Estates Quarterly.
INTRODUCTION
Despite a lack of mental health training, trust and estate attorneys often have to assess the cognitive…
As we celebrate the joy of the holidays, we are grateful for the opportunity to work with you. We wish you and your family peace, prosperity and happiness in the coming year. Happy Holidays!
An important federal tax law that took effect on January 1, 2018 that increased the estate tax exclusion from $5,490,000 in 2017 to $11,180,000 in 2018 for each taxpayer (now $11,400,000 in 2019). Under the new law, in 2019, married couples can now shelter a combined inflation adjusted $22,800,000 from estate tax using both spouse’s exclusions. However, the increase to $11,400,000 per spouse may be…
On November 1st, U.S. News & World Report and Best Lawyers released the Ninth Edition of “Best Law Firms” rankings.
We are excited to announce that Carico Macdonald Kil & Benz LLP has been included in this elite and extremely impressive group of law firms. Our South Bay boutique firm ranks in the top tier in Los Angeles for Trust & Estates Law.
Carico Macdonald Kil & Benz LLP is also one of only two firms…
SuperLawyers®, a rating service of outstanding lawyers, has recently released its list of 2018 Southern California Rising Stars. Carico Macdonald Kil & Benz LLP is proud to announce that William G. Benz is among the 2.5% of attorneys in California to be selected as a Rising Star. Mr. Benz is a seasoned litigator is the firm’s trust and estate litigation and business transactions department. He assists a broad array of clients, ranging from private…
El Segundo (June 11th, 2018) – Angela Kil, Partner at Carico Macdonald Kil & Benz LLP has been named a 2018 Southern California Rising Star in the area of Estate Planning and Probate by Super Lawyers®.
Super Lawyers®, part of Thomson Reuters, is a rating service of outstanding lawyers from more than 70 practice areas who have attained a high degree of peer recognition and professional achievement. The annual selections are made using a patented…
Bonaventure Hotel, Los Angeles: Attorneys from the law firm of Carico Johnson Toomey LLP attended this years Westcoast Sports Awards dinner honoring Kareem Abdul-Jabar as the Roy Firestone award recipient.
Roy Firestone Award Winner
WSA could not be more excited to partner with the UCLA Bruins and Los Angeles Lakers legend. Abdul-Jabbar won three consecutive NCAA Championships in ’67, ’68, and ’69, while being recognized a record three times as MVP. He went on to win…
Carico Johnson Toomey attends the 2017 Westcoast Sports Associates Dinner 2017 Gala honoring Kareem Abdul-Jabbar
Bonaventure Hotel, Los Angeles: The WSA’s 22nd installment of the Roy Firestone Award, the organization honored Kareem Abdul-Jabbar.
WSA could not be more excited to partner with the UCLA Bruins and Los Angeles Lakers legend. Abdul-Jabbar won three consecutive NCAA Championships in ’67, ’68, and ’69, while being recognized a record three times as MVP. He went on to win six…
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…
