Depending on the outcome of the upcoming presidential election, real property investors may lose the valuable benefit of capital gains deferral permitted under IRS Code Section 1031. This article explores how Section 1031 is utilized today, and what may happen to...
The late 19th Century American novelist E.W. Howe once remarked: “[t]o be an ideal guest, stay at home.” How completely prophetic! Ironically, E.W. Howe’s life coincided with the Spanish flu epidemic. However, this quote likely references that guests can sometimes...
Election day 2020 is just around the corner. As we know all too well, trying to predict election results can be an exercise in futility. Estate planning clients need their trusted advisors to timely counsel them on how the election may impact their legacy planning....
In an earlier article, we wrote about a decision by the California Fourth District Court of Appeals holding Amazon liable for a personal injury claim caused by a defective replacement laptop battery. In that case, the California Court found Amazon strictly liable for...
As the COVID-19 pandemic swept the country in the spring, consumer demand shifted. While grocery store shelves became barren, consumers looked to e-commerce marketplaces to purchase essential items such as personal protective equipment, necessary household items and...
Because of their unique terms, CMBS loans can be an attractive option for certain borrowers. But because their structures are more complex than traditional loans, it is important to understand the upside, and potential downside, of choosing to take one out when...
There were almost 31 million small businesses in the United States in 2019. Entrepreneurs know that starting a business is full of difficult decisions, such as assessing the need for legal counsel. Startups can fear getting attorneys involved because attorneys look to...
Remember when you couldn’t contain your excitement over sharing plans for your upcoming vacation with coworkers and friends? Or the thrill of posting travel highlights on social media – and making everyone a little jealous? Adios, beaches. My, how the tides have...
A common question from clients is: how do I protect my assets, usually from a lawsuit? My answer: Get liability insurance Max out your retirement accounts Compartmentalize assets through LLCs Create an asset protection trust The key to asset protection is that you...
As your loved one ages, navigating the planning process, medical system and Medicaid system can be overwhelming. An Elder Law attorney and Geriatric Care Manager can help you and your loved one plan for their present and future legal needs, care needs and housing...