By, T. Randolph Catanese, Esq., Los Angeles, CA When a person or entity starts a horse breeding program, it is very important to consider multiple factors regardless of the size of the program. Tax considerations are very important with respect to the activity given the “hobby loss” rules. Moreover, consideration should be given to the…
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California Probate and Trust Legal Summary – Spring 2021
Catanese & Wells, a Law Corporation provides a quarterly newsletter to the California probate and trust professional community including lawyers, accountants, professional fiduciaries, and insurance providers. In this issue of the Probate and Trust Legal Summary the focus will be on the authority of the court to act “in equity” when matters arise related to…
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The 5 Most Common Reasons for Will Contests In Los Angeles, California
During estate planning, many do not expect their Last Will and Testament to ever be contested. A will is widely recognized as a legally binding and permanent document that’s conditions will be met after an individual’s passing. However, each year between 0.5%-3% of wills are contested within the United States, alone. To avoid your will being contested, it is essential to understand the various ways people…
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Cantanese and Wells Law Office Discusses Mistakes to Avoid When Writing a Will
When it comes to planning for the future, it’s common for people to procrastinate finalizing significant decisions. Trying to predict and plan for future events can be a daunting task; however, when writing a will, it is vital to take immediate steps to protect your estate and recipients. Cantanese and Wells Law Office, a firm specializing…
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