ARE you sick and tired of being in debt and having bad credit? Do you want to start over but simply don’t know where to begin? Is filing bankruptcy an option for you or are other options available? These days, you are constantly bombarded with advertising from companies and other professionals offering you their “solution”….
QUESTION: I owe a lot in back taxes. I’m constantly getting threatening letters from the IRS. This has become a big problem that I have no idea how to solve. What can I do? Answer: For what it’s worth, take some comfort in knowing that you are not alone. There are millions of Americans in…
ARE you sick and tired of being in debt and having bad credit? Do you want to start over but simply don’t know where to begin? Is filing bankruptcy an option for you or are other options available? These days, you are constantly bombarded with advertising from companies and other professionals offering you their “solution”….
YOU and your spouse may have gone through a lengthy and contentious divorce proceeding. This is usually the most difficult period of a person’s life. Finally, time heals all pain. You and your spouse get tired of bickering and being mean to one another that you both decide to compromise each other positions and resolve…
IF you’ve ever had to file bankruptcy in the past for whatever reason, you probably told yourself that hopefully, you never have to do it again ever. But sometimes you never know where life takes you and if you ever find yourself in a financial bind where bankruptcy becomes necessary again, fear not. It is…
YOU and your spouse may have gone through a lengthy and contentious divorce proceeding. This is usually the most difficult period of a person’s life. Finally, time heals all pain. You and your spouse get tired of bickering and being mean to one another that you both decide to compromise each other positions and resolve…
READ this if you owe the IRS money and can’t pay. IRS problems have a way of ruining all aspects of your life. They take a toll on you FINANCIALLY, PHYSICALLY AND EMOTIONALLY. They’re there when you go to bed at night and they’re there when you wake up in the morning. The IRS is…
Divorce cases involving entrepreneurs and business owners often poses challenges when valuing a community business. Some litigants are part owner of the business while others own the business entirely by themselves or sometimes with their divorcing spouse. In California, there are several methods commonly used to value a business during a divorce. These methods help…
IF you’ve ever had to file bankruptcy in the past for whatever reason, you probably told yourself that hopefully, you never have to do it again ever. But sometimes you never know where life takes you and if you ever find yourself in a financial bind where bankruptcy becomes necessary again, fear not. It is…
LIFE happens. Sometimes even the best laid plans can go wrong. How do you respond when this happens to you? Do you easily give up when you’re overwhelmed? Remaining calm can be difficult when things are chaotic and so the usual reaction is panic. Bankruptcy can be a lifesaver for people who are at the…
Divorce cases involving entrepreneurs and business owners often poses challenges when valuing a community business. Some litigants are part owner of the business while others own the business entirely by themselves or sometimes with their divorcing spouse. In California, there are several methods commonly used to value a business during a divorce. These methods help…
A NOTICE of Federal Tax Lien (NFTL) is a public record filed by the Internal Revenue Service (IRS) with the County Recorder where you live. When the IRS wants to enforce delinquent taxes against you, there are various mechanisms that the government can use to achieve that goal. This is one of them. Technically, the…
One of the biggest problem of millenials and Gen Z are educational cost and student loan debt. This eats up a large part of a households budget even among married couples. However, what happens to all the money paid towards one spouse’s education and student loans if the marriage fails and leads to divorce. Well,…
LIFE happens. Sometimes even the best laid plans can go wrong. How do you respond when this happens to you? Do you easily give up when you’re overwhelmed? Remaining calm can be difficult when things are chaotic and so the usual reaction is panic. Bankruptcy can be a lifesaver for people who are at the…
LIFE happens. Sometimes even the best laid plans can go wrong. How do you respond when this happens to you? Do you easily give up when you’re overwhelmed? Remaining calm can be difficult when things are chaotic and so the usual reaction is panic. Bankruptcy can be a lifesaver for people who are at the…
One of the biggest problem of millenials and Gen Z are educational cost and student loan debt. This eats up a large part of a households budget even among married couples. However, what happens to all the money paid towards one spouse’s education and student loans if the marriage fails and leads to divorce. Well,…
California Family Code section 4504 allows a noncustodial parent to be credited towards their child support obligation for the amount of federal government payments they are receiving on behalf of the child. The payments that qualify for this credit include: Social Security retirement or disability benefits Railroad Retirement benefits Department of Veterans Affairs benefits To…
LIFE happens. Sometimes even the best laid plans can go wrong. How do you respond when this happens to you? Do you easily give up when you’re overwhelmed? Remaining calm can be difficult when things are chaotic and so the usual reaction is panic. Bankruptcy can be a lifesaver for people who are at the…
ARE you having problems paying your debts? Are creditors calling you day and night threatening you with a wage garnishment, repossession, or foreclosure? Are you starting to feel hopeless and depressed about your situation and don’t know where to turn for help? We are living in tough financial times. Economists are foreseeing a recession right…
California Family Code section 4504 allows a noncustodial parent to be credited towards their child support obligation for the amount of federal government payments they are receiving on behalf of the child. The payments that qualify for this credit include: Social Security retirement or disability benefits Railroad Retirement benefits Department of Veterans Affairs benefits To…
THE IRS is the worst creditor you can possibly have. It’s always bad news when you find out that you owe taxes, and it’s even worse when you don’t have the money to pay. Some people erroneously believe that if they can’t pay what they expect to owe when they file their return, that they…
Estate planning is often viewed through the lens of ensuring that one’s assets are distributed according to their wishes after passing. However, an equally important aspect that merits attention is the potential for significant tax benefits. As an experienced trust and estate attorney, I’ve guided numerous clients through the complexities of estate planning, emphasizing not…
THE high cost of living in California and over regulation has made a lot of parents evaluate whether to move out of state. The most common states that people move to are Texas, Arizona, Nevada, or Florida where the cost of living is lower and taxes are less or non-existent. However, if a parent with…
MOST people who are struggling with debt problems for the first time are often confused and don’t know what to do. They’ve never been in this situation before. They have always paid their bills on time. For the first time in their life, they are finding it difficult to fulfill their debt obligations. Bill collectors…
THE IRS is the worst creditor you can possibly have. It’s always bad news when you find out that you owe taxes, and it’s even worse when you don’t have the money to pay. Some people erroneously believe that if they can’t pay what they expect to owe when they file their return, that they…
MOST people who are struggling with debt problems for the first time are often confused and don’t know what to do. They’ve never been in this situation before. They have always paid their bills on time. For the first time in their life, they are finding it difficult to fulfill their debt obligations. Bill collectors…
IT is a good idea to review your existing revocable trust if the terms and provisions are still current. A revocable living trust is a cornerstone of a comprehensive estate plan in California. Its flexibility allows you to adjust your wishes through life’s ups and downs. But how do you actually make those changes? This…
IF you’ve ever had to file bankruptcy in the past for whatever reason, you probably told yourself that hopefully, you never have to do it again ever. But sometimes you never know where life takes you and if you ever find yourself in a financial bind where bankruptcy becomes necessary again, fear not. It is…
IT is a good idea to review your existing revocable trust if the terms and provisions are still current. A revocable living trust is a cornerstone of a comprehensive estate plan in California. Its flexibility allows you to adjust your wishes through life’s ups and downs. But how do you actually make those changes? This…
QUESTION: I owe a lot in back taxes. I’m constantly getting threatening letters from the IRS. This has become a big problem that I have no idea how to solve. What can I do? Answer: For what it’s worth, take some comfort in knowing that you are not alone. There are millions of Americans in…
