In the May 2017 issue of Los Angeles Lawyer, JMBM tax attorney Brad S. Cohen writes about Tax and Estate Planning for Postmortem Celebrity. “Does a studio have the right to use a celebrity’s image after his or her death? If so, is there any way to plan ahead to avoid the misappropriation of a celebrity […]
Gordon Schaller’s and Eric Bardwell’s article, “Double Whammy: Federal Estate Tax Repeal Could Substantially Increase Tax For California Residents” was published in the LISI Estate Planning Newsletter.
With all of the talk about potential repeal of the federal estate tax1, many people have decided to postpone further estate planning, hoping that the repeal will occur. However, Californians should hold out no such hope. On February 21, 2017, California State Senator Scott Wiener announced a ballot measure, Senate Bill 726, that would create […]
Eric Bardwell and Gordon Schaller’s blog article was featured by Wealth Strategies Journal and the Real Property Trust and Estate Law eReport.
The U.S. government continues to pursue aggressively individuals and businesses for the failure to report foreign accounts and other non-U.S. assets. In particular, and with limited exceptions, all U.S. individuals and entities that own, control and/or have signature authority over foreign bank accounts must disclose annually to the U.S. Department of Treasury the existence of […]
Megan Earhart co-wrote the article “New Rules for Basis Consistency Reporting of Inherited Assets” published in Los Angeles Lawyer.
Foreign individuals who intend to permanently reside in the U.S., or do not intend to reside in the U.S. but intend to own U.S. property, need considerable legal and tax planning. The definition of “U.S. property” for international tax purposes is a term of art and complex. This planning should be done in advance to […]
On August 2, 2016, the Treasury Department issued Proposed Regulations to Section 2704 of the Internal Revenue Code. These proposed regulations are directed at family controlled entities (many of which hold operating businesses and/or real estate), including corporations, partnerships and limited liability companies. These regulations, if finalized, will substantially limit or eliminate the ability to […]
Megan Earhart was the assistant editor for California Trusts & Estates Quarterly, Volume 21, Issue 3, 2015 (Tax Symposium).
Brad Cohen co-wrote the article titled “Tax Residency Issues for Filmmakers, Actors, and Musicians in California” that was published in the Los Angeles Lawyer magazine