D. Michael Trainotti Legal Answers in California

How can I update or modify my old California estate plan that involves an irrevocable trust?

Establishing an estate plan in the first place can be a costly and time-consuming process. The idea of updating it years later, when your situation …

Answered by D. Michael Trainotti

Why should I separate or divide my California business assets?

The recent Tax Cuts and Jobs Act has created a connection between income tax and the segregation of business assets. Essentially, it is advantageous …

Answered by D. Michael Trainotti

How does the parent-child exclusion work with my business that owns real property in California?

The parent-child exclusion is a policy referring to the transfer of real estate and other property from parents to children. In practice, it means …

Answered by D. Michael Trainotti

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