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It’s that time of year…tax season. When most of us think of tax season, we think of our individual and business tax returns since these are the most common tax forms. Most of us do not think of the tax obligations relating to estates and lifetime gifts—but many of us should. In 2024, the estate [...]
Tony J Tyre is extremely proud to announce that his law firm has been chosen by the readers of Pasadena Star-News, San Gabriel Valley Tribune, and Whittier Daily News as FAVORITE LEGAL SERVICES and FAVORITE LIVING TRUST ATTORNEY. He sincerely thanks his team for their continued dedication, enthusiasm, & hard work, and our clients for [...]
Unknown to many of us, the government does not take money from a person’s estate most of the time. In fact, estates will usually pay little-to-no money to the government through taxes, unless there are debts owed to governmental agencies such as Medi-Cal. The two main types of tax to consider are income tax and [...]
