Legal & Tax Changes for 2024: Are You Prepared? – Thompson Von Tungeln

We wish you and your family all the very best during this Holiday Season! Believe it or not, 2024 is just around the corner and there are a number of recent and new estate, legal and tax changes and updates that could impact your family, home, business and estate including:
• Adjusted Lifetime Estate Tax Exemptions
• Updated Gift Tax Annual Exclusions
• Alarmingly high rates of home title fraud and identity theft
• The State Attorney General’s warning about “cheap trusts” and “trust mills”
• New ownership reporting requirements for all corporations and LLCs
• 2024 Ballot initiatives that could significantly increase your property taxes
• Tax reassessment issues for inherited property
• Increased risk of tax liability on inherited retirement accounts
• New laws that could significantly increase healthcare and food costs
It has never been more important to learn, plan and prepare with expert legal guidance potentially saving you more than $50,000 in probate fees and expenses and years of waiting and uncertainty. You owe it to yourself and your loved ones to attend one of our upcoming Free Estate Planning For 2024 Seminars. Led by one of the very few State Board Certified Estate Planning Specialist in the area, Thompon Von Tungeln is the Valley’s premiere full service law firm specializing in estate planning and asset protection. With 7 attorneys and 20 staff members fluent in English, Spanish, Chinese, Korean and Arabic, we have helped over 11,000 clients since 1977 with their estate planning, real estate, tax and business needs.
December Estate Planning Seminar Dates
Saturday, December 2nd, 2023
10:00am – 11:30 am (Lancaster)
Saturday, December 9th, 2023
10:00am – 11:30am (Valencia)
Space is very limited so please call us at (661) 945-5868 at your earliest convenience (or visit at www.TrustTVT.com) to reserve your seat or to make a no-cost initial consultation (please mention this article) if you cannot make one of our seminar dates. If you already have a trust, we would be happy to provide a complimentary review at your appointment.
Happy Holidays!