(562) 432-1001 receptionist@mageeadler.com
(562) 432-1001 receptionist@mageeadler.com

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estate plan
When it was approved by voters in 1978, Proposition 13 brought lower real property taxes for owners of residential, commercial and farm properties throughout California. It accomplished this through a rollback of property values to 1976 levels and a limit on annual increases in property taxes. A recent effort in the legislature to push forward...
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The recent shocking death of culinary star Anthony Bourdain is a tragedy on many levels. While the people who personally knew him best such as his family and friends are suffering from his unexpected passing, he also enjoyed a sizable fanbase which is also emotional over his death. Bourdain emerged on the public radar in...
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The modern estate tax dates back to 1916 when it was imposed at a rate of 10{b2882cad84bd77ee25ab8b8b9d1b0566021dcc5c7d8a30d0e639a0635fa20cc0} on the portion of estates above $50,000. Over the following years, the rates and exemption amounts varied, reaching a high of 77{b2882cad84bd77ee25ab8b8b9d1b0566021dcc5c7d8a30d0e639a0635fa20cc0} with a $60,000 exemption amount from 1941 to 1976. In 2001, Congress passed the Economic Growth...
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