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1 month ago | 
pressenterprise.com | Teresa J Rhyne
I often hear it said that no bride or groom “plans” on divorcing but having a plan in the event of divorce isn’t such a bad idea. There are things one can do before, during, and after a divorce to protect oneself and their assets. Whether you’re married, planning on getting married, or in some stage of divorce, knowing what actions you can and cannot take with respect to your assets in the event of divorce or death is crucial. Pre-marriageIf you’re getting married, get a prenuptial agreement.
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1 month ago | 
ocregister.com | Teresa J Rhyne
’Til death or divorce – and how to do your part
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1 month ago | 
flipboard.com | Teresa J Rhyne
’Til death or divorce – and how to do your partI often hear it said that no bride or groom “plans” on divorcing but having a plan in the event of divorce isn’t such a bad idea. There are things one …
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2 months ago | 
pressenterprise.com | Teresa J Rhyne
How to protect your home before and after an emergency
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2 months ago | 
dailynews.com | Teresa J Rhyne
Volunteers from Samaritan’s Purse help the Alvarado family go through the ashes of their home on Taos Rd in Altadena on Wednesday, Feb. 5, 2025. The Eaton fire destroyed the house that the family has lived in since 1972. (Photo by Hans Gutknecht, Los Angeles Daily News/SCNG) PUBLISHED: February 16, 2025 at 5:00 AM PSTIf you live in California, these days it’s hard not to think about emergency planning in case of a fire or other natural disaster.
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Jan 19, 2025 | 
pressenterprise.com | Teresa J Rhyne
My office generally sees a spike in estate planning appointments in a new year and following a natural disaster. This month has brought both. If you have “getting organized” as a New Year’s Resolution, or if the horrific fires in the Los Angeles area have you thinking of your own disaster preparedness and mortality, you are not alone. If you already have an estate plan in place, congratulations. But do you know where it is?
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Dec 22, 2024 | 
pressenterprise.com | Teresa J Rhyne
Last month, my column warned that businesses were running out of time to file Beneficial Ownership Information (“BOI”) reports with the Financial Crimes Enforcement Network — a unit of the Department of the Treasury known as FinCEN. This month, my column is supposed to be about gifting. So, let me tell you about a recent gift from the federal courts. Your business does not have to file the BOI with FinCEN. Not yet, anyway. Thanks to a recent federal court ruling, you can ignore my last column.
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Dec 22, 2024 | 
ocregister.com | Teresa J Rhyne
A gift from the courts: Corporate Transparency Act on hold for now
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Nov 15, 2024 | 
pressenterprise.com | Teresa J Rhyne
On Jan. 1, 2024, a new federal law came into effect, requiring more than 30 million small- and medium-sized businesses to report ownership information to the federal government by Jan. 1, 2025. If the law applies to your business, you’re running out of time. Failure to timely file the report could result in fines of at least $500 per day, up to $10,000 maximum, and two years’ jail time. What is it?
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Oct 20, 2024 | 
ocregister.com | Teresa J Rhyne
The estate tax exemption amount gets a lot of press, but that isn’t the tax provision most folks need to be aware of in estate planning. In 2024, the estate tax exemption — the amount anyone can pass to anyone at their death without incurring estate tax — is $13,610,000. For a married couple, that means more than $27 million can be passed on, estate tax-free. Are you worried about estate taxes?
