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Author Archives: Johann Chau

Proposed Regulations Address “Clawback” Issue

This article is a compliment of  THE LAW OFFICE OF JOHANN CHAU Written by The American Academy of Estate Planning Attorneys     Each person has a permanent exclusion amount of $5 million which they can give during life or at death. That amount is inflation adjusted. The Tax Cuts and Jobs Act doubled that… Read More »

QDRO: Not Just for Divorce Anymore

This article is a compliment of  THE LAW OFFICE OF JOHANN CHAU Written by The American Academy of Estate Planning Attorneys     A Qualified Domestic Relations Order (“QDRO”) is part of federal law that allows a domestic relations order in state court to transfer ERISA accounts, such as 401(k)s, from the spouse who is… Read More »

How Are Trusts Taxed?

This article is a compliment of  THE LAW OFFICE OF JOHANN CHAU Written by The American Academy of Estate Planning Attorneys     Trusts can be very useful vehicles to control assets during life and after death. During life, they can be especially helpful to control assets during periods of disability. After death, a trust… Read More »

Naming a Trust as Beneficiary of an IRA or Qualified Plan Doesn’t Have to Be Scary

This article is a compliment of  THE LAW OFFICE OF JOHANN CHAU Written by The American Academy of Estate Planning Attorneys     Often, people think that an individual must be named as the beneficiary of the retirement assets in order to use the beneficiary’s life expectancy and to prevent a forced faster distribution. But,… Read More »

Estate Planning is About More Than Taxes

This article is a compliment of  THE LAW OFFICE OF JOHANN CHAU Written by The American Academy of Estate Planning Attorneys     The new tax law doubled the amount that can be passed free of federal estate taxation, at least through 2025. In 2018, an individual can pass $11.18 million free from federal estate taxation. But, estate… Read More »

Lessons in Leadership: Connecting Vs. Controlling

This article is a compliment of  THE LAW OFFICE OF JOHANN CHAU Written by The American Academy of Estate Planning Attorneys     As a leader in any organization, you are sure to have a certain amount of power. But, as the saying goes, “with great power comes great responsibility.” During a recent conversation with… Read More »

Prenuptial Agreements Can Provide Remarriage Protection

This article is a compliment of  THE LAW OFFICE OF JOHANN CHAU Written by The American Academy of Estate Planning Attorneys     A prenuptial agreement is especially important when it‘s not the first marriage for either or both of the members of the couple or where one or both of them have children from… Read More »

Securing Your Law Firm’s Facebook Page

This article is a compliment of  THE LAW OFFICE OF JOHANN CHAU Written by The American Academy of Estate Planning Attorneys Earlier this week, Facebook disclosed a security breach, the largest in the company’s history, which compromised 50 million accounts. With all of the recent cyberattacks in the news, it seems like the Internet has… Read More »

New Asset Transfer Look-Back for VA Aid & Attendance Coming Soon: The Window of Opportunity is Closing Quickly!

This article is a compliment of  THE LAW OFFICE OF JOHANN CHAU Written by The American Academy of Estate Planning Attorneys     If you are accredited with the Veteran’s Administration, there’s an opportunity to act quickly to help some of your clients. Background: The VA offers a valuable benefit to wartime veterans, i.e., those who… Read More »

Want to be a Great Leader? Start Here

This article is a compliment of  THE LAW OFFICE OF JOHANN CHAU Written by The American Academy of Estate Planning Attorneys     There’s no shortage of blogs, articles, infographics, and “gurus” in the world today all graciously sharing their secrets to success for those of you out there who either desire to be a… Read More »