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Category Archives: Basics

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 »

Estate Planning is for You, Not Just Your Parents or Grandparents

This article is a compliment of  THE LAW OFFICE OF JOHANN CHAU Written by The American Academy of Estate Planning Attorneys     Often, people think estate planning is just for those who are elderly. While the elderly certainly need estate planning, estate planning is for anyone who cares what happens to them, their stuff,… Read More »

September FREE Estate Planning Workshop

The Law Office of Johann Chau invites you to attend a FREE Estate Planning Workshop Learn How A Living Trust Can Benefit You And Your Family Call 1-855-602-1998 To Reserve Your Seats Today Topics Covered During This Workshop: Providing for your spouse and children’s education, health, maintenance, and support The advantages and disadvantages of Wills and… Read More »

Estate Planning: It’s Not Just About the Estate Taxes

This article is a compliment of  THE LAW OFFICE OF JOHANN CHAU Written by The American Academy of Estate Planning Attorneys     When we plan our lives and our estates, it’s not all about the estate taxes. Of course, estate taxes should be taken into consideration, but there are many more important factors. That’s… Read More »

Planning for the International Client

This article is a compliment of  THE LAW OFFICE OF JOHANN CHAU Written by The American Academy of Estate Planning Attorneys     Today’s world is increasingly mobile. It’s increasingly common for estate planning attorneys to have clients who weren’t born in the United States or who own property outside of the United States. How… Read More »