by Policy and Taxation Group Admin | Jul 4, 2018 | Blog, California, Estate Tax Horror Stories, Family Businesses
June 13, 2018 My father started an aerospace component manufacturing business March 31, 1961 in Maywood, California. He started it by himself investing $7,500 dollars in the business. He hired one person. He struggled for 10 years before he finally made a profit. His...
by Policy and Taxation Group Admin | Sep 17, 2017 | Blog, California, Estate Tax
In 2005, Elizabeth Marshall Maybee inherited a 3000-acre Northern California ranch from her grandmother that had been in the family since the 1880s. However, “the Marshall Ranch, which survived the Great Depression and survived a case of eminent domain for the...
by Policy and Taxation Group Admin | Sep 14, 2017 | Blog, California, Death Tax, Family Businesses
The Page Family began farming in the 1880s, when Jeff Page’s great-grandfather purchased 50 acres of land in Napa Valley to grow orchard fruit and raise cattle, sheep, and turkeys. As a firm believer in land investment, Mr. Page’s great-grandfather expanded to other...
by Policy and Taxation Group Admin | Sep 1, 2017 | Blog, California, Estate Tax, Estate Tax Horror Stories
Our beloved 101 “acre California farm-my small family’s one asset- has been in my family since 1942, when it was purchased by my great uncle. It has been planted In crops of many kinds, worked first by my uncle and then by my father, who earned a very...
by Policy and Taxation Group Admin | Aug 22, 2017 | Blog, California, Estate Tax Horror Stories, Family Businesses
My family has almond land, rice land and cattle land in California. Our forefathers settled on the cattle land in the mid 1800’s. The problem I see is that land in California has increased in value so tremendously that he average land owner is going to be...
