The San Diego Estate Center

We Can Plan Any Estate In California - The Law Offices of Roy Newman

Tax Relief and Trusts: How Wal-Mart Avoids Taxation

The Wall Street Journal has unraveled a scheme used by the giant retailer to avoid the imposition of state taxes in as many as 25 states. The simple graph of how the scheme works can be viewed here. Basically, Wal-Mart pays rent to its real estate trust and that trust then pays [...]

Record Home Losses In California

“The price tag for the nation’s housing crisis escalated again with reports Tuesday that a record number of Californians lost their homes to foreclosure in the last three months and that a potential bailout of mortgage giants Fannie Mae and Freddie Mac could reach $25 billion.

The figures were released as the House prepared to vote [...]

Want to Save? Shore Up That Credit Score

“Americans can save billions of dollars annually on credit card and other interest payments by raising their credit scores, but many consumers still don’t know enough about the complex numerical values that represent their credit risk.

Washington Mutual estimates that, because financial institutions offer lower interest rates to consumers with better scores, consumers could reduce credit [...]

Whose Business Will This Be?

From the Wall Street Journal: “It is one of the toughest questions that parents who own businesses confront — how can they be equitable in their estate planning when one child works for the company but others don’t?” Click here - estate planning considerations for small businesses. . .