The drama continues – AOC Agrees to Advocate for Local Revenue Solutions, Restoration of Trial Court Funding SAN FRANCISCO — An emergency funding compromise reached with the Administrative Office of the Courts (AOC) would significantly reduce the San Francisco Superior Court’s staff layoffs from 177 to 75 and allow the Court to keep 11 civil … Continue reading UPDATE – Additional San Francisco Superior Court Funding
In concert with the IRS’ Voluntary Disclosure Program discussed here and here, California is also keenly interested in offering some amnesty to taxpayers who “avoided tax bills” if it mean capturing further state tax revenue. However, the program starts today and the deadline of October 31, 2011 to participate in California’s Voluntary Compliance Initiative is quickly approaching. The benefit of avoiding … Continue reading New Opportunity for California Taxpayers Who Avoided Tax Bills
Massive layoffs face the San Francisco Superior Court and it appears Clerks and Commissioners will be hit very hard. I first related Ari Burack’s article on the Dire situation forecast for San Francisco Superior Court here. I then passed on the Court’s press release on this matter here. In what is becoming an unexpected series on this … Continue reading San Francisco Court Update: Source Indicates All Commissioners and 100 Clerks to be Laid Off
On July 11, 2011, the governor signed a new law that prohibits second and third mortgage holders from pursuing deficiency judgments after they have agreed to a short sale. This amends California Code of Civil Procedure Section 580e which prohibited the same practice by holders of first mortgages. Deficiency Judgments If a lender forecloses on … Continue reading Short Sales and Deficiency Judgments Under the New Rules in California
SEE UPDATE AUGUST 31, 2011 HERE SEE UPDATE JULY 26, 2011 HERE As a follow up to my recent blog regarding the crisis facing our courts, check out today’s press release confirming the impact of state budget cuts on San Francisco’s courts and employees. http://www.sfbar.org/forms/court-press/court-cuts-071811.pdf NEWS RELEASE Superior Court of California COUNTY OF SAN FRANCISCO … Continue reading “The civil justice system in San Francisco is collapsing”
As if moving through the courts wasn’t slow enough already, it looks like things will be getting worse. Clients beware, practitioners be warned. See the article by Ari Burack in the Examiner: Update – See my post on the Court’s July 18, 2011 press release here. Massive layoffs and courtroom closures in San Francisco Superior Court are expected … Continue reading Dire Situation Forecast for San Francisco Superior Court
What is a Trust Protector? A trust protector is a person who has the authority to direct the actions of the trustee or trustees of an irrevocable trust. A trustee generally has broad sweeping authority to invest funds and distribute income and principal. In contrast, trust protector has limited authority to give instructions to the … Continue reading Can You Benefit From a Trust Protector?