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So far BFAS Law has created 17 blog entries.
18 09, 2017

Redefining a Sale for California Real Property Transfer Tax

By | September 18th, 2017|News, The Advisor, Uncategorized|Comments Off on Redefining a Sale for California Real Property Transfer Tax

When real property changes hands, California imposes two separate taxes – the annual real property tax and a documentary transfer tax. The annual real property tax is reassessed to fair market value when a property changes ownership.  The transfer tax allows a county or city, or both, to charge a tax when real property is [...]

12 09, 2017

Matal v. Tam: Disparaging Trademarks, Like THE SLANTS, Can Be Registered Trademarks

By | September 12th, 2017|Intellectual Property, News, The Advisor|Comments Off on Matal v. Tam: Disparaging Trademarks, Like THE SLANTS, Can Be Registered Trademarks

This case revolves around whether a trademark can be registered before the United States Patent and Trademark Office (USPTO) even though the mark is disparaging.  The Lanham Act prohibits the registration of many kinds of marks, but in this case, preventing the registration of disparaging marks directly challenges the First Amendment’s Free Speech Clause. During [...]

8 08, 2017

Cybersecurity and California’s Breach Notification Law

By | August 8th, 2017|News, The Advisor|Comments Off on Cybersecurity and California’s Breach Notification Law

  Cyber-attacks and data breaches have increased in recent years, creating risks for consumers and businesses alike.  From 2012 to 2015, the California Office of the Attorney General (“Attorney General”) received reports of 657 data breaches affecting more than 49 million records of California residents.[1]  In fact, in 2015 alone, 178 breaches put over 24 [...]

14 07, 2017

The California Supreme Court Confirms Private Property Rights  

By | July 14th, 2017|News, The Advisor|Comments Off on The California Supreme Court Confirms Private Property Rights  

In 1970, the California Supreme Court held that private owners of coastal property could be deemed to have impliedly dedicated property rights to the public if they allowed the public to use their property for recreational purposes over a period of years.  The reaction to this decision was negative, as it encouraged exclusive use of [...]

28 06, 2017

Legal Alert: IRS Grants Second Chance For Portability Filings

By | June 28th, 2017|News|Comments Off on Legal Alert: IRS Grants Second Chance For Portability Filings

The IRS has issued a new Revenue Procedure that provides a simplified procedure for surviving spouses that missed the 9-month deadline to file an estate tax return (Form 706) and make a portability election.  Portability is an important estate tax saving tool that allows a surviving spouse to "port over" (transfer) any unused portion of [...]

8 06, 2017

Plan the Orderly Transition of Your Estate

By | June 8th, 2017|News, The Advisor|Comments Off on Plan the Orderly Transition of Your Estate

President Trump’s recently released 2017 Tax Reform for Economic Growth and American Jobs seeks to do away with federal estate taxes, or what many refer to as the “death tax.” With current exemptions for estates valued at less than $5.49 million ($10.9 million for married couples), however, the death of the death tax hardly matters [...]

11 05, 2017

Money Talk 1290 Radio show features Partner Marcus Kocmur

By | May 11th, 2017|News|Comments Off on Money Talk 1290 Radio show features Partner Marcus Kocmur

Marcus Kocmur, head of the Firm's real estate and land use group, recently joined hosts Dianne Duva and Neil Kreisel to discuss hot topics in local land use and real estate on their weekly "Money Talk" radio show. If you missed the live broadcast, you can still listen to it as an iTunes podcast. Click [...]

11 05, 2017

Accessory Dwelling Units

By | May 11th, 2017|Homepage, News, The Advisor|Comments Off on Accessory Dwelling Units

If you are a homeowner, chances are you have heard about the recent change in California law regarding Accessory Dwelling Units.  Housing production in California has not kept up with demand for many years.  This housing shortage has led the state to adopt housing policies to encourage infill development to increase California’s housing stock. The [...]

12 04, 2017

Does a Corporation Protect Your Personal Assets in Litigation?

By | April 12th, 2017|News, The Advisor|Comments Off on Does a Corporation Protect Your Personal Assets in Litigation?

One of the most common reasons to set up a new business entity is the protection of personal assets that a properly run corporation provides.  Ordinarily, a corporation is regarded as its own legal entity, separate and distinct from its shareholders, officers and directors, with separate and distinct liabilities and obligations.  However, if you are [...]

12 04, 2017

BFAS is proud to support the Downtown Santa Barbara 50th Anniversary Gala!

By | April 12th, 2017|News|Comments Off on BFAS is proud to support the Downtown Santa Barbara 50th Anniversary Gala!

We are excited to celebrate Downtown Santa Barbara tonight!  Don't forget to stop by our table to say hello to attorneys Michael Fauver, Trevor Large and Olivia Marr! To learn more about this event click here.