Publications

Below you will find a variety of publications and books written/co-authored by attorney Joseph J. Strazzeri, Esq. and attorney Stephen J. Mancini, Esq. Topics vary from Estate Planning, Advanced Wealth Planning, to Business Planning.

CA Residential Homeowners Insurance Protection for Wildfire Victims

Given the importance of fire peril coverage in CA and the confusing reporting on the matter, we have prepared a summary of the key takeaways regarding the residential insurance policies as impacted by the recent wildfires. See below for our summary as well as the official document.

Click on the images below for more information.

Letter to Colleagues and Friends

Notice From California Insurance Commissioner

2025_Annual_Notice-Significant_California_Laws

JANUARY 7, 2025
UPDATE REGARDING CORPORATE TRANSPARENCY ACT REPORTING STATUS

The CTA, which was introduced last year required millions of businesses to submit detailed reports on their owners and controlling parties (including trustees of trusts, etc.) to the Financial Crimes Enforcement Network (FinCEN). The legal status of this requirement has been fluid, with businesses being told they must comply, then being told they don’t, being told again they do, and told yet again they don’t. All this back-and-forth has understandably led to confusion and frustration among business owners, legal and tax professionals.

Currently, as we have predicted, the injunction is back in place and filing a BOIR is not required.

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January 7, 2025
Letter to Colleagues and Friends

2025 01-07 Update Regarding CTA Filing Status-page-001

Injunction Against Enforcement of the Corporate Transparency Act

As predicted by our firm, on December 3, 2024, a Federal District Court in the Eastern District of Texas granted a nation-wide injunction against the enforcement of the CTA, including the enforcement of the Reporting Rule 31 C.F.R. 1010.380 (BOIR) on the basis that it is a constitutional overreach on behalf of Congress. As such, without further order of the Court, Reporting Companies need not comply with the CTA’s current beneficial ownership-related information report deadline of January 1, 2025.

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Letter to Colleagues and Friends

Corporate Transparency Act Summary

Strazzeri Mancini - CTA Summary attachment-page-001

Proposition 19

The current law allows for a personal residence to be distributed to a child without a reassessment regardless of the value of the residence. In addition, other real property in the aggregate of one million dollars can avoid reassessment.

Proposition 19 passed on November 3, 2020 significantly limits the ability of parents to leave real estate to their children without a reassessment of property taxes.

On December 11, 2020 the California Board of Equalization (BOE) issued guidance to the County Assessors. The BOE states Proposition 19 adds new provisions for a base year transfer of a primary residence.

Click on the image below to read the full white paper on Proposition 19.

2021 0201 Proposition 19 MPA Test_Page_1

Strazzeri Mancini was honored to again be featured as the Law Firm of the Month in the September 2020 issue of the San Diego Attorney Journal Magazine. Please enjoy the below article entitled Gratitude, Evolution, and Resilience that describes how the firm has evolved in to the Family of Resources it is today and our gratitude to those who have contributed over the years.

Wealth Design: A Case Study

What do you do when you land that dream client? Joe Strazzeri will walk you through a case-study to make sure you are crossing the ‘t’s and dotting the ‘i’s for your client. He will describe how to take a comprehensive look at the family’s dynamics, estate assets, and goals leading to a plan that can meet the clients’ objectives.

Why Nevada video series with Jeffrey Dunham and Joe Strazzeri

One of the biggest drivers for clients when it comes to financial/estate/legal planning is that they want to preserve their assets by saving on taxes – whether it be estate tax, income tax, or capital gains tax.

Join Joe Strazzeri, along with our good friend and partner, Jeffrey Dunham, as they have an informal and straightforward discussion about “Pulling Back the Curtain on Nevada Trusts.” Gain a high-level understanding of why and when a Nevada Trust might be an option as well as some of the most asked questions regarding features, types, benefits, opportunities, and advantages. It doesn’t have to be that complicated!

Watch the full 23-minute video or one of the 9 Snippets broken into digestible nuggets of information as follows: