A ballot measure to tax vacant apartments in San Francisco – the “Empty Homes Tax” – acquired enough signatures to be certified for the November 2022 ballot.  If passed, the measure would take effect in 2024 and would apply to residential buildings with three or more units.  In the first year, any unit that sits…

In 2021, California adopted the Uniform Partition of Heirs Property Act (AB 633, codified at Code of Civil Procedure §874.311 et seq.). The Act affects the ownership and division of real property following the death of family member. Take the following scenario. An elderly parent passes away, survived by three adult children. The parent had…

Effective January 1, 2022, California Assembly Bill 1079 (“AB 1079”) amends Probate Code sections 15800 and 16069, clarifying certain trustee obligations when the settlor of a revocable trust is incapacitated. When a trust is revocable, the trustee must provide fiduciary accountings to anyone who has the power to revoke the trust.  Generally, only the settlor…

San Francisco, CA – Rimon is pleased to welcome Joseph Ferrucci as a Partner in the firm’s Trusts & Estates Practice based out of the firm’s San Francisco office, the 32nd partner to join Rimon this year. Mr. Ferrucci joins Rimon from Anderson Yazdi Hwang Minton + Horn LLP, where he was of counsel. With over a decade of hands-on experience, Mr. Ferrucci offers the full range of trusts and estates legal services to clients, including providing sophisticated estate…