News

As the end of 2024 rapidly approaches, we wanted to bring to your attention the following changes in estate and gift tax exemptions under current Federal law as well as the legal changes discussed below. As always, we encourage you to reach out to us to discuss how these changes may be relevant to your … Continue reading 2024 Year End Estate Planning and Tax Alert →

  On September 13, 2021, the House Ways and Means Committee inserted an amendment into the House’s Omnibus Reconciliation Bill, which included a number of proposed tax changes.  The Senate will introduce its own version of the bill, which may include some of the same proposed changes and may include additional proposed changes.  Currently, it … Continue reading 10/1/2021 – SMC Tax Update – Proposed Tax Changes →

Dear Clients, Colleagues and Friends, Our firm is excited to announce its new name.  As of June 1, 2021, our firm will be known as Sullivan, McGibbons, Crickard & Associates, LLP.   The change reflects our proud addition of Jeremy B. Crickard as a new partner and new member of the firm’s executive committee. Jeremy is … Continue reading 6/1/2021 – Firm Name Change Announcement – Sullivan, McGibbons, Crickard & Associates, LLP →

Sullivan, McGibbons & Associates is pleased to welcome Jeremy B. Crickard as a Partner to the firm. More information to follow soon!

Proposition 19 and the Change in Property Tax Rules: Proposition 19 recently passed in California, and contains two main changes in California property tax assessments that may impact your estate planning.  Changes to the Parent-Child Exclusion and Grandparent-Grandchild Exclusion Effective February 16, 2021, Proposition 19 will substantially restrict the availability of the parent-child exclusion from … Continue reading 11/25/2020 Update – Proposition 19 and Changes to Property Tax Rules →

The SECURE Act: How It May Impact Your Estate Plan The Setting Every Community Up for Retirement Enhancement Act (the “SECURE Act”), became effective on January 1, 2020. With this Act, for many beneficiaries of retirement plans, payout over life expectancy has been eliminated. Prior to the SECURE Act, any person, or particular types of … Continue reading 2020 – The SECURE Act: How It May Impact Your Estate Plan →

As of June 1, 2020, and in accordance with state and local directives, the firm’s physical office has reopened with limited staff during regular business hours.  We remain fully operational, with the exception of limited client signings by appointment only.  We are checking voicemail messages and e-mails on a regular basis and will respond promptly. … Continue reading 6/1/2020 – SMA Office Reopening and Updated Protocols →

In accordance with state and local directives, the firm’s physical office is currently closed as of March 20, 2020 and the entire office is on a “work from home” platform.  We are fully operational with the exception of no in-person meetings until the stay at home order is lifted.  For new and ongoing client communications, … Continue reading 3/20/20 – SMA Protocols during Covid-19 – UPDATED →

SMA is excited to announce that Jennifer M. McGibbons has been named in Super Lawyers as the Top 25: 2019 Women San Diego Super Lawyers List!  Please find the link below for more information. https://www.superlawyers.com/california-san-diego/toplists/top-25-2019-women-san-diego-super-lawyers/485647024b3598cebfa72f5b68546662 https://profiles.superlawyers.com/california-san-diego/san-diego/lawyer/jennifer-m-mcgibbons/916bf110-577b-4187-8f62-39185036d5f8.html?utm_source=916bf110-577b-4187-8f62-39185036d5f8&utm_campaign=v1-slbadge-top-25women&utm_content=profile  

SMA is moving its office effective December 1, 2018.  Our new address is 12230 El Camino Real, Suite 130, San Diego, CA  92130.  No change to phone, fax or e-mails.