Publications - Ascendant LLP

Strategic Asset Protection in an Era of Heightened Immigration Enforcement

Raul Escatel
Asset Protection

I. Introduction As of June 2025, approximately 51.9 million immigrants reside in the United States, comprising 15.4% of the national population—the highest proportion on record. The U.S. hosts more immigrants…

IRS to Share Taxpayer Data with Immigration Authorities

Raul Escatel
Income Tax Planning

In a sharp departure from long-standing practice, the Internal Revenue Service (IRS) entered into a formal agreement with the Department of Homeland Security (DHS) to share certain taxpayer information…

Claiming a Casualty Loss Deduction for California Wildfires in 2025

Raul Escatel
Income Tax Planning

The devastating wildfires that swept through Southern California in 2025 (“2025 Wildfires”) left many homeowners and businesses grappling with significant property damage and financial losses. In response…

2025 Best Law Firms Award

Alexander D. Lee
Announcement

Ascendant LLP has been named to the 2025 Best Law Firms list by Best Lawyers! We are thrilled to share that Ascendant has achieved: – National Tier 2 ranking in Tax Law – Metropolitan Tier…

Welcome to Our Newest Attorney, Yuri Choe

Aaron Yen
Announcement

Announcement: October 01, 2023 Welcome to Ascendant LLP’s Newest Attorney, Yuri Choe We are delighted to welcome Yuri Choe as Ascendant LLP’s newest attorney. Yuri’s expansive corporate and…

FDIC Increases Insurance Coverage for Trust Bank Accounts

Alexander D. Lee
Asset Protection

Effective April 1, 2024, trust bank accounts (both revocable and irrevocable) will now be insured up to $1.25 million rather than the current $250,000.00. This is huge news to clients who have funds across…

Winter is Coming in 2024: The Corporate Transparency Act

Alexander D. Lee
Business Formation

The Corporate Transparency Act (CTA) was enacted by Congress in January 2021 to address the issue of anonymous shell companies being used to facilitate illicit activities such as money laundering, terrorism…

Piercing the Corporate Veil in California

Alexander D. Lee
Business Formation

Setting up a limited liability company (LLC) or a corporation in California can offer several benefits for business owners. One of the primary benefits of forming an LLC or corporation is limited liability…

美国信托规划功能简介

Aaron Yen
Trust Planning

在美国信托是一种常见的资产规划工具，通过将客户的资产放入一个独立的法律实体（简称信托）管理，以实现特定的规划目标。信托不只可以帮客户管理财富，同时减少风险、保护资产，并为遗产规划提供程序上、费用上或税收上的优化。信托的管理人，负责管理信托中的资产，以满足信托的目标。…

税务规划访谈

Aaron Yen
Income Tax Planning