Business law is an expansive niche that governs multiple areas. One of the first things every business owner should do is become familiar with laws pertaining to their industry to ensure they remain in compliance. In recent years, business law has become more complex; particularly in the areas of privacy, fraud, and Internet marketing. Companies […]
read moreWhen it comes time to prepare Wills, people often make an array of excuses to put it off. They think it takes too long or is too costly or that they don’t own anything of value so there’s no point. The truth of the matter is executing legal Wills ensures your estate is settled according […]
read moreTrying to find a good attorney in California can feel like locating a needle in a haystack. With more than 160,000 practicing lawyers it’s helpful to know where to find one that’s suitable for your needs. Five common ways to locate an attorney in California are personal referrals, lawyer referral services, legal aid agencies, prepaid […]
read moreA deed of trust is a legal document needed to record real estate used as collateral to secure financing. The deed is filed through county recorder’s office and creates a first lien on the property. Once the loan is paid in full the lien is removed and the deed is no longer needed. A little […]
read moreA child trust fund can be established to set aside funds for college tuition, living expenses, healthcare costs, and to pass along family inheritance. Since there are various types of trusts it is recommended to consult with a lawyer to discuss overall goals and tax advantages. Prior to arranging a child trust fund to fund […]
read moreBusiness owners who fail to engage in business succession could find themselves in a dire situation if emergencies arise. This strategy is especially important to sole proprietors and small business owners because it authorizes a person to take control and keep the company afloat. Setting up a business succession plan isn’t difficult, but does necessitate […]
read morePeople who engage in strategic planning put together a portfolio of services that protect assets and transfer wealth at the end of life. Taking time to plan ahead can reduce estate taxes and ensure heirs receive inheritance without having to endure probate. If you’re like most, you feel overwhelmed by the task of strategic income […]
read moreArranging a revocable trust is one of the simplest and most affordable ways to protect assets. By transferring ownership of property to a trust the estate bypasses the probate process and assets can be gifted to beneficiaries soon after death. Most people prefer a revocable trust because the terms can be changed when needed. Trusts […]
read moreThis year brings big changes to estate tax, making it more important than ever to engage in estate planning strategies. One of the primary changes is the exclusion amount which declines from $5.12 million to $1 million. Another is the tax rate which increases from 25 percent to 40 percent. Not only do estate tax […]
read morePreparing a Will and Testament is one of the best final acts a person can do for their family. Any time someone passes away without writing a Will their relatives have to make decisions they usually aren’t prepared for. Writing a Will and Testament isn’t a difficult process and offers many benefits. First of all, […]
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