For Californians who are starting a business, one of the most important decisions is what entity type to use. There are myriad factors to consider when making that determination, not the least of which is tax law. Of course, there are obvious points to think about...
In an earlier blog post, we discussed estate planning, wills, and living trusts. However, those thinking of creating a living trust may still have questions. First, if one creates a living trust, they will still need to create a will. The type of will recommended is...
A breach of contract can be serious for business owners and can have a significant impact on their business. It is useful for business owners who have a contract dispute to be familiar with the different remedies that may be available to them in circumstances when a...
It is always a good idea for Californians to be proactive in preparing for potential adjustments to tax law. Political fluctuations likely accompany differences with how taxes are assessed and collected. Particularly, this can impact businesses and those who have...
You’ve spotted an opportunity in the market and want to move fast before someone else has the same idea. The only problem is, you don’t have the money to do it all yourself. So you approach a friend and ask if they want to go into business with you. If you want a...
The idea of estate planning is scary. Facing one’s mortality is never easy, but without estate planning all of one’s money, property, and assets, are distributed by the state. California, not the person who passed, determines who gets everything, regardless of the...
When California contractors and property owners have an agreement for work to be performed, each side will want the project to go as smoothly as possible. That generally entails the contractor completing the work as requested and being paid for it. There are, however,...
Communication issues can be problematic in a marriage. They can lead to confusion, misunderstanding, hurt, and even divorce. But poor communication can also lead to serious financial implications, such an unexpected tax liability and allegations of tax fraud. This is...
