If you are creating an estate plan in California, there are a few common mistakes that you can avoid. One of them is not being an active participant when you prepare it with the help of a professional. You should understand all the elements of your estate plan and ask...
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Some facts about reverse mergers
Reverse mergers, also known as reverse takeovers, are when a private company goes public. This has been a trend that many private companies in California have adopted. During the merging process, a private company becomes the controller of a shell company with fewer...
How to protect your digital assets
When someone dies in California, their will decides how their physical assets will be distributed. But what about their digital assets? An increasing number of people are neglecting to include digital assets in their wills, ranging from social media profiles to money...
Can a will in California be unduly influenced?
Ideally, a will gives your loved ones the chance to divide up their assets according to their last wishes. Unfortunately, this isn't always the case. If someone close to the individual has an agenda, they might influence the individual to write their will in a certain...
Estate plans protect more than just the wealthy
California is one of the world’s largest economies and has many wealthy individuals with plentiful assets to protect. The Golden State also has many hard-working individuals and families who live a mostly middle-class existence throughout their careers. Whether you...
Does your growing business need a policy manual?
The more employees your company has, the more important it becomes that you have uniform policies applied to all of your workers. Just skating by with a verbal explanation of your expectations may be possible when you have one or two staff members. However, once you...
Save money on taxes by knowing gift tax limits
As a part of your estate plan, something you may be interested in is giving gifts to those you love. If you do so correctly, you can prevent taxation and even reduce the value of your estate to prevent estate taxes in the future. Taxpayers are supposed to keep track...
Can the police open your phone?
The police come to arrest you, and you quickly lock your phone and turn it off. You know they’re going to want to look through it, and that’s the easiest way to make it impossible. If you refuse to tell them the password, then they can’t get in. It doesn’t matter if...
Steps you can take to protect your children while estate planning
Deciding to make a last will or estate plan isn't just about having control over your belongings and you die. It's also about making sure the people that depend on have what they need to get by in your absence. Your family will likely never need the protections that...
Selling your home? What can go wrong at closing?
It’s largely a “seller’s market” right now in real estate, which is great news if you want to sell your home and hope to make a tidy profit. Just be wary of some of the issues that can crop up at closing. Knowing what kinds of problems you can face can help you plan...