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Special Needs Trust (including First Party and Third Party) Estate planning is complicated—even more so if you have a child, grandchild, or other vulnerable loved one who has special needs. Leaving money, assets, or other property directly to a disabled individual could actually render them ineligible for public benefits. Many programs—Medicaid, Social Security disability, etc—have strict...

When Should You Name a Trust as the Beneficiary of Your 401k/IRA? Defined contribution plans account for an increasing share of American retirement savings. The United States Bureau of Labor Statistics (BLS) reports that the majority of workers now contribute something to a defined contribution retirement plan. Tax-advantaged defined contribution plans—such as 401(k)s and IRAs—can help people...

Steps to Creating an LLC in California A limited liability company (LLC) is an effective, efficient legal structure for many different types of businesses. If you are considering forming an LLC in California, it is crucial that you understand the steps that you need to take and your ongoing/future tax obligations. In this article, our San Diego business lawyer highlights the steps to creating...

Asset Purchase vs Stock Purchase When Purchasing a Business Are you preparing to buy a business in San Diego, California? If so, it is crucial that you conduct the proper due diligence and ensure that the transaction is structured in the most advantageous manner possible. One of the key decisions that you will need to make is whether to proceed with an asset purchase or a stock purchase. In...

Importance of Partnership Agreements in Business No one wants to end up locked in a difficult dispute with a business partner. A partnership dispute could cause serious harm to the business. Every business partnership in California should have a comprehensive, well-drafted partnership agreement in place. An agreement serve two...

LLC for Real Estate Investing and Airbnb The real estate market was scorching hot in 2021. According to the National Association of Realtors (NAR), U.S. residential real estate prices surged by nearly 14%—one of the sharpest spikes on record. With the rise of mass consumer market vocational rental platforms (Airbnb, Vrbo, etc),...

Probate: What to Expect When Your Loved One Dies Without a Trust Are you preparing for the probate process in San Diego County? If your family member or loved one passed away without trust(s) in place, a significant portion of their estate may need to go through probate. It is important to know what to expect. At The Law Office...

Cryptocurrency and Estate Planning Bitcoin, Ethereum, and other cryptocurrency represent a growing share of global wealth. According to a survey conducted by the Pew Research Center, 16%of Americans state that they have purchased, traded, or used cryptocurrency. This raises an important question: How do you include...

Who can be a shareholder/Officer/Director in a NATUROPATHIC PROFESSIONAL CORPORATION? A Naturopathic Doctor Corporation is a professional corporation which is formally recognized and designed to offer services as Naturopathic doctor by the Naturopathic Medicine Committee of California. Practicing as a professional California...

Who can be a shareholder/Officer/Director in a MEDICAL CORPORATION? In San Diego, California the creation of a medical corporation to practice can offer several legal benefits over the practice as a sole owner. But it is a difficult procedure to incorporate a professional corporation which requires careful observance of state...