Blogs

Key Elements of an LLC Operating Agreement You may be considering starting a business, and establishing it as a Limited Liability Company (LLC). If so, there are several key elements that you should include in your LLC operating agreement to ensure that your legal rights are protected.Equity...

California Probate Code 850: The Heggstad Petition The California Probate Code 850 is commonly referred to as the Heggstad Petition and avoids the lengthy court probate process by asking a court to transfer a property to a beneficiary following a decedent’s death. This petition is typically...

Estate Planning and COVID-19 If you were in the process of estate planning, you may wonder how you will be able to finish your important legal documents during this time of global pandemic. Many areas are currently requiring shelter-in-place, and those that are not may be by the time this...

Understanding the SECURE Act In an attempt to prevent older Americans from outliving their assets in retirement, the federal government passed The Setting Every Community Up for Retirement Enhancement Act of 2019 in December 2019. Known as the SECURE Act, this law was approved as an...

California AB5 Law What You Need to Know About the New AB5 LawIn September 2019, California Governor Gavin Newsom signed into law the AB5 bill. This “gig worker bill” could potentially reclassify millions of workers in California who are independent contractors and make them employees...

Fraudulent Misrepresentation in Contracts As a business owner, you create contracts that specify certain expectations and requirements agreed to by both parties. When one party purposefully makes a false statement to get another party to sign a contractual, legally-binding agreement, this is...

Checklist Before Buying a Business If you are considering buying someone else’s business, there are many important legal and financial issues to consider. Research needs to be done regarding the financial health of the company, along with ensuring that all state or federal contracts are...

Special Needs Trust for a Child If you have a child who was born with mental or physical disabilities or a child who became disabled later in life and needs someone to manage his or her affairs, you have special and unique estate planning needs. Planning for your child’s financial future is...

What Does the Probate Process Entail? If a deceased person created a last will and testament as part of an estate plan, the last will and testament will have to go through the probate process. The probate process a legal procedure done through a court that authenticates the last will and...

Rights of Minority Shareholders in Small Companies Many small companies grow their business by selling shares of stock in the company. Oftentimes, as time goes on, the group of majority shareholders may attempt to remove the minority shareholders from the company. Perhaps there are different...