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Probate: What to Expect When Your Loved One Dies Without a Trust
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...
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Cryptocurrency and Estate Planning
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...
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Who can be a shareholder/Officer/Director in a NATUROPATHIC PROFESSIONAL CORPORATION?
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...
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Who can be a shareholder/Officer/Director in a MEDICAL CORPORATION?
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...
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Why a BUY-SELL AGREEMENT is one of the most important documents you can create?
Why a BUY-SELL AGREEMENT is one of the most important documents you can create?
Many new business owners in San Diego, California ignore one of the most crucial parts of establishing a business that is a buy-sell agreement. A buy-sell agreement clearly states how certain significant changes to company will influence the...
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10 Important Clauses That Should be in Any Business Contract
10 Important Clauses That Should be in Any Business Contract
Written contracts are the foundation of most modern commercial relationships. A business contract should be comprehensive. The small details always matter. In negotiating an agreement, it can be easy to overlook some important provisions. Here, our San Diego business...
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Pros and Cons of Filing an Entity in Delaware
Pros and Cons of Filing an Entity in Delaware
It’s a common question from many San Diego entrepreneurs and start-up owners if they should file their entity in Delaware instead of California. They notice that many large companies are headquartered in Delaware. According to data provided by the Delaware Division of Corporations,...
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Advanced Planning for Estate Tax Avoidance
Advanced Planning for Estate Tax Avoidance
A provision in the Tax Cuts and Jobs Act (TCJA) doubled the federal estate tax exemption. In 2017, the individual estate tax exemption was $5.49 million. In 2021, the individual exemption is up to $11.7 million. However, the increase is temporary. In 2025, it is scheduled to revert...
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Legacy Planning for Your Family Business
Legacy Planning for Your Family Business
Family businesses play an important role in our economy. According to data from the Family Business Alliance, there are 5.5 million family businesses in the United States. For perspective, approximately 60% of the entire U.S. workforce is employed at a family enterprise.
Building,...
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Probate Process From A-Z
Probate Process From A-Z
Probate is the formal legal process during which a court oversees the administration of a deceased person’s estate. If there is a will, then its authenticity must be proven and its instructions must be interpreted. If there is not a will, then all remaining assets will be distributed in...