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Your family business was passed on to you by the previous generation, and your intention is to follow this trend. You’re reaching retirement age now and it’s time to think about the future. You aren’t always going to be physically able to cope with the strain of...
It’s natural to want to leave something behind for the people and causes you care about when you die. To do so, however, you need to articulate your wishes in writing. And one of the most effective estate planning tools you can use to achieve this is a will. ...
You have probably thought about what will happen to your estate when you are gone. Will your heirs mismanage their inheritance? Will future generations benefit from the family wealth? You may want to consider including a trust in your estate plans if you have such...
Starting a new business in California always comes with risk, which is one reason why people start formal business entities. They want to protect themselves from legal liability and reduce the taxes that they may have to pay if the business proves successful. People...
As with many things regarding commercial property, lease pricing is more complicated than that used for residential property. Commercial landlords can choose from one of several ways to price their premises. Not only can that make comparing the price of different...
Most Americans lack an estate plan. To put it in another way, only one-third of them possess an established will or trust. Some of the reasons why many people don’t have an estate plan are because they either procrastinated or they’re unsure about how to create one...
People who go into business together usually start out with a shared vision for the company. This is usually the driving force for them. As time progresses, that shared vision might become a source of contention when they don’t see eye-to-eye about something that’s...
Adults should have a comprehensive estate plan in place so their loved ones can follow their wishes when they die. Most people have a will written out as part of the estate plan. For those who have considerable assets, a trust might be in order. When you’re ready to...
Wealth can solve many problems, but it can also create them, as most affluent individuals have learned. For example, if you leave behind a high-value estate, your loved ones may face substantial tax hardships. Estate planning empowers you to scale down the apparent...
Many tenants signing a lease on a commercial property simply accept the forms provided by the landlord with no question. Although this approach is certainly expedient, it may leave the tenants vulnerable. Commercial leases often impose numerous obligations on tenants....
