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...
Year: 2022
The pros and cons of a revocable living trust
A revocable living trust is often created alongside a will. It allows you to name your trustee and transfer ownership of your property to them. By doing this, your trustee owns it, but you maintain control of the property while you are alive. Because the trust is...
Estate planning is for younger adults too
Much of the estate planning process centers around making plans should you become incapacitated. While this is certainly something elderly people need to consider, it may also apply to younger adults. Estate planning instruments cover various bases which are as...
Can you prove that a seller knew about a home defect?
Despite urban legends implying the opposite, the person selling you a house does not have to tell you that they believe there are poltergeists inhabiting the property. However, they do have to tell you about known defects with the property that will affect its value...
Is charitable giving a part of your estate plan?
You drafted a will a year ago and it takes into account your spouse, children and other family members. You’ve even considered your closest friends. The people that matter to you most will be secure, no matter what happens in the future. However, a large part of your...
