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Transferring ownership of a home in California to adult children is a significant decision that involves various legal and financial considerations. Because your home is such a valuable asset, it’s imperative that you do this in a way that makes it easiest for them to...
A Payable On Death account, or a POD account, gives you a new option to transfer assets to others. You name a beneficiary on a bank account or another eligible financial account. When you pass away, the beneficiary provides the death certificate or notice to the...
Business succession planning is closely related to estate planning. Many people consider it because they are passing a family business onto the next generation. They can certainly see the benefits for their immediate family members of having a clear, well-defined plan...
A non-disclosure agreement (NDA) can be an important tool in protecting your business trade secrets, confidential information and intellectual property from being disclosed to unauthorized parties. As legal documents, it helps to understand that mistakes can...
Both the seller and the buyer involved in a residential real estate transaction in California have an interest in completing a transaction in a timely manner. It can take weeks to plan for a move to a new home, and there are many other logistical challenges that...
The fewer legal disputes a business faces, the more it can focus on expanding and remaining profitable. Nonetheless, disputes are inevitable from time to time. If your business relies on the products and services of different suppliers, then preventing disputes in...
This year, California enacted a “next-of-kin” law that allows medical facilities to designate a surrogate to speak and make decisions for a patient who is in a condition where they’re unable to speak for themselves. The law applies only when a patient has no advance...
A business succession plan is a form of protection for a company. Owners, managers and executives can benefit from putting together thorough plans to allow someone else to take over their job. Ideally, there will be plenty of time to plan that transition and provide...
Some people experience a decline in their health as they age which will render them dependent on others for meeting their basic needs. Additionally, many people experience some kind of unanticipated medical emergency at some point in life, such as a blood clot or a...
California’s real estate market is somewhat confusing, with various laws and regulations that must be followed. Failure to meet the requirements and standards can result in issues for sellers. Learning more about the state’s real estate laws can help you take the...
