Oftentimes an estate plan has both a will and trust. People in San Diego may wonder why both these documents are valuable, and which is more important. The importance is in the eye of the person whose estate plan it is, but it is important to understand the advantages...
What is the benefit of a special needs trust?
Parents of special needs children often take steps to ensure that their young ones receive various forms of care. Unfortunately, a parent cannot expect to be around forever. Parents or guardians in California may worry about their mortality and their children's'...
About the limited liability company classification
Entrepreneurs and business owners of San Diego may want to know more about the Limited Liability Company structure. Allowed by a state statute, an LLC is made up of members. These could be individuals, corporations, foreign entities or other LLCs. According to the...
LLC elections impact taxation specifics
State statutes in California and across the country allow for the formation of different types of business entities, including limited liability companies. The owners of a limited liability company are referred to as members. Ownership is generally not restricted, so...