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...
Have you considered the benefits of having an estate plan?
Beginning an estate plan is often easier said than done. Though you and many other California residents understand the importance of having an estate plan in place, you may feel uneasy about thinking about your demise or feel uncertain about how to begin getting such...
Probate litigation can occur due to a breach of fiduciary duty
As a San Diego attorney, you always want to do your best for your clients. In some cases, that may mean referring your clients to another attorney in your area because you do not handle their specific type of case or cannot take on the case at the current time. Though...
The fate of a small business after its owner dies
If your parent was passionate about the California business he or she built from the ground up, you likely spent many dinners and holidays hearing stories about clients or jobs that made your loved one particularly proud of the work he or she did. Your parent had a...
5 questions to ask when on the fence about estate planning
Depending on your circumstances in life, you may be among the many people who feel that you do not need to create an estate plan. You may think that your loved ones will automatically know what to do with your belongings after your passing and to generally settle your...
Do beneficiaries wait on information from an estate executor?
If you have recently lost a loved one, you likely feel somewhat lost. The person may have been a major facet in your life, and now, you wonder how you will get on without him or her. Of course, you likely also have concerns about how the remaining estate will be...
Are you sure you can handle the role of executor?
A loved one's passing can take a significant toll on any California resident. Everyone deals with grief in his or her own way, and it can prove challenging to work through such an experience. Of course, some parties may have more to address during this time if they...
Will your estate be subject to federal taxes upon your death?
Estimates indicate that no more than 1% of Americans will even need to consider whether estate taxes will be an issue upon their deaths, and some of them could live right here in California. If you are among those with an estate valued at greater than $11.4 million as...
A parent’s dementia diagnosis may spark need for estate planning
Parents love having the ability to watch their children grow. Over the years, however, the tables often turn, and adult children watch their parents age and sometimes struggle with illness and mental decline. While facing this type of situation, you may have many...