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Starting a business can be a challenging task, and it often requires a great deal of effort, resources, and planning. One of the critical decisions that entrepreneurs must make is whether to keep their business a sole proprietorship or a partnership. While there are...
Deciding on a business structure when you start a company is one of the first decisions you have to make. Two of the most common are the sole proprietorship and the limited liability company. A sole proprietorship is the simplest business structure, where you and...
Leaving your house to your loved ones in California can be an important and thoughtful decision. However, the process of transferring ownership can be complicated and confusing. Here are some important steps to take when leaving your house to loved ones in...
It’s often perceived that estate planning is only for the elderly and people with money. Because of this, many young adults don’t consider having an estate plan. However, there are many advantages to developing an estate plan at any age. Here are some things you...
People have been planning their estates for centuries. Like many things that aren’t commonly known or taught, it's very likely you’ve heard a myth or two about the estate planning process. To ensure you’re making the right decisions when planning your estate, you...
Here in Southern California, the price of real estate has skyrocketed over the years. If your parents spent $50,000 on a home back in the 1970s, they may have seen the value grow ten- or twentyfold. That’s especially true if it’s in an area that’s been gentrified or...
People usually tell you to make sure you perform your due diligence before starting a new business or purchasing an existing one. It seems logical, doesn't it? Before starting any new business endeavor, you should be fully aware of what you are getting into. Having...
Starting your own company can be exciting and very rewarding. Years of hard work learning relevant skills and making contacts has finally paid off. Nonetheless, if your plan is to grow and make a full-time income off of your own business, you're probably going to...
One of the first steps that many people take when they decide to do estate planning is simply that they go through and make an inventory of everything that they own. You probably have a general idea of your assets, but it can be helpful to see if there’s anything that...
Every business faces the risk of legal liability and compliance issues. Having well-written policies and procedures helps to mitigate these risks. Not only do they guide employees and managers, but they can also help protect the business in case of a lawsuit or...