About Taylor Darcy

Taylor Darcy was born in Utah and moved in the late 1980s to sunny Southern California. He has lived in places such as Alberta, Canada, Arizona, Montana, and Florida; however, he has always come back to the best weather on earth. Taylor is a graduate of California Western School of Law in San Diego, California, and a California licensed attorney. Taylor has an amazing wife and two beautiful daughters, he and his wife have recently welcomed a baby boy into the family. Taylor likes movies, cars, and motorcycles. When not practicing law, you can find him enjoying all that San Diego has to offer.
5 02, 2019

Does the “Corporate Veil” Really Protect Your Personal Assets?

By |2019-02-04T20:43:00+00:00February 5th, 2019|Categories: Business Formation, Business Planning, Litigation|Tags: , , |0 Comments

You may have done your homework and weighed your options. Perhaps you’ve even considered the tax and non-tax implications for common business entities. We bet you’re also intrigued by the protections certain business entities afford their owners. The “corporate veil” that protects personal assets of the business owners can make [...]

4 02, 2019

An Estate Planning Checklist to Facilitate Wealth Transfer

By |2019-02-02T19:27:42+00:00February 4th, 2019|Categories: Estate Planning, Trust, Will|Tags: , , , , , |0 Comments

Studies have shown that 70% of family wealth is lost by the end of the second generation and 90% by the end of the third. Help your loved ones avoid becoming a statistic. You need to educate and update your heirs about your wealth transfer goals and the plan [...]

2 02, 2019

8 Simple Cost Saving Measures for Small Business Owners

By |2019-02-01T17:55:26+00:00February 2nd, 2019|Categories: Business Planning, Contracts, Financial, Taxes|Tags: , , , , , |1 Comment

All successful businesses do their best to save money, improve efficiency, and increase profits when and wherever possible.  This is especially necessary for small businesses on a tight budget. While there are numerous ways to save money, these eight cost-saving measures are among the easiest to implement: Bargain. Bargaining with [...]

1 02, 2019

Trusts – The Swiss Army Knife of Estate Planning

By |2019-01-31T17:30:27+00:00February 1st, 2019|Categories: Estate Planning, Trust|Tags: , , , , |0 Comments

To the public, a trust may seem like an advanced tool only for the wealthiest among us. But trusts are a foundational estate planning tool with a solid history for being highly effective in ensuring a person’s wishes are carried out. The process begins with the maker of a [...]

31 01, 2019

I’m Starting a New Business – Should I Use an LLC (Taxed as a Partnership) or an S Corporation?

By |2019-01-29T17:40:58+00:00January 31st, 2019|Categories: Business Planning, Taxes|Tags: , |0 Comments

Entrepreneurship has been called the new American dream. Hanging a shingle starts with an idea that develops into a business plan, but not without careful financial and legal considerations. Among the decisions that new business owners grapple with is whether to form a limited liability company taxed as a [...]

30 01, 2019

5 Tips for Successfully Receiving an Inheritance

By |2019-01-28T13:46:22+00:00January 30th, 2019|Categories: Estate Planning|Tags: |0 Comments

If you recently received an inheritance or are expecting to receive one in the near future, it has likely triggered mixed emotions in you. You have lost a loved one and experienced monetary gain. Studies show that a third of Americans who received an inheritance completely spent it within [...]

29 01, 2019

5 Reasons Your Single-Member LLC Needs an Operating Agreement

By |2019-01-28T13:06:19+00:00January 29th, 2019|Categories: Business Formation, Business Planning|Tags: , , , , |0 Comments

An operating agreement is a contract that controls your LLC’s operations as well as member interaction with each other and with the LLC. You may think that an operating agreement is not necessary for your single-member LLC - after all - why make an agreement with yourself? Is the [...]

28 01, 2019

3 Simple Ways to Avoid Probate Costs

By |2019-01-26T12:18:05+00:00January 28th, 2019|Categories: Estate Planning, Probate, Trust|Tags: , , |0 Comments

The bad news: probated estates are subject to a variety of costs from attorneys, executors, appraisers, accountants, courts, and state law. Depending on the probate's complexity, fees can run into tens of thousands of dollars. The good news: probate costs can be reduced by avoiding probate. It’s that simple. [...]

25 01, 2019

Big “Life Changes” Often Mean Big “Estate Plan Changes”

By |2019-01-19T19:25:17+00:00January 25th, 2019|Categories: Estate Planning, Trust|Tags: , , , , , , , , , |0 Comments

Many people who put together an estate plan do so when they start a family - assuming they put an estate plan together during their lifetime. While putting an estate plan together is a good thing to do, many people make few updates once the plan has been created, [...]

23 01, 2019

Four Reasons Why Estate Planning Isn’t Just for the Top 1% Percent

By |2019-01-19T18:58:35+00:00January 23rd, 2019|Categories: Estate Planning, Financial, Taxes|Tags: , , |0 Comments

There is a common misconception that estate plans are only for the ultra-rich - the top 1 percent, 10%, 20%, or some other arbitrary determination of “enough” money.  In reality, nothing could be further from the truth. People at all income and wealth levels can benefit from a comprehensive [...]