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.
12 03, 2019

Making an S Corporation Election as a Married Business Owner

By |2019-03-05T12:42:59-07:00March 12th, 2019|Categories: Business Planning, Financial, Taxes|Tags: , |0 Comments

If you’re a married business owner and you want your business to be taxed as an S corporation, there are several things you need to know. The difference between community property and co-ownership of an asset Let’s take the example of owning a car. If you and your spouse [...]

11 03, 2019

The Trust Protection Myth: Your Revocable Trust Protects Against Lawsuits

By |2019-03-05T12:09:17-07:00March 11th, 2019|Categories: Business Formation, Business Planning, Estate Planning|Tags: |0 Comments

WARNING:  Many people believe once they set up a Revocable Living Trust and transfer assets into the Trust, those assets are protected from lawsuits.  This is absolutely not true. While Trusts commonly offer asset protection for beneficiaries, few Trusts protect assets owned by the person who created the Trust. No [...]

9 03, 2019

LLC Operating Agreement: Is a Non-Compete Clause Necessary?

By |2019-03-04T14:56:22-07:00March 9th, 2019|Categories: Business Planning, Limited Liability Company (LLC)|Tags: , |0 Comments

You and several friends start a new business and operate it as a limited liability company (LLC). Now that you’ve completed the first step—choosing a business entity—it is now important to prepare an operating agreement. The operating agreement is a contract which governs the operations of the LLC and [...]

8 03, 2019

Is a Financial Plan Enough? Why Experts Say You Need an Estate Plan, Too

By |2019-03-04T14:35:55-07:00March 8th, 2019|Categories: Estate Planning, Financial|Tags: |0 Comments

To leave a robust financial legacy for your family, a financial plan alone is like trying to guide a boat with just one oar. It’s only part of the big picture for your overall monetary health. A well-informed financial plan is worth your time for several reasons, but let’s [...]

7 03, 2019

Managing the Money Aspect of Your New Business: It’s Easier Than You Think

By |2019-03-04T14:13:33-07:00March 7th, 2019|Categories: Business Formation, Business Planning, Financial|Tags: |0 Comments

Coming up with a great idea that can be turned into a prosperous business venture takes a certain talent.  Knowing how to get your great idea financed and properly managed, takes another. However, it may be easier than you think.  What You Need, What You’ve Got, and Where to Get [...]

6 03, 2019

Wondering Whether You Need to Update Your Estate Plan? Yes, You Do and Here’s Why

By |2019-03-04T13:44:29-07:00March 6th, 2019|Categories: Estate Planning|Tags: |0 Comments

Please allow us to be frank. It’s unrealistic to think that a piece of paper you draft, reflecting your life at a certain time, will work when your life has changed some years later. We’ll use the Kendrick family as an example. Meet the Kendricks Meet Bill and Karen [...]

5 03, 2019

LLC Management: Who Should Run the Shop?

By |2019-03-04T13:27:27-07:00March 5th, 2019|Categories: Limited Liability Company (LLC)|Tags: , , |0 Comments

Determining who will manage the day-to-day affairs of your business is an important decision. You need to know, at the outset, who will manage operations, both for the success of your business and because the Limited Liability Company (LLC) operating agreement demands it. Luckily, LLC operating agreements are very [...]

4 03, 2019

Did you include your grandkids in your will? 5 Tips to Avoid Common Problems

By |2019-03-04T12:53:51-07:00March 4th, 2019|Categories: Financial, Will|Tags: , , |0 Comments

As we build wealth, we naturally want to pass that financial stability to our offspring. With the grandkids, especially, we often share a special bond that makes us want to provide well for their future. However, that bond can actually turn into a weakness if proper precautions aren’t set [...]

1 03, 2019

5 Things Every New Mother Needs to Know About Wills

By |2019-02-26T21:31:19-07:00March 1st, 2019|Categories: Estate Planning, Probate, Trust, Will|Tags: , |0 Comments

As a new mother, you naturally want to ensure your new baby’s future in every way. For many new mothers, infancy is a time for celebrating new life, and making a will is the last thing on their minds. For others, bringing new life into the world sparks intense [...]

28 02, 2019

Don’t Let Change Wreck Your Business: The Buy-Sell Agreement

By |2019-02-26T20:39:44-07:00February 28th, 2019|Categories: Business Formation, Business Planning|Tags: |0 Comments

Divorce. An unexpected death, disability, or retirement. An irreconcilable dispute. These triggering events may put your successful, stable business into a tailspin. Luckily, a buy-sell agreement can help you and your business be better prepared to handle these events. What is a Buy-Sell Agreement? A buy-sell agreement is a [...]

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