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Wills, Trusts & Dying Intestate: How They Differ

Most people understand that having some sort of an estate plan is a good thing. However, many of us don’t take the steps to have an estate plan ready because we don’t understand the nuances between wills and trusts – and dying without either. Here’s what will generally happen [...]

By |2019-03-21T15:44:37-07:00March 22nd, 2019|Categories: Estate Planning, Probate, Trust, Will|Tags: , , , |0 Comments

5 Key Benefits of a Well-Written Job Description

Although the main purpose of a job description is to, well, describe a job – it actually serves a bigger role.  A job description can improve a company’s ability to manage employees. A well-written job description will: Clarify expectations. Employers need to spell out their expectations of what an [...]

By |2019-03-19T10:22:59-07:00March 21st, 2019|Categories: Business Planning|Tags: |0 Comments

What to Do After a Loved One Dies

If you've been appointed an executor of a loved one's estate, or a successor trustee, and that person dies, your grief – plus your to-do list, including tasks ranging from planning the funeral, coordinating relatives coming in from out-of-town and (eventually) meeting with a trust administration or probate lawyer [...]

By |2019-05-18T16:57:25-07:00March 20th, 2019|Categories: Estate Planning, Probate, Trust, Will|Tags: , , , , , |0 Comments

The Employee Handbook: The Holy Grail of Your Business

Employee handbooks address the who, what, where, why, and how of your business operations.  Your employee handbook will protect you and your business by setting expectations and providing consistency for your employees when situations arise. What Information Should an EmployeeHandbook Include? Ideally, employee handbooks address anything significant related to [...]

Who Should Be Your Successor Trustee?

If you have a revocable living trust, you probably named yourself as trustee so you can continue to manage your own financial affairs, but eventually, someone will need to step in for you when you can no longer act due to incapacity or after your death. Your successor trustee [...]

By |2019-03-05T20:05:21-07:00March 15th, 2019|Categories: Estate Planning, Trust|Tags: |0 Comments

LLC Members: What You Need to Know about Your Fiduciary Duties

As a member of an LLC, you may owe a fiduciary duty to the company. The two key fiduciary duties are the duty of loyalty and the duty of care. Whether you have a fiduciary duty will depend on the LLC’s management structure and whether you have management responsibilities. [...]

By |2019-03-05T18:52:48-07:00March 14th, 2019|Categories: Business Planning, Limited Liability Company (LLC)|Tags: |0 Comments

Your Post-Honeymoon Legal Checklist

Your wedding is over, and the day was perfect. You went away on your honeymoon with your new spouse and had the time of your lives. Now you are back and can breathe a sigh of relief and watch the rest of the years ahead unfold before your eyes. [...]

By |2019-03-05T17:46:19-07:00March 13th, 2019|Categories: Estate Planning|Tags: , , |0 Comments

Making an S Corporation Election as a Married Business Owner

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 [...]

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

The Trust Protection Myth: Your Revocable Trust Protects Against Lawsuits

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 [...]

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