For individuals who own real estate, it is important to consider the best way to structure your ownership. When you are just starting out as an investor in real…
Continue reading…Risky Business: Piercing the Veil and How it Puts Your Business at Risk
When you create a limited liability company (LLC) or a corporation, the concept of limited liability is one of the key rationales for those entity choices. Limited liability is…
Continue reading…Increase in Creditor Exemption for CA Homeowners
On September 18, 2020, Governor Newsom signed into law Assembly Bill 1885, Section 1 of which increases the homestead exemption against creditors with respect to a debtor’s equity in his…
Continue reading…How Does LLC Ownership Work?
The limited liability company (LLC) is a popular business structure for new businesses, but what does it really mean to own an LLC? LLCs provide unique opportunities to customize…
Continue reading…What Happens to an LLC after a Member Dies?
Death is almost always a complicated event for the survivors, who have not only emotional but also logistical considerations to manage. However, when an owner (typically called a member)…
Continue reading…Five Types of Risk that Businesses Face
Pursuing a business venture naturally involves risk. Eliminating all risk is not an option—there are many factors beyond your control, and it is impossible to prevent every circumstance that…
Continue reading…What is the Difference between an LLC and a Corporation?
When starting a business, a business owner must first choose which type of entity to create. Two of the most popular entity types are the limited liability company (LLC)…
Continue reading…How to Open a Business Account
New business owners often wonder which action items to prioritize when launching a new venture. If you recently started or are about to start a business, one of the most…
Continue reading…Should I Use a Confidentiality Agreement?
Business owners often find it necessary or desirable to keep valuable and sensitive information private. In some instances, a business may have developed certain key elements that help distinguish it…
Continue reading…The Dangers of DIY Contracts
Contracts are an essential component of effective business management and development. Savvy business owners recognize the value of contracts but often explore ways to reduce the cost of obtaining them….
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