New Law Brings Great Relief for Californians
BY Admin | March 1, 2021 After years of having homestead laws that were supposed to protect the homeowner, the state of California has finally decided to play the game with the right game piece. State homestead exemptions give protection, up to a certain dollar amount, to a debtor, to protect a home and its equity from seizure by a judgment…
Types of Trusts: A Short Primer
BY Admin | October 22, 2017Trusts are used for both estate planning and tax reduction purposes. They can also be a helpful way to address asset protection concerns in some circumstances as well. A trust is a fiduciary arrangement that permits a third party, a trustee, to hold assets on your behalf for the benefit of other people that you…
Quick Primer on Corporate Structures
BY Admin | October 7, 2017Setting up a business can feel overwhelming. There are so many things to consider, including financing, where you will run the business, inventory, and so many other aspects. One of the major decisions that you need to make is what kind of corporate structure will work for your business. Corporate structures are also helpful to…
Concerns, Tax Strategies, and Compliance Issues Related to S Corporations
BY Admin | September 22, 2017S corporations have many advantages, and tax savings are high on the list of benefits. But S corporation tax benefits don’t stop there - the simplicity of the S corp tax form and favorable tax treatment is one of the primary reasons that companies make the switch to this business entity structure. However, there are…
Trusts and Estate Planning: Are You Doing It Right?
BY Admin | September 12, 2017When most people think of estate planning, a simple will comes to mind. However, proper estate planning usually means more than just using a will, and it is certainly not a one-time event that you can check off your to-do list. Instead, your estate plan should evolve with your life and change as your needs…
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