New Law Brings Great Relief for Californians
BY Kendal Blunck | 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…
FAQs About S Corporations
BY Kendal Blunck | July 25, 2017There are two types of corporations—C Corporations and S Corporations. When most people think of a corporation, their mind automatically goes to a traditional C Corporation, although they may not realize it. While both entities are remarkably similar, they have some significant differences as well. If you are starting a business, you may want to…
Simple Steps to Setting Up An LLC
BY Kendal Blunck | July 20, 2017Limited Liability Companies (LLCs) are popular business structures because they combine the asset protection benefits of a corporation with the simplicity and tax advantages of a sole proprietorship or partnership. One of the many benefits of forming an LLC is that it requires very little ongoing maintenance or filing obligations. However, you still need to…
Choosing Your Business Structure: S vs C Corporations
BY Kendal Blunck | July 17, 2017Choosing the right structure is extremely important to your business, and it matters for asset protection purposes as well. Once you have decided to go with a corporation, you still need to decide whether you want to organize as a C corporation or an S Corporation. There are some important differences that you need to…
5 Ways the Corporate Veil Can Protect You
BY Kendal Blunck | June 30, 2017Limited liability companies (“LLC”) and corporations are useful asset protection tools because they are both entities that exist separate and apart from their owners. They offer personal asset protection and an array of other benefits, which is why many people use them as wealth planning or asset protection tools. This separate entity and related security…
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