The individual whom someone names to serve as a trustee is entrusted with a lot of authority over their legacy after they die. A trustee may make decisions about how to invest trust assets and when to liquidate them. They may also be in a position to determine how to...
Many aspiring business owners opt to form their new enterprises as sole proprietorships, partnerships or limited liability companies (LLCs) when they first launch their companies. There are numerous reasons why these business formation structures are appealing to new...
Employment is shifting as the years go by. The work culture is experiencing numerous changes. For instance, many people are now working for passion, not just money. In addition, employers allow employees to choose their work locations and schedule. This new culture...
If you're considering starting a new business or changing the structure of an existing business, one option to consider is forming a Limited Liability Company (LLC). An LLC is one example of a modern business structure. It offers several benefits to business owners....
A common question people have is, what makes a business successful? The answer for this for many people is often a business partnership. By forming a business partnership, you can share any difficulties and rewards with someone who not only compliments your work ethic...
Lawsuits are among the most daunting challenges any business can face. They can be costly, time-consuming and emotionally draining. However, it's crucial to remember that every company, regardless of size or industry, is vulnerable to legal action. If your company is...
Mobile home parks are a way for property owners to maximize the number of units they can have for rent on their property. Anyone who’s considering a mobile home park or who has one should ensure they understand the applicable laws. Remembering these three points can...
Most real estate deals in California close without a hitch, but when it comes to purchasing a commercial property, you need to dot all the i’s and cross all the t’s. This is because making a small mistake during the closing process can harm your investment. When...
Sometimes in business things simply fail to work out as expected. If a business partnership is no longer tenable, the only sensible thing you can do is dissolve the partnership so each party can go their separate ways. No matter the reasons, if you decide to sever...
When you form a business, getting your contracts right will be crucial to your future success. It only takes one poorly written one to put all your hard-earned progress at risk. Each business relationship you have will require a unique contract. Yet every one of them...
