Incorporating a business can provide several benefits, including: Limited liability: Incorporating a business limits the personal liability of the owners, also known as shareholders, for the company’s debts and legal issues. Tax advantages: Incorporation can provide tax benefits, such as the ability to deduct business expenses and potentially lower tax rates on business income. Increased …
A new law corporation name must be distinguishable from an existing name. You can search existing corporate names here: https://bizfileonline.sos.ca.gov/search/business The name cannot mislead the Public such as by creating a false implication of government affiliation. Basically, don’t use: “Agency,” “Commission,” “Department,” “Bureau,” “Division,” “Municipal” or “Board” in any name you pick. You must add a “Business …
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There is an interesting provision in the California probate code that is the remains of a bygone era. A holographic will or often called a ‘battlefield will’ is a legally binding document entirely in your own handwriting – no witnesses, no notaries! This type of Will is commonly used as a stop-gap or the best …
A new corporate name must be distinguishable from an existing name. You can search existing corporate names here: https://businesssearch.sos.ca.gov/ The name cannot mislead the Public such as by creating a false implication of government affiliation. Basically, don’t use: “Agency,” “Commission,” “Department,” “Bureau,” “Division,” “Municipal” or “Board” in any name you pick. You must add a “Business entity …
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The County Recorder Protecting property ownership has been a public concern throughout the years. Because of this, the position of the County Recorder was born. This public official handles land transactions. The Official Record is where they keep these transactions. It serves as a permanent record that the public may access to assure transparency. This …
Inheritance in Jewish Law Under Jewish law, the first-born son receives a double share of his parents’ property. As stated in Deuteronomy 21:17: But he shall acknowledge the first-born … by giving him a double portion of all that he hath; for he is the first-fruits of his strength, the right of the first-born is …
How Does a Jewish Inheritance Law favor a Prodigal Son? Read More »
The Inestimable Impact of Roman Law The legal structure of the ancient Romans played a big role in changing the world’s legal system. Its influence started across Europe and extended worldwide. From being an agrarian society, the Roman Empire transformed into commerce. The reliable laws of inheritance were critical to the continuance of Roman society. …
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Dropping Your Child Off At College? Know What Legal Documents They Should Have. They may feel like your kid still, but under the law once they reach age 18 they are an adult and your rights over them are reduced unless they give you authority. That authority breaks down into two categories: 1. Financial; 2. …
“Small businesses,” that is, those that have less than 500 employees, comprise 99.9 percent of all businesses in the United States. The owners of these businesses will, someday, exit their businesses due to retirement, incapacity or death. But most are so busy working that they don’t slow down and think about business succession and estate …
What Will Happen to the Pets When the Owner Becomes Disabled or Passes Away? Most pet owners want their pets to go to good owners if something should happen to them. Providing for Pets Upon the Owner’s Death Outright Gifts The law treats pets as property, and thus an individual cannot leave money outright to …