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TITLE INSURANCE ISSUES AFTER TRANSFERRING REAL PROPERTY TO REVOCABLE LIVING TRUST

Posted on 12/27/2016 by in Title Insurance Revocable Trust Real Property Property Transfer to Revocable Trust

If you know someone who already has a living trust, they may be in danger of losing their home! Anyone who has transferred real property to their revocable trust must consider the dangers of their title insurance policy becoming invalid after such a transfer, and should explore their options.

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THE DEFEND TRADE SECRETS ACT OF 2016: FEDERAL JURISDICTION FOR TRADE SECRET LITIGATION

Posted on 8/14/2016 by SuperUser Account

The federal Defend Trade Secrets Act of 2016 (“DTSA”) was enacted on May 11, 2016, after it was unanimously passed by the Senate and ratified by the House in a 410-2 vote.

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CALIFORNIA TRANSFER ON DEATH (TOD) DEEDS

Posted on 7/1/2016 by SuperUser Account

Effective on January 1, 2016, California Assembly Bill 139 enacted California Probate Code § 5600, et. seq., which permits an individual to transfer real property upon death using a revocable transfer on death (TOD) deed.

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SECURITIES ISSUES FOR STARTUPS: CALIFORNIA LIMITED OFFER EXEMPTION NOTICE

Posted on 6/10/2016 by SuperUser Account

There are many dangers in forming a company without advising an attorney, such as failing to file a securities registration exemption with the California Department of Business Oversight (DBO) and federal Securities and Exchange Commission (SEC).

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Selling Your Business To A Financial Buyer vs. A Strategic Buyer

Posted on 5/6/2016 by SuperUser Account

Whether you want to sell your business next year or a decade from now, you will have two basic options for an external sale: the financial or the strategic buyer.

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HANDWRITTEN AMENDMENTS TO ESTATE PLANNING DOCUMENTS: LAST MINUTE CHANGES

Posted on 5/4/2016 by SuperUser Account

Many individuals may believe they cannot amend their estate planning documents without involving an attorney. While this is not entirely true, it is extremely discouraged because any such amendments can be very ambiguous and incomplete, and subject your estate to litigation. However, you may not have the opportunity to contact an attorney to amend your documents if your medical condition is grave.

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ARE UNSIGNED CONTRACTS ENFORCEABLE IN CALIFORNIA?

Posted on 4/17/2016 by SuperUser Account

As an owner or employee of a business, you may frequently negotiate business deals with customers, vendors, and other third parties. After negotiations, parties may fail to actually sign written contracts, relying on each other’s word.

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Market Pulse Quarterly Report Shows 2015 Ended With Strong Sales of Businesses and Optimism is Growing for 2016

Posted on 3/16/2016 by SuperUser Account

The quarterly Market Pulse Survey published by the International Business Brokers Association (IBBA), M&A Source and the Pepperdine Private Capital Market Project showed that business sales remained strong in 2015 especially in the Main Street market.

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2016 CALIFORNIA EMPLOYMENT LAW UPDATES

Posted on 2/4/2016 by SuperUser Account

This year the California Legislature added numerous new employment laws, most of which become effective on January 1, 2016. Some of these laws impose new regulations on employers, while others provide positive benefits such as safe harbors and incentives to employers who reclassify independent contractors as employees. This newsletter highlights a few of the new provisions taking effect on January 1, 2016, that will more greatly affect employers.

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BENEFITS OF A COMPREHENSIVE DURABLE POWER OF ATTORNEY AND ADVANCE HEALTH CARE DIRECTIVE

Posted on 1/7/2016 by SuperUser Account

When people think of estate planning, they most often (and mistakenly) think only of trusts/wills and what happens to their assets upon their death. However, a comprehensive Durable Power of Attorney for Property Management (“DPA”) and Advance Health Care Directive (“ACHD”) provide important before-death benefits that are typically overlooked.

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PIERCING THE CORPORATE VEIL: WHEN YOUR LLC OR CORPORATION DOES NOT PROTECT YOU FROM PERSONAL LIABILITY

Posted on 11/18/2015 by SuperUser Account

One of the main reasons business owners form corporations and limited liability companies (LLCs) is to avoid personal liability for debts and liabilities of their business. Generally, business owners are protected from the debts and liabilities of their corporation or LLC because these entities are considered separate and distinct from those who own them (owners of an LLC are referred to as members, and owners of a corporation are shareholders).

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THE AMERICAN TAXPAYER RELIEF ACT OF 2012: TIME TO REVIEW YOUR REVOCABLE LIVING TRUST

Posted on 10/8/2015 by SuperUser Account in tax relief

An estate plan is a fine-tuned machine, requiring maintenance and reviews in order to keep the documents up-to-date with the law and major life events. Especially considering the enactment of the American Taxpayer Relief Act of 2012, it is extremely important that an experienced estate planning attorney review your Revocable Living Trust if it was drafted before 2013.

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