Estate Planning for Business Owners: 4 Ways You Can Incorporate Your Business Interests Into Your Estate Plan

Estate planning, as a process, offers a wide range of flexible tools that you can use to plan for your personalized needs. For example, if you own a business, you can use your estate plan to specify what will happen to your business should you become incapacitated or pass away. This minimizes the amount of work and tough decisions for your beneficiaries, and may even help you keep your business out of probate. Read More

California Estate Planning: Who Gets Your Business If It’s Not In Your Estate Plan?

Estate planning can be overwhelming, and it gets even more complex if you own a business that needs to be distributed amongst loved ones and family members. Your estate plan should specifically include what you wish to happen to your business and what provisions should be made for beneficiaries who want to sell their portion of the business. If your business is not included in the estate plan, or your business does Read More

Filing For a Trademark in the United States? How This New Trademark Rule Affects You

In early August of 2019, the United States Patent and Trademark Office passed a new rule restricting applications for US trademarks by foreign applicants and registrants. If your trademark application was submitted prior to August 3, 2019 and is approved, this law does not affect you. If your application requires further action or is filed after August 3, 2019, you will need a US-licensed attorney. New Read More

Business Owners: Evenly Distribute Your Assets in Your Trust After You Pass

As a business owner, you need an estate plan that addresses the management and distribution of your business after you pass. Depending on the other assets you have, there are several ways you may choose to structure your estate to ensure that your children are treated equally during estate administration if you own a business. Planning for Your Largest Asset It’s essential to work with an estate planning lawyer Read More

A Brief Overview of Business Succession Planning

As a business owner, you have put a lot into your company. Beyond the obvious financial investments and sacrifices you’ve made, you’re poured your ideas, time, and energy into building your business to its current state. That’s why it’s so important to include business succession planning in your estate planning efforts.  Figure Out When You Want to Leave Perhaps one of the most important questions to answer as Read More

Understanding the Difference Between an LLC and a Corporation

When you’re starting a business in California, one of the first decisions you’ll need to make is what form it will take. Two of the most common types are LLCs and corporations, and understanding the differences between the two can help you decide which structure will work best for you. An Overview of Limited Liability Companies (LLCs) LLCs are a flexible business structure, which makes them the entity of choice Read More

It’s Never Too Early to Start: 5 Important Reasons to Begin Building Your Estate Plan Today

Estate planning is an essential part of preparing for the future, but it seems like people put more thought into which car they want to buy or where they want to spend their 25th anniversary than who receives all of their assets after they pass away. Sometimes this failure to consider the future is unintentional. When you’re growing a family or building a business, you’re focused more on present needs and decisions. Read More

Springing Vs. Non-Springing Powers Of Attorney

If you do not have a Power of Attorney for Finance (“POA”) as a part of your estate plan when you become incapacitated, the results may be devastating. Your family will almost undoubtedly have to petition the court to establish a conservatorship to make financial decisions on your behalf (and medical decisions if you do not have an Advance Health Care Directive (“AHCD”). With a POA, your family will likely be Read More

What Are My Options If My Trademark Office Action Will Be Denied?

Trademark applications are commonly refused because of a likelihood of confusion between the applicant’s mark and a prior pending or existing registered mark. If your trademark application falls in this category and responding to an Office Action is not feasible or your response will not approved, there are several other options you can pursue to remedy the issue.   Negotiate With The Owner of the Read More

What Is The Trademark Registration Process In The U.S.?

Filing a trademark application with the U.S. Patent and Trademark Office (USPTO) starts an often complex and lengthy legal proceeding that continues for approximately eight or twelve months. A timeline of the most critical stages is helpful to understanding the overall process.   Initial Filing and Examination Process You can file a Use-Based application or an Intent-To-Use application using the Read More