Protect Your Business and Family With a Buy-Sell Agreement

Whenever you have a partner or multiple owners in a business, one of the most important—but often overlooked—aspects of the relationship is planning for how it will end. It’s crucial that you come up with a clear exit strategy, and do so at the start of your relationship when things are going well, and not wait until you encounter problems down the road.  Indeed, the more thought you put into your exit plan ahead Read More

Why Putting Your Family Home In A Trust Is A Smart Move—Part 2

If you are like many homeowners, your home is likely your family’s most valuable and treasured asset. In light of this, you want to plan wisely to ensure your home will pass to your heirs in the most efficient and safe manner possible when you die or in the event you become incapacitated by illness or injury.  Indeed, proper estate planning is as much a part of responsible homeownership as having homeowners Read More

California’s Care Custodian Statute

Whether you’re a caretaker who is receiving a gift from someone you built a relationship with or a senior citizen who wishes to repay your caretaker for all they’ve done, you should take the time to educate yourself on California’s Care Custodian statute. Transferring gifts between patient and caregiver is carefully regulated by the state of California to prevent a form of elder abuse named undue influence. Undue Read More

What You Should Know About Your Website’s Terms Of Use

Although it’s the likely most boring part of your website, having a well-thought-out Terms of Use page for your company’s website is a smart move. Your Terms of Use page sets the rules for your company’s website, and going without one opens your business up to a number of unnecessary risks. Also known as “Terms and Conditions” or “Terms of Service,” your Terms of Use function as a legally binding agreement between Read More

Why Putting Your Family Home In A Trust Is A Smart Move—Part 1

If you are like many homeowners, your home is likely your family’s most valuable and treasured asset. In light of this, you want to plan wisely to ensure your home will pass to your heirs in the most efficient and safe manner possible when you die or in the event you become incapacitated by illness or injury.  Indeed, proper estate planning is as much a part of responsible homeownership as having homeowners Read More

Preventing Family Conflict And Disputes Over Your Estate Plan

No matter how well you think you know your loved ones, it’s impossible to predict exactly how they’ll behave when you die or if you become incapacitated. No one wants to believe that their family members would ever end up fighting one another in court over inheritance issues or a loved one’s life-saving medical treatment, but the fact is, we see it all the time. Family dynamics are extremely complicated and prone Read More

Pay It Forward: Understanding Your Options with Charitable Trusts

One of the mainstays of the holiday season is the emphasis on giving. Whether it’s the bell ringers for the Salvation Army outside the grocery store, or nearly every cashier you pass asking if you’d like to round up your purchase to donate to that particular store’s charity, the holidays are the time when giving is most often on our minds and agendas.  Although we’re past the holiday season and into the new year, Read More

How to Maximize Your Startup Cost Deductions

Coming up with a solid concept for a new business and working to get your operation off the ground can be an expensive undertaking. But the good news is that you can write off a number of the expenses involved with the startup process.  That said, the rules for deducting startup expenses are a bit different from those for writing off general business expenses incurred by an existing company. For example, most Read More

The Basics On NFTs: The Newest Cryptoverse Craze

NFTs, or “non-fungible tokens,” are the latest sensation in the cryptocurrency universe, or as many like to call it, the “Cryptoverse.” And if you haven’t heard about NFTs yet, now is a great time to learn because they are likely to be a big part of our collective future.  So what is an NFT? In the most basic terms, an NFT is a cryptographic token that exists on a blockchain and is used to establish proof of Read More

A Not-So-Happy Accident: Bob Ross’s Estate Planning Failures Leave His Son With Next to Nothing—Part 2

As the host of the wildly popular The Joy of Painting TV series on PBS, Bob Ross became a pop-culture icon, who was equally famous for his giant head of hair, soothing baritone voice, and folksy demeanor as he was for his iconic landscape paintings. And like so many other artists, Bob’s artwork and image would become even more popular following Bob’s death in 1995. Bob’s philosophy in both painting and life was Read More