What is Reverse Piercing?

Protecting your personal assets from your company's liabilities is a crucial aspect of risk management. The same is true in reverse – protecting your company’s assets from personal liability is just as important. Limited Liability Corporations (LLCs) have long been favored by business owners for this very purpose. They generally shield assets from both directions of liabilities. However, there are situations where Read More

As Your Business Grows, So Too Do Your Liabilities

Growing your business is more than just numbers on a balance sheet. It's a testament to your dedication, hard work, and vision. Growth is an achievement to be celebrated and we’re not here to take away from that, but it’s important to be prepared for the changes to come. At Dahl Law Group, we celebrate and champion the growth of businesses. We want to see you expand, hire more employees, and make your mark. Our Read More

What is a QTIP Tax Election in Estate Planning?

Qualified Terminable Interest Property (QTIP) Trusts are an excellent estate planning tool for individuals who need to save on estate taxes while providing for a surviving spouse and, eventually, chosen heirs and beneficiaries. They provide flexibility and control over the assets and funds held within the irrevocable trust while also limiting the tax consequences. We want to explore the several benefits of this Read More

Mediation vs. Arbitration vs. Litigation: What’s the Best Route for You?

Disputes arise in the course of doing business. In a perfect world, businesses and individuals would be able to avoid all legal issues and liability, but we don’t live in a perfect world. Thankfully, dispute resolution takes on a number of different forms depending on the resources, facts, and agreeability of the parties involved. The goal of dispute resolution channels should be to lessen the blow of these Read More

California Could Modernize Notary Public Guidelines, Allowing Remote Notarization

A bill working its way through the California Assembly would bring a significant change to notary public guidelines in our state – allowing for remote online notarization (RON). Assembly Bill 743 is the latest version of such a bill, with previous versions stalling at the committee stage. California, in this case, is well behind the countrywide standard as 43 other states already have RON laws in effect at this Read More

Do You Qualify for a Qualified Business Income (QBI) Deduction?

As a business owner, protecting your financial interests is tantamount to the continued success of both your professional and personal financial pictures. Understanding the various tax breaks available to you and how they impact your finances is a vital element of this. A QBI deduction is one such tax break that offers significant savings for qualified business owners. These have been available since 2018, but Read More

A Guide to California Guardianships for Minor Children

Our children are our future. It’s important that they have the resources, tools, and support needed to grow, learn, and prosper. This becomes a significant challenge when a minor child in California either loses their parents or has parents who are otherwise unable to fulfill their child’s needs. Guardianships in California offer protection and peace of mind for the days, weeks, and months to come, but they often Read More

Distinguishing Between an LLC and Corporation

Choosing the right entity for your business is key to future success. Different businesses have different needs, so choosing between a Limited Liability Company (LLC) and a corporation (such as an S-Corp or C-Corp) is a vital step in the process. Businesses owners regularly struggle with this decision, with each offering its own unique features, regulations, and challenges. We want to help you understand your Read More

Are Non-Compete Clauses Legal in California?

Non-compete clauses have been in the news at the federal level in recent months due to a Federal Trade Commission (FTC) proposed rule to ban them. This move comes on the heels of an executive order from the Biden administration asking for the FTC to do exactly that. Federal officials claim these clauses are mostly used to suppress wages and result in limited competition and innovation. Businesses are pushing back, Read More

Why You Need a Pour-Over Will in Your Estate Plan

Proper estate planning requires a thorough approach to your situation. You need a plan that covers all of your needs and plans for everything that life throws your way. Our team focuses on a holistic approach to planning that provides significant financial advantages but also ensures you’re protected. You have worked hard for the wealth and assets you own today and part of estate planning is dictating what happens Read More