Forming a non-profit organization is a meaningful way to contribute to a cause or community, but it involves careful planning and adherence to legal requirements. Here are some key considerations to guide you through the process: 1. Define the PurposeREAD MORE
Author: Darren O'Loughlin
In California, trustees may be entitled to compensation for the time and effort they spend managing a trust if allowed by its terms. While it is common for California trust to include permissive language for trustee fees, it is notREAD MORE
Forming a professional corporation (PC) in California is an important step for licensed professionals who wish to practice as a corporate entity. This structure provides various benefits, including limiting liability to the entity while providing potential tax advantages. However, formingREAD MORE
When property changes hands in California, one of the critical steps involved is the completion of the Preliminary Change of Ownership Report (PCOR). This form is a required document that provides essential details about the transfer of property and helpsREAD MORE
Probate is a legal process that administers the estate of a deceased person, ensuring the proper distribution of assets. However, this process can be complicated, and many individuals encounter pitfalls when navigating the process. Here are the top five commonREAD MORE
Being appointed as a trustee in California comes with significant responsibilities and fiduciary duties. Trustees play a crucial role in managing and administering trusts for the benefit of beneficiaries. Whether you’re considering taking on the role or seeking clarity onREAD MORE
Trustees in California hold a critical role as fiduciaries entrusted with managing assets for the benefit of beneficiaries. However, when trustees fail to fulfill their duties or act against the best interests of the trust, it can lead to breachREAD MORE
The probate process in California can be complex and daunting, but understanding key tips can help individuals manage it more effectively. Whether you’re an executor, beneficiary, or simply preparing for the future, here are some essential tips to navigate probateREAD MORE
Probate in California can be a daunting process for those unfamiliar with its intricacies. Understanding the basics can help demystify this legal procedure, which is essential for settling a deceased person’s estate. Below, we address some commonly asked questions aboutREAD MORE
Deciding to disinherit someone from your will or trust is a significant and often emotionally charged decision. In California, as in many other states, individuals have the legal right to determine how their assets are distributed after their death. However,READ MORE