With many people's familiarity with terms such as "executor" or "personal representative," clients are often confused when we discuss a revocable trust as an estate planning instrument and they hear new terms such as "trustor", "trustee", and "beneficiary." Below we...
In a move that many people would consider questionable, Bill Cosby moved forward to use an umbrella policy tied to his homeowners' insurance to pay his legal fees and any potential judgments stemming from the litigation brought against him. This attempt, however, has...
Last week, a social media post regarding a commercial real estate lease has gone viral. Yes, you read that correctly, a social media post regarding a commercial real estate lease went viral (over 1,800 comments and 2.5 million views). I never thought I'd see that day....
LEGAL TRENDS IN CALIFORNIA: SUPER-MAJORITY REQUIREMENT TO INCREASE TAXES AT PERILThe Fourth District Court of Appeal (San Diego County) ruled that approval of local tax increases placed on the ballot by citizen's initiative instead of by a government agency may be...
Unlike typical eviction actions for tenants renting a home or apartment, evictions in mobilehome parks are complex and have a variety of pitfalls to watch out for. In addition, evictions of tenants in mobilehome parks are governed by the Mobilehome Residency...
About this time each year, The Loftin Firm sends out reminder letters to its business clients reminding them of their upcoming 2016 annual meeting requirement. Far too often, businesses are so focused on driving business-related growth that the simple compliance...
On Friday evening, at its 2016 Annual Business Awards Dinner, the Carlsbad Chamber of Commerce selected the Firm's founder and managing shareholder, Sue Loftin, as Businessperson of the Year.Congratulations Sue!
To the untrained eye, a commercial real estate transaction should seem simple. A business sees an ideal location, finds out how much it would cost to run their operations from the location, negotiates a price with the owner, and the transaction concludes.While this...
A revocable trust is an estate planning instrument (1) created by a Settlor (2) during his or her lifetime, and (3) funded during his or her lifetime with the bulk of the Settlor's assets (4) for the purposes of avoiding probate. Although there are certainly other...
In an interesting turn of events, SeaWorld Entertainment announced that it's ending its orca breeding program (effective immediately) and theatrical orca whale shows (phasing out over the next year). Despite public backlash from the documentary "Blackfish" and onerous...