Are there still fiduciary duties in a family owned business? Are they different or relaxed because the stockholders all happen to be related to management?The short answer is that yes, there are fiduciary duties, and no, they are not different or relaxed. The law does...
Who will inherit your estate depends on whether or not you have an estate plan completed. If you have a Will or a Trust, you have designated beneficiaries that will receive the value of those assets which remain in your estate at the time of your death.If you do...
Probate and Estate Administration are two sides of one issue - the distribution of estate assets. A primary reason for preparing a trust in California is to avoid Probate and keep an estate out of court. When an estate does not go to Probate, then Estate...
Deducting charitable donations is important for both the donor and the charitable organization. To obtain a charitable tax deduction and/or to offer to the public a charitable donation opportunity, the organization MUST be a qualified organization under the...
An Estate Plan can be like your car. You purchased a car that will be reliable and long lasting; however it requires periodic check ups and maintenance. Your North County attorney cannot prepare your Estate Plan to be suitable indefinitely. Changes in life...
There are many different kinds of trusts. For example, there is the common inter vivos trust (which is often referred to as a "living trust"), and there are more rare variations, such as the "pet trust." While some trusts may have similarities, each is unique and may...
The California Supreme Court extended litigation risks when Selling, negotiating, inducing someone to sign an agreement with you prior to or atthe time of signing can now lead to litigation. A new sequence of cases makes it easier to litigation fraudulent...
Why should a Carlsbad Estate Planning Attorney prepare your will and trust rather than simply go on line and prepare it yourself? Many commentators suggest that legal services are becoming a commodity and, while this may be an emerging trend, the San Diego...
Mediation and arbitration are two separate and distinctly different strategies to resolve a dispute. The role of a mediator is to provide a forum in which two parties can discuss and negotiate a settlement between themselves. The mediator does not provide a...
Many real estate sales contracts, leasing agreements, medical agreements, and many other types of contracts have a provision which mandates that in the event of a dispute, you agree to "Binding Arbitration" and waive your right to go to court and have a jury trial....