Asking, “When should I update my will or trust?” is a very common question. Looking into this can help protect you, your family members and your assets. Some changes in Life Circumstances may give you cause to update your will, trust, and other estate planning documents. Some examples of these are: birth or adoption of [..]
When hiring an independent contractor, having an Independent Contractor Agreement is important. California has very stringent labor laws. First, it is important that you are correctly classifying someone as an Independent Contractor. Incorrectly classifying employees as independent contractors could subject the employer to liability under the Unfair Competition Law. Who creates the agreement? If you [..]
Hiring new employees is an exciting time in your business. However, it usually raises questions related to classification of employees, especially in California. Wage and hour laws in California are some of the most stringent in the nation. Below is some basic information on the classification of employees. This is not an all-inclusive list. Independent Contractor [..]
Relaxing over the holidays should be a perk of being a business owner. Unfortunately, business owners more often than not, have a more difficult time relaxing through the holidays. As a small business ourselves, we too are looking for ways to enable us to relax through the holidays. Here are some tips that we have [..]
When you are starting a new business, there are thousands of decisions that must be made, including what type of legal entity to use for your company. Many small business owners consider using the limited liability company (LLC) or the limited liability partnership (LLP). Both a LLC and a LLP combine the beneficial aspects of [..]
If you are starting your own business and you are ready to set it up as a legal entity, you are likely considering a limited liability company (LLC) or a corporation. These are two very different entities, so it is essential to know the pros and cons of each in order to help you select [..]
Many contract disputes can be avoided if you invest time and money in the negotiation and drafting of the agreement. The more pre-planning you put into a transaction, the more likely you will avoid litigation over its terms. One of the most important things you can do in documenting the deal is to make sure [..]
If you are a business owner, you know how difficult the entrepreneurial journey can be. There are highs and lows that can quickly lead to you feeling job burnout. In other words, you feel physically, mentally or emotionally exhausted. Starting your own business is thrilling, but it is also a burden that you must carry. [..]
When you start a new business, it is essential to find ways to minimize risks as much as possible. There are numerous liabilities that can be anticipated, but there are also many unforeseen risks that appear to come out of thin air. The following are three of the most common legal risks a business owner [..]
Business owners who are negotiating contracts should actively strategize on how to save money and prevent litigation. One important clause to include in contracts is one that requires the parties to use alternative dispute resolution (ADR) instead of litigation. It is important to understand that you must do more than simply state that ADR is [..]
