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Relevant Articles

What’s the difference between LLCs and corporations?

What's the difference between LLCs and corporations?“LLC” and “corporation” are often used interchangeably to refer to companies that are created under State law. Generally, they are similar to one another in terms of being legal entities separate from the actual...

What happens when a business owner dies?

What happens when a business owner dies?When a business owner dies, a significant issue is deciding who will be named the next owner. And this situation can get very complicated, especially if there has been no written agreement or stipulation that decides on the...

What is an “S-corp” or a “C-corp”?

What is an "S-corp" or a "C-corp"?Whether referred to as an S-Corp or a C-Corp, a company is still, in general, a legal entity that is created under State law. Regardless of the name, these two are considered legitimate corporations formed in the same manner. The only...

Chapter 7 versus Chapter 13 in Bankruptcy, what’s the difference?

Chapter 7 versus Chapter 13 in Bankruptcy, what's the difference?When filing for bankruptcy, a debtor has two options. He or she can file under Chapter 7 or Chapter 13, each of which have different requirements and effects. Though there are other options such as...

Pitfalls to raising capital and getting investors for your business

Pitfalls to raising capital and getting investors for your businessStarting a business is not as easy as it sounds. More than a genius idea and a plan, there is something else needed that is often where aspiring entrepreneurs fall short — capital. To start a business,...

What state do I form my LLC or corporation in? Can I do it anywhere?

What state do I form my LLC or corporation in? Can I do it anywhere?An LLC, or Limited Liability Company, is generally formed under the State law of each State. And because the laws in each of the 50 States differ, the regulations affecting your LLC will vary. A...

California Ignition Interlock Device First DUI

Ignition Interlock - First DUIBelow is a summary of California law surrounding the installation of an ignition interlock device in a vehicle after someone's first DUI. Contact Us for a free case review. Installation of Ignition Interlock—First...

What is Asset Protection?

Asset protection planning is the method of preparing for the possibility of future lawsuits by rearranging the ownership of assets so that they are beyond the reach of potential third party creditors. It can act as a form of supplementary insurance in an overall...

Types of Trusts

A trust is basically a written contract that tells people what to do with your things and appoints someone (trustee) to follow those instructions.  There are many different forms of trusts.   They are usually divided into two categories, revocable, and...

Crowdfunding Update- SEC Adopts New Rules for Investments under Reg A+

Crowdfunding is going to continue to explode in the near future. On March 25, 2015, the SEC adopted new rules to implement the provisions of the JOBS Act and Regulation A surrounding raising capital up to $50 million by smaller companies and, most likely, raise that money online on their websites or through social media. (The rules don’t go into effect until 60 days after they are published in the Federal Register and here is a copy of the rules and the SEC Press Release). The new changes have been called “Regulation A+” and hailed by many as significant improvements in giving smaller companies more access to capital.

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