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lgbt estate plan

Who Would Care For Your Children If You Got Sick With COVID-19?

As we are about to wrap up another Pride Month, the LGBTQ+ community faces an increasingly uncertain legal landscape. In the wake of the Supreme Court overturning Roe v. Wade, ending the recognition of a constitutional right to abortion, many are worried that other rights, especially those enjoyed by same-gender couples, might also be under

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Protect Business

Who Would Care For Your Children If You Got Sick With COVID-19?

Regardless of the industry you are in, the reality of being a business owner is that you open yourself up to a number of unique risks that most people don’t have to worry about—and the more successful your business is, the more risks you face.Unfortunately, most business owners aren’t fully aware of all the potential

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will for single person

Who Would Care For Your Children If You Got Sick With COVID-19?

These days, more and more young people are delaying—if not totally foregoing—a life that involves marriage and parenting. The lack of jobs, crushing student debt, multiple recessions, and the pandemic have pushed many young people into a life path that leaves little room for settling down with a partner and getting married—and even less room

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s-corp

Who Would Care For Your Children If You Got Sick With COVID-19?

Outside of personal liability protection, one of the primary advantages of setting your business up as a Limited Liability Company (LLC) is flexibility in how your company is taxed. And many business owners elect to have their LLC taxed as an S Corporation (S-Corp) to save money on payroll taxes.By choosing to be taxed as

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what is a trustee

Who Would Care For Your Children If You Got Sick With COVID-19?

If a family member or friend has asked you to serve as trustee for their trust either during their life, or upon their death, it’s a big honor—this means they consider you among the most honest, reliable, and responsible people they know.That said, serving as a trustee is not only a great honor, it’s also

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new business

Who Would Care For Your Children If You Got Sick With COVID-19?

If you are thinking of starting a business, you’ll find all sorts of advice about how to go about getting your new venture off the ground. Indeed, there are entire websites devoted to the topic. Yet, with so much information out there, it’s hard to know what you should heed and what you can ignore.To

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family heirlooms

Who Would Care For Your Children If You Got Sick With COVID-19?

When creating an estate plan, people are often most concerned with passing on the “big things” like real estate, bank accounts, and vehicles. Yet these possessions very often aren’t the items that have the most meaning for the loved ones we leave behind.Smaller items, like family heirlooms and keepsakes, which may not have a high

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scope creep

Who Would Care For Your Children If You Got Sick With COVID-19?

Do you feel obligated to check work emails, texts, and voicemails at all hours?Do you often work evenings, weekends, and holidays, even after you promised yourself you wouldn’t?Do you feel pressured to say yes to pushy clients because it’s easier than saying no?Do you feel resentful of clients for placing unreasonable demands on your time?If

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Best estate planning documents

Who Would Care For Your Children If You Got Sick With COVID-19?

As we head into summer, many parents will see their children graduate high school and prepare to leave home to attend college or pursue other life goals. This can be an exciting and emotional time, and with so much going on, estate planning probably isn’t at the front of your (or their) mind right now.However,

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Contract mistakes

Who Would Care For Your Children If You Got Sick With COVID-19?

Few business owners are legal experts. Yet many act like they are veteran attorneys when it comes to their legal agreements by thinking they can simply wing it and create their own contracts or rely on cheap, fill-in-the-blank legal forms they purchase for cheap online.However, this is playing with fire. In fact, you could end

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Retirement planning

Who Would Care For Your Children If You Got Sick With COVID-19?

The road to retirement is a long one, and as with any journey, it helps to have a few key milestones along the way to help gauge your progress. While your individual retirement plan and goals will be unique to your income, family situation, and desired lifestyle, most Americans share a number of common retirement

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Small claims court

Who Would Care For Your Children If You Got Sick With COVID-19?

As a business owner, it’s inevitable that you will face minor conflicts and disputes at some point. Whether it’s a client who refuses to pay a bill, an independent contractor who fails to fulfill the terms of their agreement, or a vendor who stiffs you on an order, dealing with such issues is a simple

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How to cut costs in business

Who Would Care For Your Children If You Got Sick With COVID-19?

When running a small business, every dollar counts, so it’s critical to keep a tight rein on your expenses, especially when you are just starting out and have limited revenue. If not monitored carefully, spending can quickly get out of control and put a serious strain on your operation’s financial health.Outside of hiring an experienced

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Estate planning mistakes

Who Would Care For Your Children If You Got Sick With COVID-19?

Because estate planning involves actively thinking about and planning for frightening topics like death, old age, and crippling disability, many people put it off or simply ignore it all together until it’s too late. Sadly, this unwillingness to face reality often creates serious hardship, expense, and trauma for those loved ones you leave behind.To complicate

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When should get a will

Who Would Care For Your Children If You Got Sick With COVID-19?

If you have yet to put in place an estate and succession plan for your business, you’re going to leave the people you love most—your clients, your customers, your team, and your family—in the lurch when something happens to you. And while that probably won’t be tomorrow, it could be.We get it—there are plenty of

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10 estate planning mistakes

Who Would Care For Your Children If You Got Sick With COVID-19?

Because estate planning involves actively thinking about and planning for frightening topics like death, old age, and crippling disability, many people put it off or simply ignore it all together until it’s too late. Sadly, this unwillingness to face reality often creates serious hardship, expense, and trauma for those loved ones you leave behind. To complicate

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Trademark

Who Would Care For Your Children If You Got Sick With COVID-19?

When it comes to your company’s brand identity, nothing is more vital to your company than its name. By developing a highly catchy name for your business, you can quickly get your company recognized, remembered, and respected.That said, coming up with the right name for your company involves a number of critical legal issues. After

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Recording

Who Would Care For Your Children If You Got Sick With COVID-19?

When you think about loved ones who’ve passed away, you probably don’t think very much—or even at all—about the “things” they’ve left you. And when they do leave something behind, what you likely cherish most about the object are the memories and feelings the item evokes, not the thing itself.For the founder and CEO of

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Business Structure

Who Would Care For Your Children If You Got Sick With COVID-19?

Of all the different choices you have to make when starting a new business, arguably none is more critical or has a more significant impact on your success or failure than your choice of business entity structure. The entity you choose will affect everything from the amount of taxes you pay and the type of

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deed home to child

Who Would Care For Your Children If You Got Sick With COVID-19?

Whether it’s to qualify for Medicaid, avoid probate, or reduce your tax burden, transferring ownership of your home to your adult child during your lifetime may seem like a smart move. But in nearly all cases, it’s actually a huge mistake, which can lead to dire consequences for everyone involved.With this in mind, before you

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Pantea estate planning
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Palm Desert Law Group, APC

74-710 Highway 111, Suite 102

Palm Desert, CA 92260


Tel: 760.674.7175

Fax: 760.610.6641

Email: info@palmdesertlaw.com

Legal Disclaimer: The legal information presented at this site should not be construed to be formal legal advice, nor the formation of a lawyer or attorney client relationship. Any results set forth herein are based upon the facts of that particular case and do not represent a promise or guarantee. Please contact a Family Business Lawyer for a consultation on your particular legal matter. This web site is not intended to solicit clients for matters outside of California.


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