Important Commercial Leasing Changes Starting in 2025
California Senate Bill 1103 (SB 1103), also known as the Commercial Tenant Protection Act of 2024, introduces significant changes for certain commercial landlords, particularly those leasing to small businesses and nonprofits. Effective January 1, 2025, the...Continue reading→
Who Should be the Beneficiary of Your IRA if You Have a Living Trust?
Choosing the beneficiary of your IRA often involves balancing simplicity, control, and protection. This decision typically involves naming an individual or a lifetime retirement trust. Naming an Individual as Beneficiary Designating an individual as the primary...Continue reading→
Notable 2025 Tax Adjustments
At the end of each year, the Internal Revenue Service issues a list of new cost of living adjustments to various taxes, which will take effect at the commencement of the year. With inflation slowing, the...Continue reading→
Who’s Your Daddy?
California Court Upholds Intestate Distribution of Estate to Stepchild Despite Objection of Biological Children Recently, in the Estate of Martino (2023) 96 Cal.App.5th 596, the California Court of Appeal upheld a ruling of the San Diego...Continue reading→
Business Succession and Estate Planning for Family-Owned Businesses
Family-owned businesses are more than just sources of income—they represent a family legacy. Transitioning a family business to the next generation can be challenging if proper succession planning and estate planning are not carefully considered. To...Continue reading→
Solving the Complications of Employee Stock Options: How “Stock Appreciation Rights” (SARs) Can Be Used to Attract, Retain and Motivate Executive Talent
Building the right team is critical to the success of your business, but finding and training the right personnel takes significant time and effort, and is a process repeated every time a member of your team...Continue reading→
Non-Competition Provisions Are Severely Curtailed By New Federal Rule
On, Tuesday, April 23, 2024, the Federal Trade Commission enacted a new rule, similar to California preexisting laws, prohibiting non-compete clauses. The new rule provides that it is an unfair method of competition for a person...Continue reading→