Owning a home in California is an expensive proposition.When you buy the house, you look at the monthly mortgage payment to make sure you can afford it. But don't just consider the amount of the principal and interest to determine your monthly house-related costs. Add...
Month: September 2018
Choosing your business entity type
You're going to take the plunge and start that business you've always dreamed of owning.However, it isn't as easy as just renting a space for your office or shop and getting your business cards printed. When you decide to form a business, you must figure out the type...
What criteria should California parents use to pick a guardian?
There's nothing more important in our lives than our children.There's nothing more important in our death than our children, either. Parents of minor children in California do everything they can to make sure their kids' have the best life possible. A nice environment...
How home ownership and estate planning go together
If you are a homeowner, you are likely well aware of all the particular responsibilities that go along with home ownership. In addition to your tax obligations, such as property tax, you also have insurance to think about and consider. One area that homeowners...
Can I leave money to my children — and not their spouses?
You have two grown sons who live near your California home.One of them married a delightful young woman. You consider her the daughter you never had. You know they will be blissfully happy forever. The other son? His marriage is rocky, and you don't think he and his...
What must be done to dissolve a California business?
That shop you and your friend opened 20 years ago in Northern California has run its course. It was a good, fun and profitable business for the most part, but people just aren't buying your trinkets the way they once did. It's time to renew the lease, but retirement...