Diversification of investments is typically thought of as the best strategy to grow wealth and protect an individual’s holdings from the vagaries of the economy. Real estate in particular has become an attractive option for high-net-worth individuals looking for investment options beyond having a stock portfolio. While from an investment standpoint this has significant benefits,…
In an interconnected world where professional and personal opportunities more and more often result in people having family, property, and interests all over the globe, the question of how to protect the assets they’ve built becomes much more complex. Living an international lifestyle means that estate planning may not be governed solely by the laws…
Whether you’re nearing retirement, ready to cash out, or seeking to exit a challenging situation, the process requires meticulous planning and execution. Selling a business is a multifaceted journey involving numerous steps to ensure a smooth transition and the best possible outcome. At Bridge Law LLP, we provide more than legal counsel; we connect you…
We prepared this guide so you can be prepared with the estimated costs to go through California Probate. Please reach out to us if you are facing the following situations: Net Worth Filing Fees Executor Fees Calculation Executor Fees Total Attorney Fees Calculation Attorney Fees Total Total Probate Fees $1 million $435 4% of the…
Estate planning can be an uncomfortable subject for some to contemplate. After all, even if the idea of passing your property and assets on to your loved ones after you’re gone gives you a sense of satisfaction, nobody wants to think too long or hard about their own death. But few people understand the complications…
Investing in rental properties can feel like a sure bet for increasing income, especially compared to the uncertainties of the stock market. That investment also comes with risks that may not be covered by simple liability insurance, however. Wise property owners must consider the best way to protect their personal assets in the event their…
In part 1 of this article, we discussed the features of joint ventures, how they are different from other types of business arrangements, and some purposes for which they are used. A joint venture can help two or more parties work together to accomplish a shared business goal, but as with other business transactions, a…
To accomplish a specific business goal, a business entity or partner may need access to capital, assets, skills, or other resources they do not already possess to succeed. When this is the case, a joint venture can provide a mutually beneficial means for two or more parties to work together temporarily to accomplish that shared…
Pre-deal due diligence is an essential component of any merger or acquisition. While a sense of the potential opportunity is what inspires any M&A deal, it is awareness of the risks and possible obstacles that shape its terms. Thorough due diligence not only provides a buyer with understanding of the seller’s business, but also provides…
Mergers and acquisitions (M&A) can be an effective strategy for companies to grow, acquire new technologies, capture market share, or seize opportunities. However, the structure of a proposed deal can have significant tax consequences at the federal and perhaps state level that must be considered to maximize value and cash flow from the transaction. Seller…
As a relatively new asset class, cryptocurrency is only beginning to be a consideration in estate planning. For its fans, the decentralized nature of cryptocurrency is one of its benefits—no need to go through a bank or other traditional financial institution to invest. However, that also presents a serious and potentially insurmountable challenge when it…
The beneficial ownership information (BOI) reporting requirements mandated by the Corporate Transparency Act (CTA), which go into effect on January 1, 2024, have clear implications for business entities that were not previously compelled to provide information on their ownership or management. However, they can also affect trusts, depending on the business assets a trust holds….
When couples are planning how their estate will be distributed to their beneficiaries, one common goal is to maximize the amount that can pass to their heirs by minimizing estate tax obligations. Another consideration, however, is providing for the surviving spouse after one member of the couple has passed. Planning can also be complicated by…
For foreign companies, the United States can represent a significant market opportunity for international expansion. Unfortunately, regulatory requirements that were less stringent than those of other developed countries have also made the US an attractive target for bad actors seeking to launder money and fund illicit activities through anonymous shell companies. More than two million…
In 2021, the Corporate Transparency Act (CTA) passed with bipartisan support. As part of the Anti-Money Laundering Act of 2020, the CTA is intended to help bring US law in line with safeguards in other developed countries intended to prevent the flow of illicit money through anonymous shell companies by requiring the US Department of…
But, would you live for them? Dear Friends, As an estate planning lawyer, I deal with death everyday. Everyday, people in my life die, and our office gets “the call.” After you deal with it daily, death is not as depressing as you may think. Because once you understand death, you truly understand life. I…
Putting together a deal for one company to purchase another is always a complex proposition. Balancing sale terms so that risk and reward meet each party’s expectations and completing the necessary legal transactions require careful attention to detail, comprehensive knowledge of the applicable law, and a deep understanding of the goals of the acquiring company…
Most homeowners aren’t experts on all the details of the laws affecting their homeownership, and it doesn’t help when two rather different legal benefits have confusingly similar names. In California, the homeowners’ exemption and the homestead exemption may sound alike, but they are far from the same. One provides a slight property tax break, while…
In certain circumstances, an employee may receive restricted stock as part of their compensation package. Restricted stock is a type of equity compensation in which the employee (perhaps a corporate executive, startup founder, or startup employee) receives shares of company stock that are subject to specified restrictions. These may include a vesting schedule or other…
“First of all, breathe, because nothing on this list is worth losing your peace of mind. Take time to grieve and be with your family. Decisions made when you’re dealing with a flood of emotions tend to be poor anyways, so when you’re ready, you can take these matters up”, Lalit Kundani 1. Order at…
We want you to feel comfortable discussing your legal issue with us, so we offer a free consultation to learn about your problem. Contact us today to setup a time to come in and talk with our team.