by Christine Brown | Jan 18, 2021 | Business Succession Planning, Estate Planning
Sole proprietorships are a common type of ownership interest where the business owner and the business are the same legal entity. The business owner of a sole proprietorship is personally responsible for any debts the business incurs. However, unlike a corporation,...
by Christine Brown | Jan 11, 2021 | Estate Planning, Power of Attorney
A power of attorney is a legal agreement that allows one adult, the agent, to make legal and financial decisions on behalf of another, the principal. People create power of attorney documents with a Long Beach estate lawyer so that someone of their choosing can speak...
by Christine Brown | Dec 29, 2020 | Estate Planning, Trusts
A common question that Torrance trust lawyers are asked when helping clients create their estate plans is, “How hard will it be to sell my house if I put it in a trust?” The simple answer is that it’s not hard at all. In most cases, the grantor (or trust maker) also...
by Christine Brown | Dec 15, 2020 | Estate Planning, Guardianships
One of the most difficult decisions that parents of minor children have to make when creating their estate plans is choosing the person(s) they would want to raise their children if they were incapacitated or suddenly passed away. In our office, we often find that the...
by Christine Brown | Dec 8, 2020 | Estate Planning, Power of Attorney
While a power of attorney (POA) technically does not expire unless it’s revoked by the person who created it, you may run into a situation where a bank or a brokerage firm refuses to accept the document because it’s “too old.” You may also hear the phrase, “the...
by Christine Brown | Nov 30, 2020 | Estate Planning, Power of Attorney
Most people have a basic understanding of what a Power of Attorney does. However, not all Power of Attorney documents are the same, and the rights you are afforded depend on how the document is created by a Manhattan Beach estate planning lawyer. Let’s start first...
