Probate vs. trust: which is right for your estate?
Comparing the Pros and Cons of Probate and Trusts for Your Estate Planning Needs Estate planning is an important part of ensuring that your assets
Member of
Member of
Limited Liability Company (LLC) is a corporate structure whereby the members of the company cannot be held personally liable for the company’s debts or liabilities. Limited liability
companies are essentially hybrid entities that combine the characteristics of a corporation and a partnership or sole proprietorship.
A Corporation or Incorporation is a legal entity that is separate and distinct from its owners.
Corporations enjoy most of the rights and responsibilities that an individual possesses; that is, a corporation has the right to enter into contracts, loan and borrow money, sue and be sued, hire employees, own assets and pay taxes.
The above items include everything you need to open a new bank account for the newly formed business.
Contact us to schedule a Consultation meeting if you would like to discuss the requirements for a Corporation or LLC or would like to discuss your options and obtain additional information. You should also speak with your accountant or CPA regarding which entity is best for your particular situation.
C Corporations are subject to double taxation; that is, one tax at the corporate level on the corporation’s net income, and another tax to the shareholders when the profits are distributed. S Corporations have only one level of taxation. All of their income is allocated to the shareholders.
However, C Corporations have greater tax planning flexibility and can shield shareholders from direct tax liability. C Corporations are not listed on your personal tax return. In addition, S Corporations are subject to limitations, such as the number of shareholders they can have.
Taxes are not due when the entity is formed, but there is an annual tax of $800 per year due to the Franchise Tax Board.
With our help, you and your spouse will work through the issues that need to be resolved so that your marriage can end as amicably and cost effectively as possible.
We will prepare and file all necessary paperwork and serve all parties. The entire process can be discussed in a Consultation prior to engaging our services.
Save your loved ones the cost, stress and delay of going through the legal process. Learn more about how we can help you with your Living Trust.
We will aggressively work to have negative, false or damaging information removed from your credit report. Learn more about our costs and process.
Contact us to schedule a Consultation meeting if you would like to discuss the requirements for a Corporation in your state.
Will will help you to setup everything you need to open a new business, and even a bank account for the newly formed LLC business.
Our Eviction/Unlawful Detainer service helps you during the legal process by which a landlord may terminate a tenant’s right to remain on the property.
Probate is the judicial process that distributes a person’s assets after they die. In most states, probate is required even if there is a Will.
For our full involvement throughout the custody process until the custody is finalized or our office is no longer needed.
Learn how to receive full assistance with all paperwork and our mediation services to assist you with a Stipulation.
We are experts at preparing accommodation deeds in all California counties as well as out of state. We have built successful relationships with many escrow companies.
We are experts at preparing accommodation deeds in all California counties as well as out of state. We have built successful relationships with many escrow companies.
Comparing the Pros and Cons of Probate and Trusts for Your Estate Planning Needs Estate planning is an important part of ensuring that your assets
Ensuring Your Financial and Personal Affairs Stay in Good Hands: Understanding the Importance of a Power of Attorney As we age, it’s important to begin
Learn about what impacts the probate timeline and how long probate might take Probate is the legal process of settling a deceased person’s estate. In
Learn about Small Estate Affidavits in California When someone passes away in California, the process of transferring ownership of his or her property can be
Steps to take when settling an estate after death Losing a loved one is one of the most difficult experiences we can go through in
For many parents, the thought of estate planning is intimidating. However, taking the time to create an estate plan is a critical step in securing
About Us
We’ve been providing Southern California with Excellent Legal Document and Divorce Mediation services since 1998.
We service the following counties: Orange, Los Angeles, San Bernardino, Riverside, San Diego, San Luis Obispo, Kern, Santa Barbara, Ventura and Imperial.
Contact Us
Address:
Laguna Legal Headquarters
24800 Chrisanta Drive, Suite 200
Mission Viejo, CA 92691
Phone:
800-497-9850
Fax:
949-497-9877
Email:
team@lagunalegalhelp.com
Follow Us
Bonded and Certified Legal Document Assistant, LDA #267. We are not attorneys and cannot give legal advice. A Legal Document Assistant provides only self help service to a member of the public who is representing him/her self in a legal matter. We are, however, very experienced and knowledgeable in preparation of living trusts, deeds and other legal documents including divorce mediation. We work closely with several attorneys who can give you the legal advice you need.