If you are unsure about what a trust is or the basics please refer to our earlier blog here. In order for a trust to be valid there must be property transferred to that trust. There are special considerations to take into account such as property taxes and due-on-sale clauses. Under Revenue and Taxation Code Section 62(d) a transfer of…
Simply put, a trust is an agreement in which one person (grantor/settlor) transfers assets (personal and/or real) to another person (trustee), and instructs the trustee to hold the property for the benefit of another person (beneficiary). In essences, it’s a contract. The trustee holds legal title to the assets of a trust, can enter into contracts with respect to those…
Iancu v. Brunetti 139 S.Ct. 2294 (June 24, 2019). Erik Brunetti, a wise-guy or a genius (or both) started a clothing brand called “FUCT.” How much would young people love to where a shirt that says, “FUCT” to school just to make a statement? Mr. Brunetti wanted to protect his brand with power of the United States behind him. So,…
This lawyer gets up at 4 a.m. and works out at a gym. My work out partner is a business owner who will remain nameless. He complains a lot about California employment law and how it’s driving him out of business. He owns 15 businesses. One case that has him really nervous is what he calls the Starbucks case. “The…
Immigration is an infamous hot button topic. But what if you’re at the top of your game and want to come to the US? Try the Extraordinary Ability Visa. Three types of documents immigrants need to work in the US: 1) green card; or 2) work authorization document; or 3) an employment visa. An immigrant who wants to work in…
Want to improve your brand awareness and social media engagement? Have a contest! Not so fast. Like everything else in life, there’s a lot of complicated rules. The fact that there are more than one rule-making body for these kinds of hi-jinx is what makes it so complicated. There is the Federal Trade Commission. There is the Federal Communication Commission.…
