Disputes and lawsuits chip away at the bottom line, oftentimes changing net profit into net loss. Many misunderstandings result from reasonable interpretations and assumptions of events and conduct by reasonable people. Rather than go through the expense and aggravation that can result from disputes and lawsuits, experience shows that it is better to reduce the odds of a misinterpretation or misunderstanding through (a) careful planning, (b) clear communication and (c) clear and thorough document drafting.
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In today's complex world, planning for the future disposition of your estate has never been so important. The wrong plan (or no plan) can result in significant tax losses and unforeseen problems affecting close family relationships. Wills and Trusts are two of the most common ways of addressing these issues.
The role of an attorney in Real Estate matters is very important, especially when it comes to buying and selling real estate or in tax-deferred exchanges. As several California Association of Realtors forms state, A Real Estate Broker is the person qualified to advise on real estate transactions. If you desire legal or tax advice, consult an appropriate professional.
Do you want to form or grow a business? Should it be a corporation, a sole proprietorship, a limited liability company or a partnership? If a corporation, a C-corporation or an S-corporation? If a partnership, a general partnership or a limited partnership? These are just some of the questions that face a new or expanding business.
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