What are my options if I feel the trustee and trust lawyer are not acting in the best interest of the beneficiaries?

Your options are to continue to negotiate or to file a Petition in the County where the trust is administered, likely Sonoma County Superior Court,...

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Can a trustee of a family trust pay a family member for doing maintenance and repairs on property in the trust?

Generally yes. A trustee has all the powers listed in the Trust and those in the probate code not taken away by the Trust. Some trustees confuse...

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Selling business

If your business is operated as a corporation or LLC, and the entity is the tenant on the lease, then you may sell the stock or LLC interest to the...

I'm starting a single-member LLC but want to retain my dba for work with husband. Taxwise, can I have 2 pass-through entities?

You may form an LLC with any available name. The LLC may then DBA to use any name including the name used by you and/or your spouse. When operating...

As a side note, if you think the Nevada LLC will avoid California taxes you may have fallen for the old Nevada Corp/LLC scam, which is offerred all...

What is the best way to hold title to a rental property?

The way you discribe it, it will not matter for income taxes because the tax liability is ultimately going to hit your 1040. S-corps, partnerships,...

Will a corporation's bankruptcy filing stay an IRS audit?

Filing bankruptcy does not stop or slow down an IRS or other government audit because audits are not efforts to collect a debt, they are efforts to...

I have a corp. that owes UST fees to state of CA. WE are no longer in business. Can I walk away and have no liability personally

The BOE will seek out the person responsible for paying the taxes. If the sales taxes were collected and spent on things other than the BOE...

If I incorporate an LLC in CA do I need to wait the 2 months processing time before starting operations?

Reserve the name of the LLC with the Secretary of State, this is faster. Then you may file the Articles of Organization and know they will not be...

The dissolved corporation may open a bank account and "wind up." Dissolved corporation are very different fropm cancelled corporations or...

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