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The Top 3 Things to Know About Special Needs Trusts


Taking care of a child with special needs can come with challenges, including financial ones. However, you want to set your child up for success in every way, which means…

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How to Qualify for Medi-Cal Benefits Without Going Broke First


It may feel like the only way to qualify for Medi-Cal benefits is if you barely have any income at all. While that may be true for some cases, you…

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What to Know About Estate Planning and Dementia


As symptoms of dementia set in, it is essential to get your estate plan in place if you haven’t done so already. Your capacity to make financial, medical, and planning…

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5 Estate Planning Tips for Business Owners


As a business owner, your assets are likely more extensive than someone who does not own a business. Therefore, it is necessary to prepare for the future of your business…

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All About Appointing Guardianship in Estate Plans


You may find it challenging to talk about what would happen to your children if you and your spouse were to pass away. No one wants to imagine such a…

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What Is an LLC and How Does It Work?


LLC stands for Limited Liability Company – a phrase that you’ve probably heard in the business industry but might not understand how it works. If you own a small business…

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What Is the Difference Between a Revocable and Irrevocable Trust?


A trust is a key component of estate planning that is used to pass down assets to beneficiaries while avoiding probate and minimizing estate taxes. There are two kinds of…

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What Is the Difference Between Estate Planning and Retirement Planning?


Estate planning and retirement planning are essential for ensuring financial stability for you and your loved ones late in life. While both are equally important, they are quite different from…

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Can You Qualify for Medi-Cal Benefits without Being Broke First?


Beginning on January 1, 2022, the new Medi-Cal benefits no longer have an asset rule that prohibits eligibility for older and disabled Californians who have more than $2,000 in the…

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5 Important Considerations for Anyone Buying a Business


Many entrepreneurs talk about starting their own businesses. But there is a lot of value in buying an existing business and the challenge of growing a company created by someone…

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What Is the Difference Between an S Corp and a C Corp?


Both an S Corp and a C Corp are corporations taxed under a different subsection. A C Corporation is a standard corporation. Also, an S Corporation has a special tax…

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What Is the Co-Mingling of Funds and Why Is It a Potential Problem for a Business Owner?


You are subject to limited liability protection when you register your business as a corporation. This means that if a person were to sue your business for wrongdoing, your personal…

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