Although a handshake remains a gesture of good faith about an agreement or a promise, not formalizing such an agreement in writing may become a huge mistake. Handshake agreements often lend themselves to uncertainty and misunderstanding. What one person may remember the terms of an agreement to be another may remember differently. The San Luis… Continue Reading San Luis Obispo Attorneys From Toews Law Group, Inc. Release The Report, ‘Why A Contract Is Better Than A Handshake’
Charitable affiliates are often formed by businesses as a means for conducting charitable activities that support the founding organization’s community and social causes. Toews Law Group, Inc., attorneys for nonprofits in San Luis Obispo, CA, are well versed and experienced in helping businesses organize charitable affiliates. In California, the term “charities” applies to tax-exempt, nonprofit… Continue Reading San Luis Obispo Attorneys For Nonprofits, Toews Law Group, Inc., Helps Businesses Organize Charitable Affiliates
There are many different reasons why you may want to establish a trust – probate avoidance; preserving assets for beneficiaries; creditor protection; legally minimizing estate tax obligations, etc., however, the most often cited reason for establishing a trust is peace of mind. There are several different types of estate planning tools, including many different types… Continue Reading Are there different kinds of trusts and which is right for me?
When setting up an estate plan, the first thing you need to determine is how will your assets be managed and distributed to your beneficiaries if you have no will or only a will on the date you die and whether you are satisfied with what will happen in that case. Many people are surprised… Continue Reading How can I make sure my will is enforced?
The corporate law attorneys at the San Luis Obispo Toews Law Firm, Inc. would like to clear up some of the questions business owners have about offering stock and shares in their businesses. Shareholders own a corporation and shareholders are holders of stock. Stock represents the percentage interest each shareholder owns in a corporation. For… Continue Reading What is stock and how many shares should be authorized or issued?
Business insurance is one of the most important expenses a business should have. However, what type of insurance and how much coverage is needed should be evaluated based on your individual business structure and purpose. As your business grows or ages, the types and coverage amounts may change and thus, the topic of insurance should… Continue Reading What kind of insurance do I need for my business?
A business succession plan defines what will happen to the business and who will be selected to operate your business when you retire or if or when something unexpected happens to you or your co-owners. Long gone are the days of assuming one of your children, relatives, or loyal employee is going to step in… Continue Reading Do you need a business succession plan?
The San Luis Obispo attorneys for nonprofits corporations at Toews Law Group, Inc. are well versed in the rules, regulations, and procedures in establishing nonprofit organizations in California that qualify for tax-exempt status at the state and federal level. Nonprofit and not-for-profit organizations come in many different shapes and sizes. In fact, there are actually… Continue Reading San Luis Obispo Attorneys For Nonprofits Provide Guidance For Setting Up A California Nonprofit Organization
–The trust attorneys at San Luis Obispo Toews Law Group, Inc. believe that understanding the difference between an executor and a trustee is important to help people during the estate planning process. An executor is a person or institution, such as a bank, who is nominated under a person’s Will to carry out the terms… Continue Reading What is the difference between an executor and a trustee?
–Not to be confused with a living trust, a living will, or Advanced Health Care Directive (AHCD) is a legal document that appoints a health care agent (also known as an attorney-in-fact or proxy) to make medical decisions for you if you become unable to make such decisions due to incapacity, including end of life… Continue Reading How a living will helps with medical decisions