Monthly Archive for: ‘May, 2017’

California Mechanic’s Lien Basics: Private Projects

If you’re reading this article, there’s a good chance you already know what a mechanic’s lien is. But just in case, let’s cover the basics. A mechanic’s lien is a tool provided by California law that contractors, material suppliers, and some others can use to secure payment against property when they are not paid. In essence, if all legal hoops …

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The Importance of the Attorney/Accountant Relationship for Business Owners

Companies are more likely to succeed when their attorneys and accountants work in tandem.  Professional services are more effective and efficient, and financial and legal interests are best protected. Enhanced Professional Services Attorneys and accountants have several characteristics in common.  Both are professionals.  Both engage in a course of education to learn how to provide services in their respective areas …

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Can I Modify an Irrevocable Trust?

Irrevocable trusts are powerful tools.  In addition to their estate planning benefits, they can help meet other family goals, such as providing for those left behind and reducing tax liabilities.  One potential drawback to irrevocable trusts, however, is that they can be difficult to change. While some trusts are irrevocable from the moment they are drafted, others become irrevocable at …

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