Law Offices of Randall B. Brown & Associates
Estate Planning, Divorce-Property Division, Custody, Support, Real Estate, Small Business Law     Tel: 619-546-8320
3 Locations: La Jolla, Rancho Bernardo and Mission Valley

 
           
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Information You Can Use
Things you should know:

▪ Most initial consultations are free of charge.  Call to find out if the initial consultation for your case is no charge.

▪ 3 Locations to make seeing a San Diego lawyer convenient: La Jolla, Rancho Bernardo and Mission Valley.

▪ An Estate plan is not a will or a trust, it is a combination of instruments together with a listing of all property and debt that enables your successor to administer your wishes thoroughly and effectively.

▪ If you are married, not all property is community property.  Any property acquired before or after marriage or by gift, bequest or devise is considered separate property under California law.

▪ Small businesses can eliminate self employment tax by effectively organizing their business as a recognized California business entity.

 
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San Diego Law Firm
Our Law firm offers the finest litigation strategies for San Diego litigants involved in almost any legal dispute.
 
Quote
"We make a living by what we get, but we make a life by what we give."

-Winston Churchill

    

We offer a host of solutions for small businesses and families when confronted with troublesome legal issues.  Here are some frequently asked questions and our answers regarding the practice areas where we focus our expertise.

Business Law: California Corporations and LLC's

What are some benefits that come from setting up a California Corporation?

Setting up a California Corporation has a number of benefits for those who currently run small sole proprietorship businesses or plan to establish a business in the future, here are some of the main benefits:

• Corporation becomes liable in the event of a lawsuit leaving personal assets protected.
• Small business owners can avoid self-employment tax.
• Specific ownership interests between co-owners can be readily ascertained.
• Additional capital for a business can be raised by issuing stock.
• An organizational structure can be established and maintained.

Limited Liability Company's, or LLC's

What is the difference between a Corporation and an LLC?

Creating an LLC gives you the benefits of owning a corporation when it comes to protection from liability for business debts, judgments and other potential business disasters while avoiding some of the legal formalities and tax rules required of corporations.  LLC's are a great vehicle for setting up your small business.  If you're big enough to need a legal instrument allowing for multiple party ownership of your LLC, but small enough to avoid issuing stock certificates, you should consider this type of entity.

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