A promissory note is more than just a promise—it's a legally binding document outlining repayment terms between lender and borrower. Learn how they work and when to use one.

What happens to your business if you become incapacitated or pass away? Many business owners overlook estate planning, risking everything they’ve built. Here are five key reasons you need an estate plan to protect your company, your family, and your legacy.

What happens to a California LLC when a member dies? While economic rights pass to the member’s heirs or estate, management rights do not—unless the operating agreement says otherwise. Learn how state law, probate, and succession planning affect your LLC’s continuity.

DIY contract templates may seem like a cost-saving shortcut, but they often leave your business exposed to serious legal risks. From missing key provisions to creating unenforceable or overly binding terms, these contracts can result in costly consequences. Learn why professionally drafted agreements are essential for protecting your business.

Starting a business? Opening a separate business bank account is one of the most important steps for protecting your liability and staying financially organized. This guide explains what documents you’ll need, how to choose the right account, and how to strengthen your legal and financial footing from day one.

Selling or transferring a partial interest in real property in California involves unique legal, tax, and procedural considerations that can impact both co-owners and future property management. Whether you're gifting an interest to a family member, adding a co-owner, or restructuring property ownership for estate planning or investment purposes, understanding the deed process, documentary transfer tax exemptions, property tax reassessment risks, and co-ownership agreement benefits is crucial.

Going into business for yourself carries inherent risks—from lawsuits to creditor claims. To safeguard personal wealth, entrepreneurs must take deliberate steps to protect their assets. This includes forming a limited liability entity, keeping multiple ventures legally separate, obtaining the right insurance, avoiding personal guarantees, and in some cases, establishing a trust. With strategic planning, you can insulate your personal and business assets from many common threats. Learn the key legal tools available to help you protect what you’ve built.

Closing a business is more than just locking the doors—it’s a complex legal process that requires proper planning and execution. From notifying employees and creditors to filing dissolution documents and settling taxes, each step matters. This article outlines the key actions every business owner should take to avoid legal and financial pitfalls when shutting down operations.