Family Law: Finding The Right Attorney
At Heritage Law, LLP, an Orange County law firm, we understand how emotionally draining family law situations may be for our clients. From divorce settlements to child custody disputes, finding the right legal team for the job is an important first step when mapping out your strategy in the event you may find yourself in the middle of a dispute. Here are the top tips to remember when searching for the right family law expert. Understand Needs From The Beginning When it comes to divorce, no two situations are ever the same. You will want to find a family law …
Three Legal Tips You Need to Start a Business
Advancements in technology such as cloud-based solutions and high-speed mobile data coupled with an ever-growing economy have resulted in a highly competitive job market. The same goes for corporate entrepreneurs as well. Despite these advancements in business technology, there are still a variety of setbacks that can occur when beginning any business venture. Building a solid legal strategy is one of the most important things you can do for your business to ensure all of your bases are covered from the very start. At Heritage Law, LLP, our attorneys help small businesses and entrepreneurs find the right organizational structure to …
Is an Irrevocable Trust Right For You?
Estate planning requires careful attention to detail as well as extensive planning to ensure that you are creating the right plan for both you and your family’s future. Many often struggle when having to make the decision of which trust is right for their situation- especially when it comes to irrevocable trusts. At Heritage Law, LLP, we make it our number one priority to inform you of all of your estate planning options. What is an Irrevocable Trust? You have two choices to fit your situation: revocable and irrevocable trusts. While a grantor could modify a revocable trust throughout his …
Business Formation: What You Need To Know
If you are a business entrepreneur, it is safe to assume you know starting a business or corporation is stressful, entailing a wide array of legal matters that need to be addressed and maintained from the start. Despite all of the hard work that goes into forming a corporation or business from the bottom up, if done correctly, corporate business legal structures provide the most protection from personal liability, a greater ability to raise funds, and many other advantages. At Heritage Law, LLP, we strive to offer our clients a full range of experienced legal counsel on everything from: …
Tax Planning Tips You Need To Know
There is nothing smarter and more beneficial than knowing how to budget and successfully plan around your taxes. That is why we have compiled some of the best tax need-to-know tips to make sure you are getting the most return on your taxes and investments. Invest In Non-Taxable Income: Did you know there are several options you have when it comes to non-taxable investments? If you have yet to invest in a Roth IRA or public/municipal bonds, you are missing out on a great opportunity to multiply your non-taxable income. Roth IRA accounts allow you to invest money into an …
Commercial Real Estate Law- 5 Things You Need To Know As An Owner
Although planning for the future financial well-being of your family may seem intimidating, it is an essential step to ensuring that your family and assets are properly cared for when you can no longer be there for them. A shocking 55% of Americans do not have a solid estate planned ahead for the future of their families, leaving them vulnerable to court-related expenses and worse. When creating your personal trust and estate, it is vital to know and understand the proper key elements of the process. Below are the top need-to-know elements when creating an estate. How To Determine …
The ABCs of Advanced Estate Planning
Planning your estate can lead to a lot of decisions and even more emotions. Figuring out how to divide your assets, and how best to protect your beneficiaries from a tax burden are just a couple of the challenges. Fortunately, estate-planning lawyers have vast experience in determining which outcome may be best for you. While no situation is simple, the attorneys at Heritage Law, LLP want you to know that they can help navigate you through these difficult decisions, leaving you with peace of mind that your estate is properly handled. Here are some of the options available …
What You Need To Know: Short-Term Rentals and Your Home
When buying an income property in today’s day and age, the concept of using it sporadically and letting it sit vacant most of the time is foreign. More than ever, people are sharing their assets to maximize their return on their investment. It is becoming common for people to open up their homes on Airbnb, VRBO, and other platforms. While vacation rentals are nothing new, they are a hot topic in the eyes of city governments. Before you sign up and hand over the keys to your home to strangers, the Real Estate attorneys at Heritage Law, LLP have some …
Joint Tenancy vs. Living Trust: How to Protect Your Property
As we get older, we must protect our assets and specifically designate them, so that our final wishes are met. When it comes to property, like a home, the two most common options are joint tenancy and a living trust. As leaders in Orange County trust and estate planning legal services, the attorneys at Heritage Law, LLP want to provide you with the best information to make an informed decision. Joint Tenancy When a couple purchases a home, typically they are co-owners. This type of ownership creates a right of survivorship, which means that when one owner dies, the other …
3 Valuable HOA Home Buying Tips You Need to Know
When buying a home, condo or townhouse, you wouldn’t want to buy next door to where dogs are always barking, couples are always fighting, or neighbors are throwing parties all night long. But even after you’ve vetted the street and community several times before making an offer, there may be other silent issues to consider about your community. In Orange County, there are many master-planned communities offering beautiful homes, wonderful aesthetics, and enjoyable amenities. Many of these communities belong to a Home Owners Association (HOA) that governs them. While they promise neighborhood upkeep, a community with an association may …
