Here are some general types of trusts that are usually confined to those requiring a bolder implementation of estate planning, either because of certain business activities in which they are participating, and/or the degree of wealth they may wish to protect from certain potential hazards. Irrevocable trusts cannot be terminated after they are finalized. This…

Employment relationships are presumed to be “at-will” in all states except Montana. In general, an at-will employment relationship means that either the employer or the employee is free to end the relationship at any time and for any reason (or no reason) at all. However, “wrongful termination” is a major exception to at-will employment. Common law…

Under California law (which is much more generous to employees than federal law), if you are a non-exempt worker, you are entitled to meal and rest breaks: a 30-minute meal break if you work more than 5 hours in a workday, and 10 minutes breaks for every 4 hours you work. There are other requirements…

The goal of this series is to explain different principles upon which asset protection planning rests. In this article, we will explore in what specific scenarios asset protection planning may be of particular significance, and some tools that are available for implementation. BASIC STRATEGIES: One of the simplest strategies of asset protection involves various exemptions allowed…

When it comes to understanding trusts, knowing the difference between revocable and irrevocable trusts is crucial. If you ask for a revocable trust and get an irrevocable one, or vice versa, the legal and tax consequences will be significant. Revocable Living Trusts A revocable living trust, also known as a revocable trust, living trust or…

PAYDAYS: It is an employer’s obligation to pay you on the established payday regardless of whether the time-card is submitted. There is no exception in the law that allows an employer to require you to wait until the next payday, or even until the time-card is turned in. Your employer can comply with the law,…

Many people often assume that they don’t have an “estate” worth planning or that their families will take care of everything when the need arises.  On the contrary, everyone, regardless of their net worth, requires comprehensive estate planning in order to ensure that their wishes are executed and their families are adequately provided for.  As…

Title VII of the United States Code does not proscribe all conduct of a sexual nature in the workplace. Thus it is crucial to clearly define sexual harassment: only unwelcome sexual conduct that is a term or condition of employment constitutes a violation. The Equal Opportunity Employment Commission (EEOC‘s) Federal Guidelines define two types of…

Identify your content needs. In order to hire great content creators not to mention put together the kind of contract we’ll discuss shortly, you have to first define what types of content you need. For example, you could include: Weekly blog posts Social media updates Guest blogging Email marketing Pay-per-click ad copyrighting Identifying the specific types of content…

A spendthrift trust is a kind of trust that limits or altogether prevents a beneficiary from being able to transfer or assign his interest in the income or the principal of the trust.  Spendthrift trusts are sometimes used to provide for beneficiaries who are incompetent or unable to take care of their financial affairs. If…

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