Business LawDiPaolo Law offers its clients expertise in forming or dissolving various forms of business entities within the State of California including corporations and limited liability companies. Proper use of legal entities can provde significant tax savings and protection from personal liability to insulate your home and other personal assets from risks attendant to operating your own small or medium sized business.
If you already have a corporation or other business entity, hopefully you are adhering to the important formalities which are required to enjoy the legal benefits of the business entity. DiPaolo Law can provide a review of your business' practices and compliance with these requirements. |
Civil LitigationCivil litigation is one of our main areas of practice. We have vast experience representing individuals and businesses in state and federal court actions covering a wide variety of issues.
Probate & Estate AdministrationUnfortunately, handling the disposition of assets and administration of an estate can be complicated and time consuming. Having professional legal assistance is particularly important at such a time. Whether you merely need guidance properly transferring assets following the death of a joint tenant, or require an attorney to represent you in a probate proceeding, DiPaolo Law will be there for you.
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Estate Planning
As the old saying goes, the two things everyone can count on is death and taxes. Estate planning addresses both of these issues. Whether you are interested in a "simple" will, a revocable living trust, a family limited partnership, or any other form of estate planning, DiPaolo Law can fulfill your needs.
Quite often, individuals underestimate the importance of proper estate planning. There is a common misconception that estate planning is only necessary for "wealthy" individuals. This is not true. The benefits of proper estate planning apply to all adults.
Key Benefits of Proper Estate Planning:
· Control Over How and to Whom Your Estate Will Be Distributed
· Appointment of a Guardian for Minor Children
· Avoidance of Probate
· Preservation of Estate Through Avoidance of Estate Taxes
· Reduced Costs of Estate Administration
· Easier and Faster Transfer of Assets Following Death
· Less Complication
· Control Over Your Affairs If You Become Incapacitated
Quite often, individuals underestimate the importance of proper estate planning. There is a common misconception that estate planning is only necessary for "wealthy" individuals. This is not true. The benefits of proper estate planning apply to all adults.
Key Benefits of Proper Estate Planning:
· Control Over How and to Whom Your Estate Will Be Distributed
· Appointment of a Guardian for Minor Children
· Avoidance of Probate
· Preservation of Estate Through Avoidance of Estate Taxes
· Reduced Costs of Estate Administration
· Easier and Faster Transfer of Assets Following Death
· Less Complication
· Control Over Your Affairs If You Become Incapacitated
If you pass away with more than $100,000 worth of probate assets (e.g., real property, bank accounts, investment accounts, personal property), a probate will likely be required to transfer your assets upon your death. While there are exceptions to this general rule, knowing how to avoid a probate is important to virtually anyone who owns a home in Southern California - whether or not the house is paid for.
Contrary to popular belief, probate is not merely another means for the governiment to get its hands in your pockets. Probate is the process by which an estate is settled or administered and distributed under court supervision. When applicable, title to property such as a house or bank accounts cannot be transferred through a will or sale without a probate. Unfortunately, it is generally a slow and somewhat costly process. But, it can be avoided in almost all cases if a living trust or other estate planning tool is utilized.
DiPaolo Law will educate you concerning your estate planning options so that you can make well-informed choices as to how best to protect and preserve the assets you have worked a lifetime to earn and save. We provide individualized attention to meet the needs of our clients.
We can discuss all aspects of estate planning including revocable living trusts, wills, advance health care directives, durable powers of attorney, irrevocable life insurance trusts, family limited partnerships, and more.
Even if you currently have a will and/or trust, if you have not had your estate plan reviewed within the last five years it is recommended you do so. Federal and state laws affecting the administration of estates change regularly. Whether you realize it or not, so does your estate. Therefore, a review of your will or trust will ensure that everything is up-to-date.
While we encourage all responsible adults (married or single) to meet with us to discuss their estate planning needs, we strongly recommend anyone who is a parent of a child under the age of 25 to contact us. If you are a child of an elderly parent, you may also wish to bring your parents in for a consultation to ensure that they are prepared when their time comes.
Contrary to popular belief, probate is not merely another means for the governiment to get its hands in your pockets. Probate is the process by which an estate is settled or administered and distributed under court supervision. When applicable, title to property such as a house or bank accounts cannot be transferred through a will or sale without a probate. Unfortunately, it is generally a slow and somewhat costly process. But, it can be avoided in almost all cases if a living trust or other estate planning tool is utilized.
DiPaolo Law will educate you concerning your estate planning options so that you can make well-informed choices as to how best to protect and preserve the assets you have worked a lifetime to earn and save. We provide individualized attention to meet the needs of our clients.
We can discuss all aspects of estate planning including revocable living trusts, wills, advance health care directives, durable powers of attorney, irrevocable life insurance trusts, family limited partnerships, and more.
Even if you currently have a will and/or trust, if you have not had your estate plan reviewed within the last five years it is recommended you do so. Federal and state laws affecting the administration of estates change regularly. Whether you realize it or not, so does your estate. Therefore, a review of your will or trust will ensure that everything is up-to-date.
While we encourage all responsible adults (married or single) to meet with us to discuss their estate planning needs, we strongly recommend anyone who is a parent of a child under the age of 25 to contact us. If you are a child of an elderly parent, you may also wish to bring your parents in for a consultation to ensure that they are prepared when their time comes.