• What is a single member disregarded LLC?

    ADVERTISING By:  Tamara B. Pow, Esq. If an LLC has two or more members, it is treated as a partnership for tax purposes unless it elects to be treated as a corporation.  However, an LLC with only one member cannot be a partnership, so it will be treated as a disregarded entity, like a sole […]

  • If I form an LLC in another state, when do I need to register it in California?

    ADVERTISING By:  Tamara B. Pow, Esq. When I first started practicing law, it was not uncommon to advise a client to form an LLC in another state in order to avoid California franchise taxes.  This was especially true if the business did not own property in California.  Over the years, the Franchise Tax Board realized […]

  • Using LLCs For Estate Planning

    By: Tamara Pow Although I do not practice estate planning law, as a limited liability company lawyer (“LLC lawyer”) in San Jose, I have worked with estate planning attorneys to form many LLCs for families that want to include them in their estate plan. Traditionally, the entity of choice for estate planning was the Family […]

  • The LLC – The Right Choice For Your Business?

    By: Serge Filatov I’ve written previously about sole proprietorships and general partnerships as forms of businesses for the small business owner here in San Jose and Silicon Valley. However, as mentioned before, those forms of businesses are not ideal because they expose the business owner to unnecessary liability. Instead, a small business owner should consider […]

  • The Steps of Hiring an Attorney

    For a business owner, the time to hire a corporate attorney is not after running into legal problems; it’s before they occur. By working with a corporate lawyer on an ongoing basis, you can ensure that your business is properly formed, that it is in full compliance with all applicable regulations, and that you are […]

  • Spotlight on Business and Entity Formations

    To form a business, you need a lot more than just a good idea and a marketing strategy. You need the expertise of a corporate attorney . A corporate attorney near San Jose can help you make the right choices for your business today that can led to success in the future. For example, your […]

  • The New California LLC Act – Part I, Forming the LLC

    As of January 1, 2014, the California Revised Uniform Limited Liability Company Act (“RULLCA”), California’s new limited liability company act went into effect. The previous LLC act had been in place for almost 20 years, with relatively few changes. The RULLCA is a complete re-write of the law. It applies to all existing California LLCs […]