LEGAL NEWS – KOZA BLOG

Question: When is probate necessary in California? Answer: In short, it depends on a number of factors. Not every death requires a formal probate proceeding. So let’s break it down into a [...]

Probate is name for the legal process used to properly administer and distribute the assets of someone who has passed away.  It is used to settle the financial matters of a deceased [...]

As Earth Week continues, and we already talked about eco-friendly estate planning, what about eco-friendly business planning? As Earth Day approaches and some of us take time to consider our [...]

As Earth Day approaches, as we consider our economic impact on the environment, let’s consider Eco-friendly estate planning. This isn’t partisan or even political. This is just common [...]

During this Autism Acceptance Week, let’s take a little time to talk about special needs trusts. A useful planning tool for anyone with a disabled family member or living with a disability, [...]

This blog post will discuss the various types of powers of attorney (POA). If you just want to know the basics about powers of attorney, take a look at our other blog post. There are a few [...]

Before you commit to a business structure for your new business, it’s a good idea to know the answer to the question “What is a sole proprietorship?” Many Americans dream of starting their own [...]

The best way to answer the question “what is a power of attorney?” is to start with a thought exercise. Imagine— Let’s say that you are a married, and in your mid-forties.  You and [...]

Understanding the Primary Business Entity Types Available in California If you are thinking about setting up a business and wondering whether you should form a corporation, LLC, partnership, or [...]

Benjamin Franklin once said, “In this world, nothing is certain except death and taxes.”  Assuming that’s true, one might assume that the so-called “death tax” (e.g., the estate tax) [...]

Question: What happens when a celebrity passes away without any estate planning? Answer: The same thing that happens to anyone else who dies without an estate plan. The court decides. On August [...]

Should we be relying on wills? Are they worth the effort and cost to create? We can generally agree that it’s better to have a suitable and legally valid will in place at the time of our [...]

Day 3 of Estate Planning Awareness “Failing to plan is planning to fail.” It’s been said so many times, about so many topics, it couldn’t be more true when it comes to [...]

Day 2 Estate Planning allows you to make a plan … and a backup plan! When creating a complete estate plan, you will execute a trust in order to take advantage of the many benefits it can provide. [...]

Day 1- Monday, October 17, 2022 Estate planning is important if you want to save your loved ones from having to endure avoidable hardships which may arise from your death or incapacity. If you [...]

What is a Trust? A trust is a contract that establishes a legal relationship of trust (i.e., a fiduciary relationship) between an owner of an asset and a party empowered to manage the asset [...]

What is the cost of dying without a living trust? Let’s take a quick look at one recent and well-known case. On August 28, 2020, Chadwick Boseman, an actor most well-known for his role as [...]