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September 2016 Archives

How does a city typically annex a property?

The way property is annexed into a city differs based on a number of factors, but city-initiated annexation in Kern County does tend to follow some basic steps. First, the City Council or other appropriate bodies must decide on the annexation and file appropriate applications and documents with the Local Agency Formation Commission. Once that filing is done, the city and county, from where the property is being annexed, can negotiate the proper tax exchange.

Business leases upon death

Coping with a death is never an easy task. Unfortunately, for the executor and the business partners, it's a necessary follow-up to keep things running. While most business owners have a transition plan in place, sometimes a business dies along with its owner. When that happens, who gets the lease?

The ups and downs of owning a business

Many people dream of owning their own business, and it's not surprising given the benefits that come with company ownership. However, entrepreneurship isn't as easy as some people believe, and it also comes with some fairly serious downsides that should be weighed before you form a business.

What is trespassing in the context of real estate?

Trespassing itself is a varied concept that means slightly different things depending on the context in which it is used. When most people think of trespassing, however, they are thinking of it with regard to real estate. In this context, it means that someone comes onto the land or property of another without the consent of the owner. Trespassing can become both a civil or a criminal matter.

Heirs file complex international lawsuit in art case

Art can be a complex asset to hold in an estate. Not only are there questions of value ranges, but art has a storied past when it comes to estate law. The international legal community even has a soft precedent for handling cases of questionable art ownership when it comes to heirs finding long-lost paintings belonging to an estate.

What type of business should you form?

You've got a great idea for a business and you've done your homework with things such as cost and market research. You're ready to launch, but you aren't sure what type of business structure is right for you. The first thing to understand is that there isn't one right answer for everything, and there's not an exact formula for determining which business structure you should choose. There are, however, some common considerations that can help you make a decision.

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