Castro Law

Free 30 min Estate Planning Consultation with Castro Law - https://mailchi.mp//free-30-min-estate-planning-consultati

IS ESTATE PLANNING ON YOUR LIST OF NEW YEAR’S RESOLUTIONS? When a new year begins, we are encouraged to make New Year’s resolutions. Often these resolutions include starting fitness programs and diets, prompting us to take a good look at how we eat and spend our time. Although, reviewing or preparing an estate plan may not have the same physical impact, it is an important exercise and is likely to give you peace-of-mind that your financial house is in order. Call us for ...a free consultation! 888-560-2743. Consider the following situations: You own property valued in excess of $150,000: Trusts can avoid costly probate attorneys and fees. Probate fees are set by statute and are based upon a percentage of the value of the estate. The fee for probating a $500,00 home could be $13,000 NOT including attorneys fees! You have minor children: If you do not have a will with designated guardians for your minor children, the court will decide for you. You are remarried with children: A trust can ensure your children from your previous marriage receive the inheritance you intended. You have beneficiaries who struggle with substance abuse or are not able to make wise financial decisions: Your trust could contain moral provisions or create a sub-trust that provides oversight for their inheritance. You are incapacitated in an accident or by an illness and need someone to make financial and health care decisions on your behalf: A power of attorney or a health care directive can authorize the correct person to make financial and medical decisions on your behalf if the documents are correctly signed, contain current information and name the proper agents. You recently lost a loved one and were named Executor or Trustee of their estate, or they died without a trust or will: Castro Law can help you understand your obligations and rights and assist with administration of the estate. If you find yourself in any of these situations, or if you have any questions, call us for a free consultation. And good luck on those New Year’s resolutions! 888-560-2743.

CAUTION: California Corporations & LLCs May Be Subject to Administrative Dissolution! In today’s day and age, the corporate world is always shifting, and new legislation passes every year that changes the way California businesses must conduct themselves. Recently, AB 2503 was signed into law and will be effective starting January 1, 2019. This law directly impacts how the California Franchise Tax Board can dissolve and dismantle a California entity for something as innocent ...as failure to pay annual fees. If an entity has been suspended for a specific period of time by the Franchise Tax Board, the FTB can notify the Secretary of State and take action to administratively dissolve and shut down the entity. There are certain rules the FTB and SOS must abide by when moving to dissolve an entity. Castro Law provides services that protect entities from being dissolved or suspended by the FTB and maintain good standing with the Secretary of State. If you or someone you know is in danger of their entity being forcefully shut down by the FTB or SOS, or you simply want a corporate check-up, give our office a call for a free consultation on options for saving you from the headache of the shutdown of your business. Don’t let the FTB bully you! To see the full AB 2503 visit: https://leginfo.legislature.ca.gov/fa/billTextClient.xhtml To check out our website please visit: http://www.castrolawpc.com/ See more

IT IS A THANKLESS JOB, BUT CALIFORNIA TRUSTEES MUST KNOW THEIR DUTIES! Being a trustee is a huge responsibility not to be taken lightly. The very first thing you must knowWhat are your responsibilities? These duties should be written in the Trust Document itself, but often can be confusing and frustrating. You also need to look into, and understand, the California Probate Code, and Are you distributing the trust in an appropriate time frame? Are there assets that need t...o be invested or reinvested? Do you understand the Uniform Prudent Investor Act? Are there other ‘trustees’ to work with? Are the other ‘trustees’ difficult to work with? Hiring a ‘Counselor at Law’ could be very beneficial for a trustee. A Counselor at Law will provide you with help in understanding your responsibilities and can give you sound advice on how to carry out those responsibilities. And, most often, there are provisions in the trust that allow you to hire an outside source for help. A Counselor at Law will guide you through the process and will be a fraction of the cost of hiring a firm to run the trust for you and, especially, will give you peace of mind that you are carrying out your duties to the full extent of the law. A Counselor at Law is a licensed attorney, but in this situation is acting as guide for you, particularly in interpreting the law and the duties you are to perform as trustee. We always give a free consultation. It never hurts to call and see if you are on the right track, or if you could use some help! 888-560-2743 See more

FREE CONSULTATION WITH OUR ESTATE PLANNING ATTORNEY Have you been thinking about creating a will or a trust and don’t know where to start? Or, maybe you have an estate plan but have questions regarding its accuracy or have updates that you want to make? Are you a Trustee of a Trust and have concerns about administering the trust correctly? Castro Law is offering a free hour consultation with our estate planning attorney, Shawn Wachter. There are often critical questions r...egarding personal property, real property and even health issues that people simply need help with. That is why we are inviting you to call Castro Law at 888-560-2743 to make an appointment. Shawn is available to meet with you in person at our office, or via telephone for your hour free consultation. This offer is valid until July 31, 2018. Please call to make an appointment today. 888-560-2743 Issues we are often asked about: How do I protect my spouse if I die? I am re-married and do not want my children to get cut out of my estate. What will happen to our minor children if we die suddenly? What is Probate? Do I need an Advance Health Care Directive? What is a Power of Attorney and DO I NEED ONE? What are my liabilities as a Trustee of a Trust? If you have these questions, or others, please do not hesitate to call us at 888-560-2743.