According to the California Contractors State License Board (CSLB), its Licensing division has processed about three dozen limited liability company (LLC) license applications; to date, five licenses have been issued. The LLC...
Fred M. Whitaker, Senior Partner at Cummins & White, LLP. If you have questions related to this article, please contact Fred Whitaker at (949) 852-1800 or fwhitaker@cwlawyers.com. Last month we discussed the traits that...
In California, a general contractor must file a payment bond on all public works projects over $25,000. Payment bonds are a form of guarantee ensuring that a subcontractor or supplier will be reimbursed for costs incurred...
Why You Need an Estate Plan
March 28, 2012
The other day, someone asked me, “What happens to my home when I die?” In other words, “Why do I need an Estate Plan?” This is why. Assuming that the home is not in a trust, this will be the eventual outcome: 1....
DISCOVERY UNCOVERS MOTIVES LEADING TO COLLAPSE OF CONCRETE WALLS Highlights Attorney Kevin Price successfully handled a subrogation case against an engineering firm that was negligent when its engineers switched from large to...
AUTO & GENERAL LIABILITY POLICIES TAPPED FOR RECOVERY WHEN FENDER BENDER CAUSES MILLIONS IN DAMAGE TO ELECTRICAL SUBSTATION Highlights Attorney Kevin Price successfully pursued both auto and general liability policies...
There is a good article posted about donor’s remorse on WSJ Online called “The Rush to Avoid Gift Taxes.” The article can be found by clicking here and discusses the perils of making gifts to irrevocable trusts. As...