Month: September 2017

What is an LLC

What is an LLC?

There are many important tasks involved in owning and operating a small business. The day to day duties involved in operating your business may be confusing and overwhelming at times, but some decisions can be very important to the long-term success of your business venture.

As a small business owner, you may have asked yourself, “How important is an LLC?” If you have already decided on this task, you may have wondered how to get an LLC. The following paragraphs are designed to provide small business owners such as yourself with the proper definition of LLC, as well as answer the question, “How important is an LLC?”

Request a Free Consultation with Platinum Paralegals > 

If you are a small business owner who has decided to take this step, we will also provide you with useful information on how to get an LLC initiated for your business.

LLC Definition

LLC stands for limited liability company . An LLC is a business structure in which the individual members of a company cannot be held liable on a personal level for any of the company’s debts. An LLC can be described as a unique business structure that combines certain traits of a corporation with specific traits of a sole proprietorship.

An LLC is a business structure in which the individual members of a company cannot be held liable on a personal level for any of the company’s debts.

An LLC is the least complex of all the types of business structures and provides the most flexibility in terms of perks and benefits.

How Will an LLC Help Your Business?

Now that we know the definition of an LLC, why is an LLC important to your business? Well, having an LLC in place can provide many benefits. The following is a brief list of a few of the perks associated with an LLC .

  •  You do not need to file a corporate tax return. You avoid issues with double taxation since all owners file their own individual tax returns annually.
  •  Owners do not need to be US citizens or permanent residents to qualify for an LLC.
  •  Owners have limited liability protection from business debts and similar financial obligations related to the operations of the business.
  •  An LLC gives your business enhanced credibility in terms of partnerships and relationships with lenders or suppliers.

Should You Get an LLC?

Why is an LLC important to the overall functioning of your business? Aside from the benefits listed above, an LLC provides your business with enhanced protection from losses and liability while still offering the most flexibility. An LLC is much less confusing and overwhelming than the structure of a corporation but comes with many unique benefits that most business owners appreciate.

How To Get an LLC

There are several steps involved in setting up your LLC for your business. This process normally involves the preparation of several legal documents that are later filed with the Secretary of State on your behalf. If you are in need of legal assistance with setting up an LLC for your business, please contact our offices today.

What is an LLC

Request a Free Consultation with Platinum Paralegals > 

Making important decisions about the daily operations of your business is an important task you are all too familiar with. While some decisions can be taxing and overwhelming, deciding on a proper structure for your business shouldn’t be one of them. The professional and friendly legal team at Platinum Paralegals is here to assist you with setting up your LLC and establishing a proper business structure to ensure your continued success.

What Is a Living Will?

No one enjoys thinking about the possibility of serious medical emergency situations, but planning ahead for these types of unforeseen occurrences is important. It can provide peace of mind to know that there are legal policies in place to protect your wishes should you be in a situation that leaves you unable to speak up for yourself.

If you’ve ever felt concerned about being in a situation that leaves you powerless to make important medical decisions, you may have asked yourself, “What is a living will and do I need one?” The paragraphs below will discuss the definition of a living will, as well as the benefits of a living will. This will help you determine whether this type of legal document could benefit you in protecting your medical wishes and rights down the line.

The Definition of a Living Will

Have you ever asked yourself the question, “What is a living will?” Protecting your medical rights and wishes now while you are able-bodied can offer you peace of mind and a measure of security. Taking steps now to ensure your wishes are upheld can also ease the burden experienced by loved ones who are left to make important decisions about your healthcare. Let’s define a living will, one of the types of legal documents that can assist you in ensuring your medical wishes are upheld in emergency situations.

Taking steps now to ensure your wishes are upheld can also ease the burden experienced by loved ones who are left to make important decisions about your healthcare.

A living will is a written legal document that states your medical preferences in situations where you are unable to make informed decisions for yourself. If you are in an accident that leaves you in a coma or otherwise unable to make vital decisions on the spot, a living will can let those in charge of your medical care know your preferences regarding comfort, end-of-life procedures, pain management, life support, and other important issues.

How Can a Living Will Benefit You?

Now that we have briefly described a living will definition, let’s cover some of the benefits that this document can provide. If you ever find yourself terminally ill or seriously injured to the degree that you cannot make important decisions regarding your medical care on your own, a living will can direct your medical team to act in a manner that abides by your specific wishes and ideals. A living will can address any of the following topics that may arise in emergency medical situations.

Resuscitation – Having your heart restarted by artificial means if it stops beating

Mechanical ventilation – Having a machine breathe for you if you are unable to breathe on your own

Tube feeding – Being fed nutrients through a gastro-nasal tube if you are unable to eat unassisted

Dialysis – Having a machine cleanse your blood if your kidneys are unable to perform the task on their own

Palliative Care – How you want to be kept comfortable if the end of your life is approaching

Organ and Tissue Donation – Ensuring your organs are donated upon your death if you desire for them to be

If you feel strongly about any particular topic regarding your health care or end of life decisions , it makes sense to be sure the topic is addressed in detail in your living will.

How To Go About Getting a Living Will

Now that we have discussed a living will definition and the benefits that living wills can provide, you may be asking how you can go about getting one completed. Living wills are valid legal documents, so they must be completed under the supervision of a lawyer or other legal professional. These individuals are experienced in drafting a living will in the proper manner to ensure that your wishes are upheld no matter what situation you may find yourself in down the line. Contact a qualified and experienced legal professional for assistance on getting your living will completed.

Request a Free Consultation with Platinum Paralegals > 

When thinking ahead to the future, it’s always wise to plan for unforeseen medical emergencies . While thinking about these types of things is never pleasant, having the peace of mind that your wishes will always be fulfilled can lift a tremendous weight of burden off your shoulders. The paragraphs above helped to define a living will and outline the important benefits of a living will so that you can decide whether this legal document can be of assistance to you. Please contact our offices if you would like to discuss living wills in more detail.

Advance Directives in California

One of the most important decisions you will ever need to make concerns your future health. Have you thought about whom you would entrust to make medical decisions on your behalf in the event that you are unable to do so yourself?

It is exactly this subject that is legally addressed in a document known as an advance healthcare directive, also known as an advance directive California.

Request a Free Consultation with Platinum Paralegals > 

WHY GET AN ADVANCE DIRECTIVE?

Many of us can procrastinate endlessly when it comes to making crucial decisions that affect us and our families, particularly when they involve medical issues. Sadly, failing to take the time to complete advance directives California can lead to a great deal of needless confusion and stress in the future when you are in the midst of a medical crisis.

Failing to take the time to complete an advance directive can lead to a great deal of needless confusion and stress in the future when you are in the midst of a medical crisis.

On the other hand, if you have already completed the legal document and handed it out to your medical care team, your specific desires and wishes can be followed exactly according to your specifications. In short, simple advance directives in California make an incredibly difficult time in your life much easier.

BENEFITS OF ADVANCE DIRECTIVES

Your advance directive California can contain three important parts. You can complete Part 1, Part 2 or both and must always complete Part 3.

First, you will choose the person you will entrust to make your medical decisions for you in the event that you are too ill or incapacitated to make them yourself. Making this choice ahead of time ensures that you have the time to give careful consideration in selecting the best candidate for this important job.

Second, your advance directives California will specify exactly how you want to be cared for. You can agree to, change or say no to who treats you, where you get treatment or where you live, medications and treatments, organ donation and life support.

Finally, you must sign the form and also have it signed by either two witnesses or a notary public.

ADVANCE DIRECTIVE STORIES

When Rick became a father for the first time, he recognized that he wanted to make his healthcare wishes crystal clear to ensure that his wife or eventually his child would know exactly what he wanted them to do in the event that he experienced a health crisis and could not make decisions for himself.

Advance Directives in California
Plan ahead, that way your loved ones don’t have to suffer the consequences.

With the help of Platinum Paralegals, he completed the advance directive California form and distributed copies to his primary care physician and to the person he had chosen to represent him. Two years later, Rick was involved in a serious construction accident on his job that rendered him unconscious and comatose. For almost a week, Rick was unable to understand what was said to him as he lay fighting for his life. Fortunately, his family and his physicians had no doubt as to his wishes because he had taken the time to complete a health care directive form. As a result, Rick received exactly the type and extent of treatment he had specified.

At around her 80th birthday, Emma started getting lost. She would get in her car and drive a few miles, only to forget where she had planned on going. Several times, she got totally lost in her own neighborhood. Suspecting dementia, her family took her to a gerontologist who diagnosed her with probable Alzheimer’s disease. The condition gradually took its toll on Emma’s memory and ability to function, but because she had completed simple advance directives in California when she was mentally competent, all of her medical decisions were made by the representative of her choice. “It gives us a certain peace of mind knowing that we are doing what Mom wants us to do in terms of her medical care,” her daughter explained. “It’s amazing what one piece of paper can actually do.”

“It gives us a certain peace of mind knowing that we are doing what Mom wants us to do in terms of her medical care,” her daughter explained. “It’s amazing what one piece of paper can actually do.”

Don’t wait until you’re in the middle of a medical crisis to think about your healthcare options. Contact the experts at Platinum Paralegal today, and you’ll find out just how simple this crucial process is to complete.

Request a Free Consultation with Platinum Paralegals > 

Should You Get an Advance Health Care Directive

Should You Get an Advance Health Care Directive?

When serious illness or emergencies strike, it’s important to feel that you have a trusted friend or acquaintance who has your back in these situations. If you’re in an accident or suffer a medical emergency that leaves you unable to make vital health care decisions for yourself, you can consider placing someone else in charge of this important task.

Request a Free Consultation with Platinum Paralegals > 

Having a California advance health care directive in place before an emergency can provide you with a great deal of peace of mind and preparedness. CA advance directives are recognized as a legally binding document by doctors, emergency medical personnel, attorneys, and anyone else who may be involved in your care.

What is an Advance Health Care Directive?

A California advance health care directive is a legally valid document that allows you to appoint someone you trust to handle important medical decisions involving your care should you become incapacitated in some form. The individual you place in charge of your care could be a close friend, family member, clergy member at your church, or any other individual you would trust to make these decisions on your behalf.

Why You Should Get an Advance Health Care Directive

No one likes to think about being in a vulnerable position where they cannot speak up for themselves and the protection of their rights and wishes. However difficult it is to think about, these types of emergencies do sometimes occur. The best thing that any individual can do is to be prepared for such an event before it happens.

The best thing that any individual can do is to be prepared for such an event before it happens.

Medical directives can provide the level of protection that can give you much-needed peace of mind that your wishes will always be carried out.

Benefits of Getting an Advance Health Care Directive

Attempting to make emergency medical or end of life decisions for a loved one or family member is a very stressful event. Wondering if you’re fulfilling this person’s wishes in the way he or she would have wanted can cause heart-wrenching pain and stress. Medical directives can provide several benefits that protect everyone involved in the situation. The three main benefits are listed below.

Reduce Conflict among Family Members

Sometimes in the stress of a medical emergency, family members can disagree on how certain decisions are handled. If the individual has made his wishes crystal clear in writing with a medical directive, there can be no doubt about the way things should be taken care of. This can reduce friction between friends and family members who may see things differently than you do.

Provide Peace of Mind

There’s no greater peace of mind than knowing a trusted person is in charge of your care should you become incapacitated in some manner. Thinking of being left in a vulnerable state is enough to strike fear into the hearts of the toughest individuals.

Thinking of being left in a vulnerable state is enough to strike fear into the hearts of the toughest individuals.

We have specific values and beliefs that we hold dear, and it’s important that our health care is carried out in a way that corresponds to these personal values. A medical directive can provide the reassurance that will allow you to take this burden off your mind.

Keep Stress to a Minimum

There is already enough stress surrounding emergency situations. No one needs the added stress of wondering if they’re making the right choices concerning another individual’s care. Planning for emergencies before they occur can help keep an already stressful time from becoming too much to bear.

How to Get an Advance Health Care Directive

None of us know when we may be in an accident or suffer a medical emergency that leaves us unable to make important decisions regarding our health care on our own. It makes sense, therefore, to obtain a California advance directive before an emergency situation arises.

Request a Free Consultation with Platinum Paralegals > 

California advance directives are recognized by medical professionals, attorneys, and hospice officials as a legally binding document that affords you the peace of mind that your wishes will be carried out even if you are not in a physical or mental state to voice them. A qualified legal professional can help you finalize your CA advance directive so that you have the peace of mind that you’re prepared for any medical emergencies that may arise in the future.

Find this information useful? Take a look at Advance Directives vs. Living Wills.