Law Offices of Randall B.
Brown & Associates
Estate Planning, Divorce-Property Division,
Custody, Support, Intellectual Property, Real Estate, Business
and Entertainment Law
2860 University Avenue (OA Creates Center), San Diego, CA 92104
▪
Slip and Fall: A wet floor was allegedly the cause of a slip and fall
by a bank customer: Verdict was for the Bank.
▪Unleashed
dogs were responsible for injuries to a man as he attempted to protect
another dog that was being attacked. Verdict for the Plaintiff in the
amount of $396,981. Information found in the California Bar Journal
Our site was updated on
July 06, 2008
San Diego Law Firm Our Law firm offers the finest litigation strategies for San Diego litigants involved in almost any legal dispute.
Quote of the Month
"We
make a living by what we get, but we make a life by what we give."
-Winston
Churchill
Business Solutions
We offer a host of solutions for small
businesses and families when confronted with
troublesome legal issues. Here are some
frequently asked questions and our answers
regarding the practice areas where we focus our
expertise.
Business Law:
California Corporations and LLC's
What are some benefits that come
from setting up a California Corporation?
Setting up a California Corporation has
a number of benefits for those who
currently run small sole proprietorship
businesses or plan to establish a
business in the future, here are some of
the main benefits:
• Corporation becomes liable in the
event of a lawsuit leaving personal
assets protected.
• Small business owners can avoid
self-employment tax.
• Specific ownership interests between
co-owners can be readily ascertained.
• Additional capital for a business can
be raised by issuing stock.
• An organizational structure can be
established and maintained.
Limited Liability
Company's, or LLC's
What is the difference between a
Corporation and an LLC?
Creating an LLC gives you the benefits
of owning a corporation when it comes to
protection from liability for business
debts, judgments and other potential
business disasters while avoiding some
of the legal formalities and tax rules
required of corporations. LLC's
are a great vehicle for setting up your
small business. If you're big
enough to need a legal instrument
allowing for multiple party ownership of your
LLC, but small enough to avoid issuing
stock certificates, you should consider
this type of entity.