Data Privacy Primer: With the New Year Comes New Changes to the California Data Privacy Landscape
The California Privacy Rights Act (CPRA) will take effect on January 1, 2023. The CPRA imposes additional requirements on companies that do business in California, expanding upon its predecessor in privacy: the California Consumer Privacy Act (CCPA). With the rules and regulations governing consumer data privacy soon subject to change, it is the responsibility of businesses to stay informed and implement those modifications necessary to ensure compliance with the CCPA and CPRA. Below, we have provided a brief overview of the CCPA and the CPRA, which we hope will answer questions such as: • Which businesses are affected by the [...]
FLAS Partners Featured in Pacific Coast Business Times 2022 “Who’s Who in Professional Services” Report
FLAS attorneys Trevor Large, Marcus Kocmur, and Michael Fauver were featured in the Pacific Coast Business Coast Times’ "Who's Who in Professional Services" issue. The issue recognizes the leading attorneys and certified public accountants in the Tri-Counties. Read an excerpt from the issue below: For professionals interested in learning more about the top CPAs and attorneys in San Luis Obispo, Santa Barbara, and Ventura Counties, "Who's Who in Professional Services" is a must-read. The report this year emphasizes the region's depth of collective experience and variety of options for anyone seeking legal counsel or accountancy services. Candidates were also selected [...]
Avoiding Probate in California
When someone passes away in California, their assets and debtsare administered in accordance with any estate plan adopted by them during their life and, as applicable, California law. A decedent’s estate can either be administered under a Trust, of if a decedent didn’t leave a Trust, through the process known as Probate. When an individual dies without a Trust, and the value of whose ‘probate assets’ exceeds $184,500, his or her assets will be distributed through the probate process in accordance with California’s laws and procedures. If the decedent dies, having previously appropriately executed a Will, or dies intestate (without [...]
Avoiding Employment Discrimination Claims: A Guide for California Employers
The employment law attorneys at Fauver, Large, Archbald & Spray are available to help our clients respond to and defend employment discrimination claims including claims based on protected class discrimination, sexual harassment claims, and retaliation claims. More importantly, we want to help our clients realize their business goals by avoiding discrimination claims before they arise, minimizing the negative impact of employment lawsuits and conflict in the workplace whenever possible. In this article, we will review some of the recommended policies and procedures, strategies for avoiding workplace discrimination, and best practices including: A general overview of the types of employment discrimination [...]
Estate Tax Considerations for 2022
The state of California is one of the most taxed in the country when it comes to income taxes. But there is some good news for those concerned about estate taxes — the state of California is one of the states that does not charge an estate tax. To learn more about California's transfer tax planning considerations for 2022, continue reading. Tax Exemption on Gifts and Estates This year, the federal estate and gift tax exemption has been increased from $11.7 million to $12.06 million, allowing U.S. residents to give away an extra $990,000 in the aggregate to non-spouse [...]
Key Things to Understand When Leasing Retail Space
Once the ink on a commercial lease for an office building or retail space has dried, it's too late to make adjustments. Commercial leases are important documents that require careful examination and a basic understanding of lease concepts. You want to get the greatest deal for your company, which means before you sign a lease, you want to be sure you have carefully investigated its terms to make sure it meets your business's needs. How Commercial Leases Differ from Residential Leases It is critical that you take the time to carefully consider commercial leases, as they are generally more [...]