The Advisor2020-08-23T22:27:47+00:00
The Advisor - FLASLLP
602, 2022

Litigation Insight: Attorney-Client Privilege: What it is and Why You Should Care

By |February 6th, 2022|Categories: The Advisor|Tags: , , , , |Comments Off on Litigation Insight: Attorney-Client Privilege: What it is and Why You Should Care

December 2021 Every fan of TV legal dramas has heard the phrase “attorney-client privilege.” Tune in to almost any episode of Law & Order and odds are good that you will hear someone asserting “attorney client privilege” or discussing the implications of “the privilege” for their investigation or case. It is easy to dismiss attorney-client privilege as a TV plot point but maintaining attorney-client privilege should be an important consideration for any business acting through its employees and agents. What is Attorney-Client Privilege and Why is it Important? The attorney-client privilege is a legal rule that protects (1) confidential communications [...]

1111, 2021

Three Things to Consider Before Hiring a Remote Workforce

By |November 11th, 2021|Categories: The Advisor|Comments Off on Three Things to Consider Before Hiring a Remote Workforce

November 2021 In the wake of the global pandemic, many employers have concluded that an on-site workforce may be both unnecessary and undesirable. A remote workforce can cause a dramatic reduction in overhead (via lessened or nonexistent rental costs on office space, energy usage, etc.), can promote employee goodwill, and can potentially enable tapping into a global market for the best available talent. Whether these positive factors outweigh the potential negatives (e.g., reduced human interaction, workflow efficiency concerns) is a matter best left to sound business judgment. However, there are also many legal concerns you should consider before beginning [...]

910, 2021

Potential Impacts on Commercial Real Estate under the Biden Administrations’ Tax Plan

By |October 9th, 2021|Categories: Land Use and Real Estate, The Advisor|Comments Off on Potential Impacts on Commercial Real Estate under the Biden Administrations’ Tax Plan

The 1031 exchange, a popular tool to create wealth by “deferring” capital gains tax on real estate investments, is on the chopping block in the “American Families Plan” put forward by the Biden Administration earlier this year. If the change is implemented it could have a significant impact on the way small investors participate in the commercial real estate market. Under Section 1031 of the Internal Revenue Code, there is currently no limit to the amount of capital gain that taxpayers may defer. This allows a real estate investor, for example, who bought a building for $2 million and [...]

2905, 2021

The Importance of Understanding Basic U.S. Securities Laws Before Seeking Investors

By |May 29th, 2021|Categories: Business, Corporate and Venture, News, The Advisor, Uncategorized|Comments Off on The Importance of Understanding Basic U.S. Securities Laws Before Seeking Investors

May 2021 Small businesses need capital to startup, operate, and grow. When entrepreneurs lack the ability or desire to fund a venture entirely from personal assets, they will seek capital from outside investors. If you have or plan on founding a startup, it is imperative to have a general understanding of United States securities laws. Many entrepreneurs assume that they don’t need to worry about securities laws unless they’re “going public” but, if you intend to raise any outside money you must comply with both federal and state securities laws while doing so, otherwise your raise may result in liability for [...]

1002, 2021

California Implements Property Tax Changes for Seniors and Families

By |February 10th, 2021|Categories: Estate and Tax Planning, The Advisor|Comments Off on California Implements Property Tax Changes for Seniors and Families

February 2021 On November 3rd, Californians voted by a slim margin to pass Proposition 19, the Home Protection for Seniors, Severely Disabled, Families, and Victims of Wildfire and Natural Disasters Act (“Prop 19”). Prop 19 changes property tax benefits for all people who stand to inherit real property in California from their parents (or grandparents) as well as certain individuals looking to buy a new home. As with all new tax measures, Prop 19 has generated a fair number of questions. We here at FLAS have answered some of the more common questions about Prop 19 below: How does Prop [...]

412, 2020

Good Business Habits Help Prevent Litigation

By |December 4th, 2020|Categories: Business, Corporate and Venture, Civil Litigation and Trials, News, The Advisor|Comments Off on Good Business Habits Help Prevent Litigation

December 2020   We love to help clients start and grow successful businesses, bring ideas to market and create value. We also love to help client protect what they have built. One of the ways we are called upon to do so is when the need arises to file or defend against a lawsuit. No rational business person wants to file a lawsuit unless they absolutely have to, and of course no one wants to defend against one. It is expensive. It is stressful. It is time consuming. What can you do as a business owner to avoid litigation? Obviously there [...]

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