The SLG Blog
The Latest Legal News in Nonprofit, Business, and Estate Planning
B Corporation Certification
What is B Corporation Certification? The distinction of Benefit Corporation, B Corporation or B Corp, is granted to companies who demonstrate that they value not only profits but also giving back to the community. This can be done through direct financial...
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California Law Changes Classification of Independent Contractors
In the Spring of 2018, the California Supreme Court handed down a major change regarding how employers classify a California independent contractor. This new ruling has left many California business owners wondering, “What do we do now?” This sentiment will likely...
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3 Tools For Family Business Succession Planning
Small business owners usually have some idea or simple agreement put together that outlines what happens to their company upon retirement. However, most do not plan for something more unexpected, such as an untimely death. The sad reality is that 1 in 7 Americans do...
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Should My Nonprofit Have A Gala?
Introduction Have you asked yourself 'should my nonprofit have a gala?' If you are wondering the answer to this question, it is important to consider the positives and negatives. Planning a nonprofit gala and executing it successfully are very difficult tasks. ...
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Things to Think About When You Buy a House in California
There are a couple of things in life that make us feel like we are true adults. Buying a house is a big one. Suddenly, you realize that buying a house means getting your finances in place, taking on a mortgage, getting insurance…basically full on adulting....
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How the New Tax Bill Will Affect Nonprofits
By now, you undoubtedly have heard that there have been some major changes to the federal income tax system. If you run a nonprofit, you might have heard some pretty scary things about how these changes will affect your donations for the coming years. It...
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How to be a Superhero and Avoid Taxes with an S Corp
If you know you want to form a business entity and you are looking at what type to form, an S Corp may be the perfect entity choice for you. S Corps have some very attractive features which I will discuss below. There are a bunch of reasons you may not be eligible to...
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5 Reasons Why You Need an Estate Plan
1. To Avoid Court Did you know in California if you own assets over $150,000 in your individual name, your estate is likely to be probated? This means that after you die, your beneficiaries will have to go to court in order to get your assets. A trip to the...
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Nikki Semanchik
Founding Attorney
Nikki has been practicing law since 2011. She founded SLG in 2017 with the goal of assisting Entrepreneurs, Philanthropists & Families realize their dreams.