Here at the Schomer Law Group, we take our commitment to the community of Inglewood very seriously. As the gateway to major commercial centers in the United States, as well as internationally, Inglewood provides an opportunity for businesses to flourish. If you are looking for an experienced small business planning attorney in Southern California, you have found a great local resource.
We Proudly Serve Our Neighbors in Inglewood, California
While Inglewood may be known for having the best overall mild weather, one of its best-kept secrets is its beautifully landscaped neighborhoods and quality housing options. Providing a wealth of options, from historic family homes, executive townhomes and gated communities, Inglewood is bound to have the perfect housing for you and your family, at a reasonable price. In fact, the median property value in Inglewood is $175,000. Just as important are the nearly 500 housing units available for seniors and the disabled.
Inglewood is in a prime location. Centrally located in Southern California, this great city is accessible to major transportation resources, including the Los Angeles World Airport located only 2 miles away. Inglewood is also served by Union Pacific & Burlington Northern Santa Fe rail lines and Los Angeles and Long Beach harbors. Its population of approximately 111,000 is entirely urban.
Inglewood is home to Springfield College, the University of West Los Angeles Law School, and located less than 20 minutes from Loyola Marymount University, University of California at Los Angeles, the University of Southern California, among other Colleges and Universities. Governed by Mayor James T. Butts, Jr., the City has developed a reputation for its accessibility to major freeways and Los Angeles International Airport, making Inglewood an attractive locale for new business.
We Are Here to Help Inglewood, California Residents
Just as Inglewood has proven itself as a business-friendly community, with many opportunities for new businesses, The Schomer Law Group is here to provide the business formation and business succession planning that you need. We will assist you in determining the best business entity for you, depending on your circumstances, and draft customized operating and buy-sell agreements to meet your specific needs. The Schomer Law Group can also help you decide what will happen to your business when you retire, or upon your death or incapacity. Without a complete plan, your family may be forced to sell the business or the business assets after your death.
One thing many businesses need is sufficient transportation resources. Inglewood has what every Southern California business needs, “championship winning transportation resources in a location with competitive land and lease rates.” In fact, Inglewood is located on the shore of the Pacific Rim, a unique location that serves as a gateway to major commercial centers of the United States and internationally. The Los Angeles International Airport, which can be accessed by Inglewood’s Century Boulevard, is easily the City’s busiest commercial passageway. The city’s proximity to the airport, the Los Angeles and Long Beach Harbors, and four major freeways, promotes both domestic and international trade.
Inglewood, California is home to many iconic landmarks. The Forum was home to the NBA’s Los Angeles Lakers, until it was moved to the Staple Center in 1999. Inglewood is also close to many gorgeous beaches and major attractions like Disneyland, Universal Studios and Hollywood. For example, Venice City Beach is less than 10 miles from Inglewood, known for its boardwalk and its eclectic street performers. Inglewood is also home to the famous Randy’s Donuts, made even more famous through its appearance in Iron Man, when Tony Stark made a pit stop there. Randy’s Donuts, a bakery and landmark building is fashioned in an architectural style that was at its height in the 1920s and 1930s — the trend of designing structures in the shape of the product sold.
Family-Owned Business Estate Planning in California
When estate planning is done the right way, families can protect their assets from taxation, while controlling how and when those assets are distributed. In doing so, you can provide a financial foundation for their loved ones that will remain stable long after you are gone. This type of advance planning is especially important for small and family-owned businesses in California. How your business is organized will have a substantial effect on how that business is taxed and administered after your death.
As with all estate plans, there are many factors that must be considered to determine the options that are most beneficial to you, your business and your family. If you have questions regarding family-owned business estate planning, or any other estate planning needs, please contact the Schomer Law Group either online or by calling us at (310) 337-7696.