In simple terms, you can calculate owner's equity for your business by subtracting all your business liabilities from the value of all your business assets.
Prepare a New Deed: Draft a grant deed transferring the property to “John Doe, as Trustee of The John Doe Living Trust, dated January 1, 2024.” Notarize the Deed: Sign the new deed before a notary public. Record the Deed: Submit the notarized deed to the Santa Clara County Recorder's Office along with a PCOR.
A Statement of Information must be filed either every year for California stock, cooperative, credit union, and all qualified out-of-state corporations or every two years (only in odd years or only in even years based on year of initial registration) for California nonprofit corporations and all California and ...
A Statement of Information must be filed either every year for California stock, cooperative, credit union, and all qualified out-of-state corporations or every two years (only in odd years or only in even years based on year of initial registration) for California nonprofit corporations and all California and ...
Anyone authorized to sign your California Statement of Information may file on behalf of your California business. This can be a member/manager, officer/director, secretary, treasurer, or someone you employ (such as an attorney) to file on your business's behalf.
Submit it online Go to the Secretary of State's website: and look up the LLC using its name. Click on the LLC and then select "File Statement of Information". Fill in all the required details.
Failure to file the required Statement of Information with the Secretary of State as outlined in statute may result in penalties being assessed by the Franchise Tax Board and suspension or forfeiture.