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Julie King

Julie King

Estate Planning | Business Law
  • Business Law, Estate Planning
  • California
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Biography

With 30+ years’ experience, Julie King practices law with the highest standards of ethics and professionalism. She is easy to speak with and talks in plain English (not legalese). Julie handles a wide variety of estate planning and business matters including: (1) ESTATE PLANNING - wills and trusts, health care directives, powers of attorney, special needs trusts, pet trusts, grant deeds and more; and (2) BUSINESS LAW - corporation/LLC/partnership formation, annual meeting minutes, corporate records, contracts, and employee training.

Julie served as in-house counsel to major international corporations, including Toshiba America, where she worked for 15 years and hired lawyers throughout the world. She has been a "client", so she understands clients' needs in a way many lawyers do not. Contact Julie today and see the difference!

Call or email today for a FREE initial consultation! (831) 275-1002 Julie@PierceKingLaw.com

Practice Areas
Business Law
Business Contracts, Business Dissolution, Business Finance, Business Formation, Business Litigation, Franchising, Mergers & Acquisitions, Partnership & Shareholder Disputes
Estate Planning
Health Care Directives, Trusts, Wills
Additional Practice Areas
  • Form Corporations, LLCs and Partnerships
  • Business Transactions & Contracts
  • Trusts, Wills, Powers of Attorney, Health Care Directives
  • Real Estate Grant Deeds and Related Documentation
Video Conferencing
  • FaceTime
  • Google Meet
  • Skype
  • Zoom
  • FreeConferenceCall
  • GoToMeeting
  • Microsoft Teams
  • WebEx
Fees
  • Free Consultation
  • Credit Cards Accepted
  • Rates, Retainers and Additional Information
    Pierce King, P.C. bills hourly or charges a flat fee, depending on the type of matter.
Jurisdictions Admitted to Practice
California
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Languages
  • English: Spoken, Written
Professional Experience
Founding Attorney
Pierce King, P.C., a Professional Law Corporation
- Current
BUSINESS LAW - Negotiating and drafting a variety of complex business contracts, including an international Private Cloud Infrastructure and Management Services Agreement and a Funding Agreement involving the Bill and Melinda Gates Foundation. - Forming C and S Corporations, LLCs and Partnerships, and drafting documents related thereto, such as Buy-Sell and Operating Agreements, Bylaws, Annual Meeting Minutes and Board Resolutions. ESTATE PLANNING - Drafting a variety of wills and trusts (including Revocable Living Trusts, Special Needs Trusts and Pet Trusts), Health Care Directives and Durable Powers of Attorney, as well as Grant Deeds and other documentation relating to funding trusts. - Counseling clients in Trust Administration matters - Preparing, filing and representing clients in Probate actions
Director, Contracts and Intellectual Property
CTB/McGraw-Hill LLC
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Assistant General Counsel
Toshiba America
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Julie was an in-house counsel for Toshiba for 15 years and handled a wide variety of matters for the corporation. She helped the Human Resources Dept. with employment matters and policy drafting, the Sales Dept. with contracts, the Finance Dept. with guaranties, and anyone else in the company who needed assistance in any area of law. She would be honored to do the same for you. Call today!
Education
Univ of California at Los Angeles
Undergraduate Degree
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Loyola Law School
Law Degree
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Awards
BEST LAWYER IN MONTEREY COUNTY
Monterey Herald Readers' Poll
BEST LAWYER IN MONTEREY COUNTY
Monterey Herald Readers' Poll
BEST LAW FIRM IN MONTEREY COUNTY
Monterey Herald Readers' Poll
Volunteer of the Year
Monterey Peninsula Chamber of Commerce
BEST LAWYER IN MONTEREY COUNTY
Monterey Herald Readers' Poll
BEST LAWYER IN MONTEREY COUNTY
Monterey Herald Readers' Poll
BEST LAWYER IN MONTEREY COUNTY
Monterey Herald Readers' Poll
Woman of Distinction in the Legal Community
Los Angeles Bar Association
Volunteer of the Month (Awarded multiple times.)
Monterey Peninsula Chamber of Commerce
Professional Associations
IMPOWER (Businesswomen inspiring each other and helping our community)
Vice President of the Board of Directors
- Current
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Monterey Peninsula Chamber of Commerce
Ambassador
- Current
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Monterey County Bar Association
Member
- Current
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California State Bar  # 132813
Member
- Current
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Central Coast Human Resources Association
Member of the Board of Directors
-
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Monterey County Business Council
Member of the Board of Directors
-
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Orange County Bar Association, Corporate Counsel Section
Co-Chair, Corporate Counsel Section
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Activities: Co-Chair, Corporate Counsel Section (multiple years)
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Certifications
License to Practice Law
California Bar Association
Websites & Blogs
Website
Pierce King Law Website
Website
AVVO - Lawyer Ratings
Legal Answers
438 Questions Answered
Q. How can my wife continue our business if I die as a sole proprietor?
A: There are a number of ways a person can take over another person's business, including through a Trust or Will, by incorporating or forming an LLC and having specific language in the legal documents, etc. The law in California is that anyone with "probatable" assets valued at more than $184,500 has three choices: (1) do no estate planning and your loved ones are required to go through a lengthy court process in Probate Court BEFORE they inherit most assets; (2) set up a Will and your loved ones STILL go through probate; or (3) have a Trust and your loved ones avoid probate so long as the assets are placed in the Trust. "Probatable" assets are those that are required by law to go through the probate process if not in a Trust or handled in another manner. Estate planning is not an area of law I recommend anyone try to handle themselves because there are plain English words that are also terms of art with very specific legal meanings. So, when someone writes their own estate plan, they often intend one thing, but the outcome is different due to the words the person used. Best wishes! ... Read More
Q. How to inherit from a trust while maintaining government benefits in CA?
A: It is difficult for a lawyer to answer questions without having all the facts of a situation, but it sounds like a Special Needs Trust ("SNT") may be the best option for you. The purpose of SNTs is to provide funds to someone receiving government benefits without disqualifying them from the government benefits. So, the money in the SNT is to supplement the government benefits, not replace them.

There are two types of SNTs: (1) First Party SNTs; and (2) Third Party SNTs. First Party SNTs are funded with assets that belong to the person receiving governmental benefits. First Party SNTs are divided into SNTs for disabled people under the age of 65, and "Pooled Trusts", which can be established for a disabled person at any age. There are very specific requirements for each of these SNTs. Third Party SNTs are funded with assets belonging to someone other than the person receiving governmental benefits, most commonly a parent or grandparent.

SNTs are sophisticated types of trust, so be sure to contact an attorney in your area who has experience drafting them. Best wishes.
... Read More
Q. Debt liability on recipient of gifted loan after death.
A: When someone passes away and leaves assets, those assets are called the deceased person’s “estate.” The executor or trustee of the deceased person’s estate will be responsible for repaying all of the deceased person’s debts whether or not the deceased person had a trust or will. (The person paying the debts from the estate is called an “executor” if the deceased person had a will, or a “trustee” if the deceased person had a trust.) So, any bank loans the deceased person made will be paid out of the deceased person’s assets no matter what — unless the deceased person was bankrupt and/or didn’t leave sufficient assets to pay back the loan. The deceased person’s debts must be paid BEFORE loved ones receive an inheritance in most situations.

If, prior to death, the deceased person loaned money to others, the executor or trustee can collect that money if there is a legally valid promissory note (or other clear proof of the amount of the debt, the repayment terms, and more) that was signed by the person who received the loan.
... Read More
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Contact & Map
Monterey, CA
2100 Garden Road, Suite I
[in Building B]
Monterey, CA 93940
US
Telephone: (831) 275-1002
Fax: (831) 222-3042
Monday: 9 AM - 6 PM (Today)
Tuesday: 9 AM - 6 PM
Wednesday: 9 AM - 6 PM
Thursday: 9 AM - 6 PM
Friday: 9 AM - 5 PM
Saturday: Closed
Sunday: Closed
Notice: Meetings available after hours and on Saturdays by appointment. Meetings are in person (wearing masks, socially distanced, etc.); via Zoom, Skype or FaceTime; or conference call. Contact us today to set an appointment for a FREE initial consultation!