Welcome to the Law Office of Ashley M. Peterson

The Law Office of Ashley M. Peterson is a boutique law firm which focuses on California real estate transactions, business transactions and probate law. As a boutique office, we are able to offer the highest quality of legal services without charging the big firm legal fees. Our office is dedicated to providing clients with a more intimate experience in understanding the law, and guiding clients through major life transitions.

Ashley Peterson, ESQ

Ashley M. Peterson is a fourth generation California attorney. Ms. Peterson founded the Law Office of Ashley M. Peterson in 2015, and specializes in real estate transactions including commercial and residential property purchases and sales, 1031 exchanges, commercial and residential leasing, landlord and tenant matters, short term vacation rental regulations, title and due diligence review, easements, and homeowner association issues. In addition, Ms. Peterson’s practice includes advising small businesses, forming new business entities, business purchases and sales, general business contracts, and trust and probate administration.

“Sometimes the questions are complicated
and the answers are simple.”
Dr. Seuss

Our Legal Specialties


Real Estate Law

Property law is constantly changing in California. As a landlord, tenant, property owner, or buyer, it is important that you know what your legal rights and obligations are. Our office will ensure you know the current applicable laws, and we can guide you through whatever difficult situation you may face with your residential or commercial property.

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Business Law

Whether you want to form a new business, maintain an existing business, buy or sell a business, or enter into business contracts, our office will ensure that the terms of the documents are fully explained to you, and that you understand your legal obligations in starting a new business venture.

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Probate Law

When a loved one passes away without a trust, and that person owned assets totaling $150,000 or more, a probate will likely need to be initiated in order to transfer the assets to the heirs of the decedent or the proper beneficiaries. Our office can help you determine whether a probate is necessary in your particular situation, and whether alternatives to probate are available.

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FAQs

When you own real property, that asset will generally appreciate in value over time, particularly if you own property in San Diego. When you sell that asset, capital gains tax will be due on the sale based on the appreciated value. A 1031 exchange is the method by which a person can sell an existing investment property (“relinquished property”) and defer all of the tax that would be due on the sale by purchasing a new investment property (“replacement property”). This is called a “like kind” exchange. It is extremely important for clients to have a qualified team of individuals to ensure the 1031 exchange is handled correctly. At a minimum this team should include a real estate attorney, a well-respected qualified intermediary company, escrow, and a tax advisor. Failure to complete the transaction properly and in accordance with IRS regulations and timelines could result in serious tax ramifications, penalties and interest on the transaction. If you are thinking about conducting a 1031 exchange, please contact our offices and we would be happy to assist you through this process.

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