What Are the Benefits of Outside General Counsel to Your Business?
No matter the size of your business, there will be moments when you need quality legal advice. But knowing how to get your legal needs met can be a challenge, especially for businesses that don’t have...
View ArticleWhat Is a Power of Attorney, and Why Is This Document So Important?
Most people know how important it is to prepare a will so that their last wishes can be honored when they die, but what happens if you become incapacitated while you’re still alive? Who will make the...
View Article“Sweating the Small Stuff” – Planning for Assets with Sentimental Value
People preparing estate plans often spend a lot of time determining what will happen to high-value assets like real estate, vehicles, and stocks. Some people spend little time allocating small personal...
View ArticleIndependent Contractors and the Dangers of Misclassifying Employees
A review of state-level studies by the National Employment Law Project found that between ten and 30 percent of workers may have been misclassified by their employers as independent contractors instead...
View ArticleWill Your Business’ Legal Structure Work as You Grow?
As your company grows and becomes more successful, the plans, needs, and goals that you had when you started might change. These changes could affect how well your company’s legal structure works. If...
View ArticleWhy Families with Wealth Should Consider Establishing a Trust
Estates and gifts over a certain value can bring significant taxes, often as much as 40 percent of the total value. According to the Congressional Budget Office, federal revenues from estate and gift...
View ArticleWhen Is the Right Time to Create an Estate Plan?
For most people, the idea of creating an estate plan is not particularly appealing. Some feel it’s morbid to think about what will happen after you die or become incapacitated. And developing a plan...
View ArticleWhen Should You Consider Changing Your Business’ Legal Structure?
As a business owner, you want your company to grow and adapt to the times, but you may feel uncertain about overhauling its legal structure. Changing your business entity is not as challenging as you...
View ArticleWhy Are Employee Handbooks Essential for a Business?
As an engaged employer, you have plenty of responsibilities to take care of. Creating, reviewing, and updating an employee handbook can feel like a low priority when you’re running or scaling a...
View ArticleWhat Costs Should You Consider Before Signing a Commercial Lease Agreement?
Most people are familiar with residential leases, but commercial leases differ in several key ways. A commercial lease typically lasts several years longer than a residential lease, and commercial...
View ArticleWhat Obligations Do Utility Companies Have to Their Customers?
We depend on electricity, water, and gas not only for convenience but for our survival. Despite the necessity for these services, many people don’t consider what goes into turning on the light in their...
View ArticleWhat Are the Five Elements of an Enforceable Non-Compete Clause in North...
One of the most valuable assets for businesses and big companies is their human capital: their employees. Companies hire employees that can produce valuable work for them. Particularly in certain...
View ArticleWhat Rights May Be Limited Under a Guardianship?
Sometimes we take for granted our ability to make some of the most basic decisions about our lives, like where we live and how we spend our money. Some people, however, aren’t able to make these...
View ArticleHow Can I Convert a Traditional Partnership to an LLP?
Transferring your business from a traditional partnership to a limited liability partnership (LLP) doesn’t require a lengthy or complicated procedure. The primary steps you should follow are below....
View ArticleWhat Is an SNDA, and When Do I Need One?
A subordination, non-disturbance, and attornment agreement (SNDA) is a common provision in real estate transactions involving a leased property. Although it’s a long title, it’s not too complicated to...
View ArticleWhat Is a Residuary Clause and Why Is it Important?
A residuary clause establishes who will receive an asset or proceeds from the sale of an asset if the will or trust doesn’t name a beneficiary for it. It’s critical to include a residuary clause in...
View ArticleWhat Counts as “Trade Secrets,” and What Can I Do if Mine Are Stolen?
A trade secret is a type of intellectual property a business owns. It can be a program, formula, technique, or other confidential information not known to the public. It’s something that gives a...
View ArticleHow Commercial Lease Incentives Can Attract Tenants Post-COVID
The COVID-19 pandemic brought massive changes to so many parts of our society, including the commercial property industry. Many small businesses have suffered significant losses in the past few years,...
View ArticleSpendthrift Trusts vs. Discretionary Trusts
Trusts are among the most common and useful estate planning tools available, whether your goal is asset protection, caring for loved ones, or both. A key reason to establish a trust is to protect your...
View ArticleJoint Ventures vs. Strategic Partnerships: Which is Right for Me?
Businesses thrive on solid relationships. But there are times when multiple businesses opt to join forces for their mutual benefit. These partnerships can be immensely valuable for all involved, but...
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