Checklist Before Buying a Business
Checklist Before Buying a Business
If you are considering buying someone else’s business, there are many important legal and financial issues to consider. Research needs to be done regarding the financial health of the company, along with ensuring that all state or federal contracts are filed on time to ensure the legality of...
Special Needs Trust for a Child
Special Needs Trust for a Child
If you have a child who was born with mental or physical disabilities or a child who became disabled later in life and needs someone to manage his or her affairs, you have special and unique estate planning needs. Planning for your child’s financial future is important, and parents want to make...
What Does the Probate Process Entail?
What Does the Probate Process Entail?
If a deceased person created a last will and testament as part of an estate plan, the last will and testament will have to go through the probate process. The probate process a legal procedure done through a court that authenticates the last will and testament, locates and determines all...
Rights of Minority Shareholders in Small Companies
Rights of Minority Shareholders in Small Companies
Many small companies grow their business by selling shares of stock in the company. Oftentimes, as time goes on, the group of majority shareholders may attempt to remove the minority shareholders from the company. Perhaps there are different ideas about the direction of the...
Things to Know when Entering a Partnership and How to Avoid Future Partnership Disputes
Things to Know when Entering a Partnership and How to Avoid Future Partnership Disputes
All relationships can have problems, and that includes business relationships, as well. The goal of creating a business partnership is to combine resources and maximize strengths in order to grow a successful and profitable business. However,...
The Pros and Cons of Putting Rental Property in an LLC
The Pros and Cons of Putting Rental Property in an LLC
If you have rental properties or are considering purchasing rental properties, you may wonder whether or not to form a Limited Liability Company (LLC) to attempt to protect yourself and your assets. Unfortunately, the answer is not clear cut, and there are both pros and cons...
Estate Planning for Medical Professionals
Estate Planning for Medical Professionals
Every person should have an estate plan, however medical professionals have additional needs and considerations. Several options are available to protect your assets and to ensure that the practice you spent years building benefits your heirs when you pass away. Learning the different...
Jeffrey Epstein’s Last-Minute Will: Impact on Victims Looking to Collect From the Estate
Jeffrey Epstein’s Last-Minute Will: Impact on Victims Looking to Collect From the Estate
Unless you have not had to access to social media, a newspaper, or television in recent weeks, it is likely you have heard the name, Jeffrey Epstein. Epstein is now widely known for his alleged sexual assault of underage girls spanning a...
Key Elements in a Buy-Sell Agreement and Their Importance
Key Elements in a Buy-Sell Agreement and Their Importance Those individuals successful in business know that there is an advantage to forward-thinking. Being prepared for the future, unexpected challenges or a changing business climate all need to be in the forefront of a business owner’s mind. Preparation is a key element of any business. There...
The Dangers of Using Online Contract Forms
The Dangers of Using Online Contract FormsEverything is available at the click of a button via the internet. This includes free contract forms that are downloadable and can be used for various business transactions. These online contract forms might seem like a convenient, cost-effective tool to meet your business’s needs. You have probably heard...