You and your friend have decided to form a partnership, and the two of you plan to share equally in the responsibilities of running your business. You’ve always dreamed about going into business together and now, you’re both ready to turn the dream into reality. ...
With every new hire, your company takes on new risk. Workers can harass one another, do such substandard work that it damages your company's reputation or leverage what they learn at your company to compete against you later. Your employees could make copies of your...
As you build your estate plan, you may consider using trusts. These are accounts that you can set up, and then you can use the assets in your estate to fund the account. After you pass away, the trustee takes over and distributes the money in accordance with the...
While no one wants to think about divorce when they are getting married, taking the time to sign a prenuptial agreement now can make all the difference down the road. One of the reasons why couples tend to skip signing a prenup is because they consider it to be an...
You started out with a dream and a shoestring budget, but you’ve successfully developed your small business into something profitable. Now, it may be time to move away from the sole proprietorship you have and create a more formal business structure. A limited...
You started a company a few years ago and it took off from the beginning. You identified a niche market and have been taking advantage of this. Your current staff is loyal and hard-working but it seems like your team is struggling to meet demands. When might it be...
As a business owner, you want to do anything you can to protect your business and your bottom line. One of the things you would like to have any new employee sign is a non-compete agreement. This agreement would prevent them from working with your major competitors,...
When you use a power of attorney, you're picking an agent. This is another individual that you are authorizing to make your decisions. The power of attorney does not start right away, but the document sets things up so that that person assumes responsibility for these...
Many people start the estate planning process simply by looking at their assets. Maybe they have family heirlooms, and they know they want to leave them to specific people, so they begin writing a will. Perhaps they have significant financial assets, so they set up a...
When you and your spouse are already married, trying to add new rules to your relationship might seem like it would be unacceptable. However, many couples do benefit from adding postnuptial agreements to their relationships and making sure that they have the...
