Many couples see no reason to get a prenuptial agreement when they marry. They may be starting out with very little in the way of assets, so it may seem silly to draw up a contract determining who will get what if they divorce. They may also believe – or want to...
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Planning an estate that you know will be surprising
On Behalf of Cushing & Dolan, P.C. | Apr 27, 2021 | Estate Planning
Most families have certain expectations about inheritances. However, when all is said and done, the only person who has the right to determine beneficiaries is the person planning their estate. So, even though your siblings, cousins or children have the assumption...
How to talk to your business partner about a prenuptial agreement
On Behalf of Cushing & Dolan, P.C. | Apr 27, 2021 | Business Law
When you and your business partner first started out, neither of you had much time or energy for anything but your fledgling company, including romance. Things have changed since then, and your business partner has found the person they hope to make their mate -- but...
Without time to consider it, a prenup may be invalid
On Behalf of Cushing & Dolan, P.C. | Apr 13, 2021 | Prenuptial Agreements
You know that a prenup can be invalid if it’s forged or if it contains illegal provisions, along with many other potential issues. You’re very careful to get all of the details right. You want this to hold up if you get divorced, rather than having it thrown out due...
Revising your estate plan as you remarry can prevent family conflict now and later
On Behalf of Cushing & Dolan, P.C. | Apr 1, 2021 | Estate Planning
If you’re tying the knot for a second time and have children from your first marriage, then you can’t expect everything to be as rosy as it was on The Brady Bunch. Even if your kids are grown and don’t spend much time with your new partner, they may resent them...
Understanding the difference between springing and durable powers of attorney
On Behalf of Cushing & Dolan, P.C. | Mar 16, 2021 | Powers Of Attorney
As part of your estate planning, you’ll likely select one or more people to have powers of attorney (POAs) over important aspects of your life – usually, if and only if you become unable to care and/or speak for yourself. For example, you may give your medical POA to...
Steps to take to reasonably protect your company’s trade secrets
| Mar 3, 2021 | Business Law
Many companies have trade secrets or other proprietary information that they want to protect. A company's leadership may have employees sign contracts, including nondisclosure or non-compete documents. Companies do this to protect their valuable assets from ending up...
One engagement tip to protect your marriage from the 7-year itch
On Behalf of Cushing & Dolan, P.C. | Mar 1, 2021 | Prenuptial Agreements
The idea of the seven-year itch has been around for decades. The premise is that people become dissatisfied with a relationship after about seven years. They may start looking for a new partner or considering ending a long-term relationship with no major reason to do...
Planning for your company’s future with a buy/sell agreement
On Behalf of Cushing & Dolan, P.C. | Feb 16, 2021 | Business Law
If you own a business with a partner, you may find yourself wondering what happens if they leave the business -- or, though you hope it will never occur, you may be wondering what happens if they pass away. You need some sort of plan for the future. You need the...
Don’t have many assets? You might still benefit from a trust
On Behalf of Cushing & Dolan, P.C. | Feb 12, 2021 | Estate Administration & Probate
While plenty of people feel like trusts are only for the wealthiest people and couples in the U.S., the truth is that trusts are beneficial to individuals from all walks of life. Trusts can be used to help pass down assets, could hold life insurance benefits after you...
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