Everyone must leave their business at some point. The wise business owner plans for this eventuality. In my practice, I have represented both sole business owners and joint business owners. Both types of ownership have very different interests and concerns. As in most matters I assist folks with in my law practice, the primary [...]
Are you a business owner with unpaid invoices or slow-paying clients? Cash flow is the lifeblood of all businesses. Your customers MUST “Show You the Money” promptly when you deliver your products or services. Unpaid invoices can be life-threatening. To avoid these challenges, explain your expectations clearly and upfront. Before agreeing to provide products [...]
Are you thinking about loaning money to your kids or grandkids? An aging parent? Or maybe to a friend or other family member? While the intent is to help, remember that mixing love and money can easily become a difficult situation if either party fails to meet the other’s expectations. Many such loans end [...]
I hope you all have had an enjoyable holiday and had time to relax with your family and friends. As you make your New Year’s resolutions, consider what will happen to you and your family if you are not able to make your own decisions, due to severe illness, dementia or other reason. Do [...]
The Christmas Season is the most joyous time of year in our country. We celebrate friendship, the blessings of family and the greatest gift of all. Thank God that we all still have the freedom to celebrate Christmas. Unfortunately, reports on the national news and social media have created an incorrect perception that we [...]
Minimize litigation risk with these common-sense tips. Nobody wants to get sued or to have to sue, but it can happen to anyone. It's natural to be afraid or nervous. Follow these common-sense tips to ease your mind and likely reduce your risk of excessive judgment. Accept Responsibility. If you are wrong, don’t cover [...]
Estate planning is the process of creating all the legal documents necessary to ensure your assets and your care are handled according to your wishes when you die or become incapacitated. Typical documents include a Will, Guardianship, Power of Attorney and Health Care Directive but may also include insurance and other financial planning documents [...]
Do you know the difference between a business venture and a business adventure? Both are risky, but adventures are bold and exciting! Starting a new business is one of the most exciting and challenging journeys one sets off on in a lifetime. In 28 years of practicing law, I’ve seen many individuals start business [...]
