Can you get out of a contract?

What happens if you’ve signed a contract for your small business that you probably shouldn’t have? Or if the circumstances have changed and are you are being asked to perform tasks that you didn’t agree to or are grossly unfair? Is there any way to get out of a contract? Review the Contract The first.. read more →

I’ve moved to a new state…should I review my estate plan?

Yes! If you’ve moved to a new state and are all settled in, there are some financial aspects of your move you need to take care of. Moving is a good excuse to consult an attorney to make sure your estate plan in general is up to date. Will, trusts, powers of attorney and health.. read more →

Succession Planning for Businesses

For business owners, figuring out how to pass a business on to heirs can be a tricky business. We’ve all heard stories about business owners who failed to plan and the family ends up embroiled in endless court battles for control of the company. Let’s look at a hypothetical situation to see some problems that.. read more →

To sue or not to sue, that is the question.

As a business owner, before you sue someone, you need to figure out what you are trying to accomplish. For instance, is this a one-time situation that is unlikely to be repeated? Will your lawsuit discourage others from doing the same thing? Or is this a larger moral issue where your lawsuit will affect others.. read more →

Will My Kids Blow Our IRA or 401k?

Probably. Your kids will receive a call from the IRA plan custodian who will offer them the option of getting a lump sum check or perhaps opening an inherited IRA. Guess what? The will probably take the lump sum. The will also probably burn through it in less than a year. Then they will find.. read more →

Estate Planning for a Special Needs Child

Estate planning for your future can be tricky enough. It becomes even more difficult when you need to plan for a special needs child who may need a lot more care than a normal child. If something happens to you — chronic illness, catastrophic injury or even death — what will happen to your special.. read more →

Finally Dumped Your Ex? It’s Time to Update Your Estate Plan!

The relationship is over, the papers are signed, but you are not quite done. At this point it is time to update your estate plan to reflect your changed life circumstances — even more so if you are contemplating another relationship. A new marriage can open up wonderful new opportunities, but it also comes with.. read more →

10 Tips for Getting Your Business Ready for Sale

If you are thinking of selling your small business you’ve got some work ahead of you. A little hard work now, with the help of a small business lawyer, can save you from plenty of trouble later on. Tip #1: Decide why you are selling Buyers nearly always want to know why you are selling.. read more →

Forming a Business: LLC vs. S Corp

One of the first questions facing you as a small business owner is to decide what type of entity you want to create — stay as a sole proprietor or form an LLC or a corporation. Once you have done that the question is whether to file with the IRS as an S corp. For.. read more →

6 Legal Blunders to Avoid in Business Agreements

A client recently called and asked to have a legal agreement reviewed before signing it. Excellent! However, the client confused “reading” an agreement with “understanding the legal effect” of the words in the agreement. The client stated he “did not see any red flags.” Well, they were there; the client just did not understand what.. read more →