In today’s digital age, more and more photos, letters, and financial accounts, which were once stored in drawers, file cabinets, and safes, are now often saved in the cloud or on hard drives. As a result, the importance of including digital assets in estate planning becomes apparent. Similar to our tangible...
How Start-Ups Can Protect their Intellectual Property
In the competitive world of start-up businesses, intellectual property (IP) plays an important role in securing a company's innovations, branding, and creative works. As start-ups strive to carve out their niche in the market, effective management and protection of IP assets become crucial for maintaining a competitive edge and promoting long-term growth...
Alternative Dispute Resolution (ADR) in Business: Mediation and Arbitration
Mediation and arbitration are two distinct methods of alternative dispute resolution that offer effective solutions in business and beyond traditional courtroom litigation. Both methods are valued for their efficiency, confidentiality, and ability to preserve relationships between the parties involved. Commercial contracts often include clauses specifying which method to use in the event...
How Can You Correct A Situation Where There Has Been A Breach of Fiduciary Duty?
A breach of fiduciary duty occurs when an individual who is in a fiduciary position acts in a way that violates their duty to act in the best interests of another party, usually a client or beneficiary. In the cases of a trustee managing a trust, or an executor managing an...
Why Unmarried Couples Should Have an Estate Plan
Couples who choose not to marry often share the same commitments as married partners, yet they don’t receive the same automatic protections under the law. Without careful planning, an unmarried partner may be left without rights to property, decision-making, or even financial support if the other partner passes away. Estate planning helps...
Steps for Crafting a Business Succession Plan
No company can thrive without capable leadership. When a key owner, executive, or shareholder retires, becomes ill, or passes away unexpectedly, the business can face serious disruption. Planning ahead helps protect your company’s future and ensures stability for employees, clients, and family members. At Jones, Gregg, Creehan & Gerace, we can help...
Exploring the Elements and Remedies in Contractual Disputes
Understanding the elements and remedies involved in contractual disputes is essential to navigate these disputes effectively. Legal advice is often sought to assess the situation and determine the most appropriate course of action. Jones, Gregg, Creehan and Gerace can help individuals and businesses struggling with contractual challenges in Pennsylvania.
How to Avoid Unfair Trade Practices in Your Business
The global marketplace has never been more competitive. As such, businesses cannot afford to run afoul of clear laws, regulations, and established ethical conduct if they want to maintain long-term success and have a positive public perception. Engaging in unfair trade practices, for instance, can not only harm a company’s reputation but...
How to Proceed if Your Business is Being Sued for Malpractice
Lawyers, doctors, and members of other professional associations may find themselves confronted with a malpractice suit at one point or another throughout their careers. These suits can be stressful for professionals and their businesses as a whole. With a lot on the line, it is critical that you understand the steps you...
What Having an Incapacity Plan Can Accomplish
Incapacity planning is a critical aspect of personal and financial well-being that gets overlooked all too often. It involves creating a comprehensive strategy to address the possibility of becoming mentally or physically incapacitated and being unable to make important decisions about your own life and asset management. While contemplating the possibility...