With a shareholder agreement, the rights and responsibilities are set forth as is how the company will be set up and managed. With a well-drafted shareholder agreement, you can reap many benefits as you set forth the terms that will govern how your company is run and the roles your shareholders...
What are the Benefits of Preparing a Will?
Have you had estate planning on your to do list for a long time and somehow it keeps getting bumped by seemingly more pressing matters? Do you think about creating a will but have consistently put it off? Well, creating a will is not necessarily something a person looks forward to. It...
Key Considerations When Choosing a Trustee
So, you have decided to incorporate a trust into your estate plan. Great! Trusts can accomplish a number of important goals for your future and that of your loved ones. A big part of setting up your trust for success, however, is choosing the right trustee. Trustees, of course, play a...
Common Risks Small Businesses Can Face
Small business ownership is not for the faint of heart, to be sure. Those with the entrepreneurial spirit that start off on their small business ownership are confronted with a number of hurdles right from the start. Throughout your journal as a small business, you will continually come up against various...
How an Attorney Can Help Your Business in Contract Drafting
If you are a business owner, you are going to deal with contracts. This is unavoidable. You will need contracts for your employers, your vendors, your clients, and more on a range of issues. When properly executed, contracts are your friends. They can protect your interests and minimize liability exposure. Failure...
How to Choose the Right Guardian for Your Loved One with Disabilities
If you have a loved one with special needs, then you know better than anyone about the benefits and necessity of planning ahead. This should include selecting a guardian for your loved one with special needs. After all, not everyone will be best suited to caring for a person with special needs....
Why New Parents Should Consider Setting Up an Estate Plan
Parents know, the kids come first in so many ways. We know this even before we hold our new babies in our arms. As parents, we work every day to provide for our children. This means to provide for them financially, emotionally, and in so many other ways. It’s true that a...
Steps to Forming a Successful Business Partnership
Forming a partnership can be advantageous in many ways. Joining with a partner means you get the benefit of their strengths and skills which may be different from your own. A partnership, however, is only as successful as the partnership relationship itself. Working with others can be challenging, so help set...
Understanding the Differences Between Revocable and Irrevocable Trusts
What Is the Difference Between a Revocable and Irrevocable Trust in Pittsburgh?
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When creating an estate plan in Pennsylvania, choosing the right type of trust is one of the most important decisions you’ll make. The key difference between revocable and irrevocable trusts is control: a revocable trust...
Mergers and Acquisitions: Legal Considerations and Best Practices
Mergers and acquisitions can be a great way to grow a business. The unifying of two companies, however, is legally and logistically complicated. There are complex agreements to put in place and hurdles in how best to structure the whole deal. In order to help ensure that you are integrating two...