An incentive compensation plan can be a great motivator for your employees. In fact, with the right plan in place, you can effectively encourage those desirable behaviors in your employees and fairly awards them recognition for their contributions. In order to not only help ensure that your incentive compensation plan is effective,...
What to Include in Your LLC Operating Agreement
An LLC operating agreement establishes how a limited liability company will be owned, managed, and operated. While Pennsylvania law does not require every LLC to maintain a written operating agreement, having one can help clarify expectations, prevent disputes, and provide guidance when important business decisions arise.
For Pittsburgh...
What Happens When a Person Dies Without a Will?
Dying without a will is referred to as dying “intestate.” As such, a state’s intestacy laws will apply in the event that a person dies without a valid will in place. Pennsylvania’s intestate succession laws come into play to direct where a deceased person’s assets should go in the event that...
Guardianships in Pennsylvania
At some point, a loved one may become incapacitated due to injury, illness, or simply old age. Regardless, it could leave them unable to make critical medical or financial decisions for themselves. Without a legally designated decision-maker, their well-being could be put in serious jeopardy. In such a situation, a Pennsylvania guardianship...
What to Know About Will Contests
In the event that a decedent has a valid will in place, the will proceeds through the probate process and, eventually, the assets of the estate are distributed to the beneficiaries according to the terms of the will. Sometimes, however, the validity of a will is questioned. In this case, a person...
What is Business Law?
What exactly is business law? This is a great question and the answer may actually bring some surprises to many. That is because the breadth and variety of issues handled in the business law realm are more expansive than most people may realize. Sure, we business law attorneys deal with business...
Common Types of Business Disputes
Those in the business world are usually no strangers to disputes popping up. Those entering the business world are likely to confront the same challenges. Regardless of your business type, the industry you are in, or the size of your business, it is all too likely that, at one point or another,...
How Do You Dissolve a Corporation?
When you establish a corporation, it will technically have an indefinite lifespan. A corporation will exist unless affirmative steps are taken to dissolve it. Instead of leaving your corporation in legal limbo, if you want to end it, then take the steps necessary to dissolve it. Here’s how this can be...
Start-Up Challenges and How You Can Beat Them
Starting your own business is an exciting endeavor. The thought of building something from the ground up that you have invested your time, ideas, and resources into can be like nothing else. Of course, those setting out on the start-up entrepreneurial endeavor will face challenges. It is a hard road to...
Ways You Can Organize Your Assets for the Benefit of Your Heirs
The death of a love one can leave a family struggling with some big emotions. Processing the loss can take time. It can take energy. It can require a lot of support. On top of all of this, there are the logistics to be addressed following a loved one’s death. Going through...