Your estate plan is likely to include a variety of what are referred to as “specific bequests.” A specific bequest is when you name a particular person to inherit a certain item, such as a piece of personal property. You may have made many specific bequests for tangible personal property items such...
Moving Your LLC to Pennsylvania
Have you moved to Pennsylvania after previously forming your LLC in a different state? If so, you are likely considering moving your LLC to Pennsylvania. How do you move your out of state LLC to Pennsylvania? Well, this can be accomplished through the domestication process.
Moving Your LLC to...
Enforceability of Non-Compete Agreements in Pennsylvania
Business owners know firsthand what it takes to build up, sustain, and grow a successful business. Among the many things that go into this, putting legal protections in place to shield the business from potential threats can be essential. This is why restrictive covenants, such as non-compete agreements, have become integrated...
How Does Guardianship Work in Pennsylvania?
When a guardianship is established, the appointed guardian has the legal responsibility to manage the affairs of an incapacitated individual. Through the guardianship process, the court can appoint a person, agency, or institution to act as guardian for a person deemed to be legally incapacitated. If someone you love has been...
Preparing for your Initial Estate Planning Attorney Meeting
You have decided it is time to begin estate planning. You have called a dedicated, local estate planning attorney and made an initial appointment. You have taken a valuable step towards putting critical legal protections in place that will safeguard and promote your wishes for a future you want for both...
Who Should Be Your Financial Agent Under a Durable Power of Attorney?
When you appoint a financial agent under a durable power of attorney, you are granting that person the authority to step into your shoes as they carry out important financial and legal tasks on your behalf. As such, it is important to fill this role with the right person. It is one...
Remember Your Car When Estate Planning
A big part of estate planning will be going through your assets and deciding not only who you want to get what, but how you want this transfer to occur. After a house, a person’s car is usually one of their more significant, tangible assets. As such, it can be a...
What are the Advantages of an Options Contract?
An options contract is a legal agreement and tool that is used between the contracting parties to facilitate a potential transaction. In this agreement, one party is given the right to purchase or sell an asset underlying the agreement at a price established at the time the contract is executed. The set...
Consequences of a Cyber Security Breach for your Business
If your business isn’t prioritizing cyber security, the time to start doing so is now. The staggering amount of personal data a business can store in the digital space requires protection to avoid your business ruining credibility with your customers as well as preventing the legal exposure that can ensue. While...
What’s Accomplished by a Pre-Incorporation Agreement?
Incorporating a business can be a complex process and corporate ownership is considered to be, in and of itself, a complex form of structuring a business and its ownership. In preparing to navigate the complexities of corporate ownership, there are certain things you can do on the front end to make...