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...
Why You Should Have A Buy-Sell Agreement
A business partnership is often compared to a marriage You are working together to build a successful business and business relationship. There are moments when you are in sync and there are moments of discord and tension. Sometimes business partnerships go the distance and sometimes they dissolve. Much like prenuptial agreements set...
Have You Updated Your Estate Plan Lately?
Putting a comprehensive estate plan in place is important for everyone. While everyone’s estate plan may look different, it will likely include things like tools for distributing your assets when you die, such as a will or a trust. It will also likely include other important legal documents such as advanced...
Estate Planning Mistakes You Can Avoid
If you have made the decision to establish your estate plan, congratulations on taking an important step to protecting and promoting a future you want for yourself and your loved ones. The legal tools used in estate planning can play a critical role in furthering your goals and bringing you peace...
Proving a Material Breach of Contract
Are you struggling with a business contract partner who has failed to uphold their end of the agreement? At this point, you may want to just end the agreement altogether and go to court to collect your damages. It is only likely that this will happen, however, if there has been...
Creditor Claims During Estate Administration
Part of the estate administration process is taking steps to ensure that debts of the estate are verified and paid. That is why the creditor claims process is such an important part of probate. Let’s take a look at what this process looks like.
Creditor Claims During Estate...
Simplified Probate for Small Estates
Probate is a burden that falls on many after the death of a loved one. It can be a frustrating and time-consuming process. It can also be a costly one. Fortunately, there are many ways to plan your estate so that the bulk, if not all, of it avoids probate completely....