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Estate planning is necessary for everyone. It ensures your assets are managed based on your wishes after you pass away. However, many people make mistakes that can lead to unnecessary complications and financial losses. Here are some common estate planning mistakes...
The importance of estate planning is often overlooked. It can be seen as something that is only necessary for elderly individuals or those who are seriously ill. For these reasons, it is estimated that over half of all eligible Americans have no estate plan in place....
The estate planning process is one that’s often complex, but it’s a critical task for you and all adults. One of the most important parts of estate planning is ensuring that the assets you have are passed down to your beneficiaries based on your wishes. Your estate...
It can take years of research and development to create a new product or improve on existing manufacturing processes. Companies that invest in research and development or that purchase concepts from outside parties often need to take action to formally protect their...
If you’re starting a small business, you’re going to face some challenges right out of the gate. Fortunately, you can plan for some of these things in advance and take proper steps to address them. This is why it’s so important to draft a business plan, – and a...
When it comes to business-to-business (B2B) transactions, contracts can act as the cornerstones of trust and collaboration. They generally outline expectations, define deliverables and provide a safety net of legal protections in case things go awry. But even the most...
If you are considering teaming up with a friend or relative as business partners, it’s important to understand the potential downsides of this business structure before going ahead. It can help you avoid a lot of unexpected trouble, down the line. Sharing certain...
In many cases, a contract breach happens at a specific time. Maybe a parts supplier is supposed to make a delivery at noon on Friday. But when that time rolls around, they don’t show up for the shipment, costing your business a lot of money in lost productivity. An...
Protecting your brand identity is paramount in the fiercely competitive landscape of modern business. Your logo is more than just a graphic; it's a symbol of your company's values, reputation and trustworthiness. So, what happens when another company steals your logo?...
Businesses with more complex structures, like corporations, are technically their own legal entities. The federal courts have repeatedly ruled that businesses largely have the same rights and protections as individuals. However, businesses do not exist independently...
