Legal insights and updates from our attorneys.
June 25, 2015
A partnership is simply a joint venture of two or more individuals conducting a business together for profit. Like the sole proprietorship, the partners are liable for the debts and liabilities of...
Read more →June 20, 2015
Medical science can keep a person alive almost indefinitely, even when their quality of life has severely deteriorated. For reasons both personal and financial, most opt out of prolonging life under...
Read more →June 20, 2015
A limited partnership (LTD) is a hybrid of a corporation and a partnership. The general partners manage the business on a day-to-day basis and are personally liable for the debts and liabilities of...
Read more →June 20, 2015
The Lien Recovery Fund is a great source of payment for subcontractors and suppliers of construction materials on residential property. It is also a great source for homeowners that are forced to...
Read more →June 18, 2015
Aging adults sometimes transfer their property outright to children in order to avoid using their life’s earnings on long-term medical care. My advice? Don’t do it. There are a myriad of pitfalls to...
Read more →June 17, 2015
Corporations can be involved and diverse. Nevertheless, there are some things all corporations have in common. For instance, at its core a corporation is an entity separate from any of the parties...
Read more →June 15, 2015
QUICK LOOK * Breach of Contract/Warranty – action must be brought within 6 years of completion or abandonment of construction, unless contract provides for a different period of time. * All other...
Read more →June 15, 2015
A hybrid of partnerships and corporations, an LLC provides limited liability for all of its “members.” This is true even as management of the company may remain the same as a general or limited...
Read more →June 15, 2015
Probate, simply put, is the process set up by the legislature and carried out by the court which provides for the transfer and management of the property of a deceased, incapacitated, or minor...
Read more →June 13, 2015
A trust is an entity (like a corporation) established to hold and manage property. It has its own separate existence apart from the grantor or creator of the trust. Trusts can be established during...
Read more →June 12, 2015
A will is simply a written directive to the probate court as to how property is to be distributed at death, who should be the personal representative (previously called an executor) to manage the...
Read more →June 10, 2015
Asset protection planning is like insurance. You can structure your affairs so that many of your assets are much more difficult to reach by potential creditors. Most asset protection planning...
Read more →June 10, 2015
Recruiting and Hiring Procedures For many employers the primary objective in the recruiting and hiring process is to generate a pool of qualified candidates from which the employer can then...
Read more →June 5, 2015
Adoption is the process of changing the legal parent of a child. The process usually involves petitioning the court for approval of the adoption, obtaining consent from all necessary parties,...
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