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Contracts dictate what a business does, and most companies have to execute and enforce many different kinds of contracts. Only some businesses will be subject to government contracts, and these businesses often face unique concerns when compared with those who only...
Keeping your business in the family may be a goal that you have, and it is a good one. Being able to pass on your business could mean building a legacy and helping your family thrive for many generations to come. To make it possible to keep your family business in...
If your business is trying to get a government contract, you’re in an interesting position. You will likely have to bid for the contract, and you will need to understand how you’re going to be paid and when. The government has its own way of handling contracted work,...
When you’re dealing with a will, you may question when it could be invalidated (if ever). The truth is that wills can be invalidated in some cases, such as if there were errors made when it was created or if it’s believed that someone unduly influenced the decedent...
Whether you started a business or inherited it, running it successfully may be a big part of your personal identity. It probably consumes as much of your life and provides most if not all of your income. It can be so hard for people to separate themselves from the...
One of the most common estate planning mistakes is the failure to draft a will or other documents because you assume you have time in the future. Many well-intentioned people experience unfortunate circumstances because they or a loved one kept delaying the creation...
Every contract features an implied "good faith and fair dealing" covenant. That covenant serves as a mutual promise that each party will do their best in carrying out their responsibilities as per the agreement. This clause also serves as a commitment that each party...
The contracts that you sign with your employees, suppliers and clients clarify your relationship with those parties and help protect your business. While you may do everything in your power to uphold your contractual obligations to others, not everyone will be so...
If you are interested in developing a business partnership, it’s important that you know what to look for in a good partner. A business partner is invaluable if they’re the right person for the job, so choosing the right person does matter. Business partners are...
If you have a home that you’d like to protect in your estate plan, one of the things you should consider is setting up a trust. One of the reasons for setting up a trust is to make sure that your family doesn’t have to go through probate to have access to the property...
