2 Terrible Things That May Happen If A Business Owner Dies Without A Will

Posted on

By making out a will, you will be, indeed, standing up for your own free will. A final will and testament gives you the power to say how your business may be run and how material things will be distributed in the event of your death. It also states things like who will have custody of any children you have who are under the age of 18. If you don’t have a will, it can wreak havoc for your loved ones, and they can be left out in the cold without the things you would want them to have.…

Read More »

Taking A Look At The Biggest Mistakes Inventors Make When Filing A Patent Without An Attorney

Posted on

You have your new product developed and ready to go, so filing your patent is your next steps as an inventor. While there is nothing saying that you have to hire a patent attorney before you file for a patent on your new invention, in a lot of cases, it will be in your best interest to do so. Filing for a patent can turn out to be a much more complicated process than many inventors realize.…

Read More »

Wondering How To Pass Your Business To Your Children? How To Plan

Posted on

If have grown your family business and your children are at an age where they can work for you, and that they are interested in taking over the business, you’ll have to start figuring out how you want to do your succession. Sitting down with a legal professional can help you determine how to sort things out. Here are a few things you want to ask your lawyer about. Gift or Sell Shares…

Read More »

Understanding Holographic Will Basics

Posted on

While most wills are written by an attorney and then signed in front of witnesses, that isn’t the only option available to you. In fact, many states allow for what’s known as a holographic will. It’s handwritten and signed only by you, the author. The holographic will is usually permitted as part of legacy laws from the time before computers became mainstream and most every will was jotted down at the kitchen table.…

Read More »