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Buy-Sell Agreements Effectively Plan for the Future

Business owners juggle many different job titles, but one unlikely occupation is fortune teller. That’s why buy-sell agreements are such invaluable documents for businesses that are owned by multiple parties or if a business owner has multiple heirs. Such agreements make provisions for when a business owner would like to retire or is no longer able to operate the business and determines how business assets and ownership of the business will be divided if a co-owner wants to leave the business or an owner should pass away or become disabled. Buy-sell agreements leave nothing to chance, ensuring that all parties, including descendants...

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Business Lease Agreements Are Not Without Potential Problems

A business lease agreement is one of the most important documents for a business owner to negotiate, given the long-term life of a company. While businesses of all sizes stand to suffer in the event of lease issues, large businesses especially have a lot to lose if they are on the wrong end of a business lease dispute. Business lease agreements help secure rental space for decades to come, so you can establish roots as a go-to supper club or provide financial security for bank customers who might then set up accounts for their children and grandchildren. Do I Need an Attorney...

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Business Contracts Cement Company Health and Wealth

When it comes to the success of your business—or failure, for that matter—contracts are everything. Because of that, business contract negotiations are vital when working with another company to benefit you both. Essentially, contract negotiations bring two sides to an agreement on a set of legally binding terms. Because both parties will be looking for the most favorable terms and to lessen financial and legal risk factors, having an experienced attorney to provide legal guidance is an excellent way to protect your interests. What Are the Risk Factors? Contract negotiation is a critical part of contract management, and delays in the execution of...

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Bankruptcy Attorney Can Assist When No Other Option Makes Sense

There are times—especially now, as COVID-19 outbreaks and their variants continue to ravage the nation—that cause businesses to close, work to slow, cost of living prices to rise, and bills to pile up. Financial problems mount and become so bad is feels as if they might swallow you up. While many companies are doing their best to work with customers in order to help them stay above water, tanking financial stability can be a difficult situation from which to overcome. Contacting the right bankruptcy attorney, such as the lawyers at Rowena N. Nelson LLC, can help guide you through financial problems,...

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Are You an LGBTQ Parent Involved in a Divorce? An Attorney Can Protect Your Rights

There was a time when some people were confused about their LGBTQ status, or worked hard to hide it, often getting married and having children in order to prevent anyone from knowing their truth. However, as times changed and generational shifts occurred, acceptance and understanding spread, and legal protections for members of the LGBTQ community were put into place. That acceptance allowed many of the people who were hiding their sexual identity to come out, a move that unfortunately leads to divorce. Before the cultural changes, most courts would have awarded children to the heterosexual parent automatically; today, family law ensures that...

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An Attorney Can Help You Resolve SBA Loan Debt

If your small business needs funding at some point, whether it’s to upgrade ovens and commercial-grade mixers for a bakery, or to cover the costs of moving to a location that you believe would be more lucrative for your establishment, a U.S. Small Business Administration (SBA) loan is often a good place to start. Many small business owners turn to SBA loans to help fund their venture, in some cases including for initial start-up costs. SBA loans are provided through private financial institutions, but are backed by the federal government through the SBA. SBA loans are secured loans designed to stimulate business...

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Starting a Business? A Business Attorney Can Be Your Best Asset

There are countless questions you might have when it comes to starting a business but having an experienced business attorney in your back pocket can help you avoid serious pitfalls that could derail your venture before it even gets off the ground. A business attorney can help you navigate problems that are common for business owners, helping to better ensure that your company is a success. It helps, however, to know what questions to ask. What questions should I ask my business attorney? During your initial consultation with a business attorney, there are certain questions you should consider in order to help you avoid...

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How to Avoid Conflict of Interest with Divorce Lawyers in Maryland

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A lawyer typically works in the best interest of his/her client. However, there can arise a situation of conflict of interest. Are you aware of what constitutes “conflict of interest”? Before you hire a lawyer and spill the beans to them, read this to know about conflict of interest, which can tilt the case in favor of the opposing party. ...

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Facing a Criminal Charge? Here Is Why You Must Hire a Criminal Attorney Right Now

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When you are being investigated on a criminal charge or you have been charged or arrested on one, you will immediately be notified about your right to remain silent. You will also be informed that you may contact your attorney. Many people who genuinely believe they are innocent at this crucial point of investigation do not consider it necessary to hire an attorney. ...

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