2013Jul
0

10 MOST COMMON ESTATE PLANNING MISTAKES

Estate planning seems so simple. It can be deceptive, though. Here are ten mistakes people commonly make that can cause chaos for your family later. These are not in any particular order of importance. Mistake #1: Believing Your Estate Is Too Small. Estate planning does not depend on how much you have. It is about…

2013Mar
0

TOP 10 EMPLOYEE HANDBOOK MISTAKES

1.  Not Having Your Handbook Reviewed by a Lawyer You’re smart. You know your business. You may even be a lawyer. But as the saying goes, “A doctor is his own worse patient,” so get objective eyes to take a look at your employee handbook. It is very easy for people to misunderstand or misinterpret…

2013Feb
0

CHECKLIST FOR YOUR START-UP BUSINESS

So, you have decided to start a new business.  The following is a general checklist of steps to take to set-up your business.  Depending on the particular type of business, additional steps may be required. 1.    Prepare a Written Business Plan.  Define the type of product and/or service you plan to provide.  Set forth the…

2013Jan
0

FIVE REASONS YOU NEED A WRITTEN CONTRACT

” A verbal contract isn’t worth the paper it’s printed on.”  — Sam Goldwyn Often clients tell us that they have reached a deal, shaken hands, and are ready to do business with a business associate.  While this may have been acceptable back when our grandfathers were in business, society has grown too large and…

2012Nov
0

PAYING EMPLOYEES FOR WEATHER RELATED ABSENCES

The rules which apply to whether or not you have to pay your employees for whether related absences depends on whether they are considered exempt or non-exempt employees. Most employees are considered non-exempt under the federal Labor Standards Act (FLSA) and are covered by the FLSA’s minimum wage and overtime pay provisions. Non-exempt employees generally…

2012Oct
0

SELLING A BUSINESS – THE LEGAL ISSUES

Are you thinking of selling your business? Beyond determining an acceptable selling price, there are quite a few legal issues that need to be considered. The first issue that you should consider is whether to sell the assets of the business (both tangible and intangible) or the shares of the corporation (if incorporated) that operates…