Co-Signing Liability
On occasion, you or someone you know might be asked to co-sign a financial obligation for the purchase of a car or a house or the lease of an apartment…
Securities Laws Exposure for Business Financing
Finding a source of capital for a new or existing business is often a challenge. Consider the following scenario: Diana has a great idea for a new business and she…
Fractional Ownership of Family Property
In most families, the parents dream of leaving a legacy to their children. Of course, the parents want to create a legacy in terms of intrinsic family values and ethics…
Non-Compete Agreements
Several years ago, this author previously wrote a piece for the Journal of Business on non-compete agreements. Much has changed since that article and it’s time for employers to reconsider…
The Side Job and Choice of Entity Planning
“Corporation, n. an ingenious device for obtaining individual profit without individual responsibility.” Ambrose Bierce, the Unabridged Devil’s Dictionary. Regrettably, Limited Liability Companies (LLCs) were not included in Ambrose Bierce’s popular…
The Multi-Pronged Approach to Paying for Your Child’s Education
As higher education costs continue to rise, it’s important to consider how best to fund your child’s or grandchild’s education. I propose a multi-pronged approach to utilize tax-advantaged 529 plans,…
Family Car Doctrine of Liability
From time to time, it is important to take stock of our own personal liability exposure and find ways to mitigate that liability. Liability exposure can creep into our lives…
business woman is passing document to manager
Contract Law – Offer, Acceptance, and Consideration
What are the components of an enforceable contract? In other words, if you or your business makes an agreement with another person or entity, what makes the agreement enforceable? Let’s…
Protecting Your Address is Possible, But Complicated
In the world of property privacy planning, it would be nice if a single solution existed to protect a person and his or her assets from the preying eyes of…
DIY Wills and The Importance of Wills for The Young Family
Young families need wills. But, the legal profession has an admitted problem—the use of attorneys is expensive and can also be time consuming. It is also one of the many…
