Category Archives: Business Law
Durable Powers Of Attorney & Estate Planning
Durable powers of attorney apply to managing both your financial/business and health/estate affairs. They allow you to appoint an agent to handle legal, health, and financial responsibilities. They can cover a number of important issues, such as whether that’s asset management, care preferences, medical professional details, retirement plan elections, insurance benefits; amongst others. They… Read More »
Where Business Formation & Estate Planning Overlap
Even the most successful of businesses can fail if key documents governing their future management have not been drafted and put in place. These documents include a last will and testament, financial power of attorney, living trust, and others. And yet 80 percent of entrepreneurs surveyed failed to have a financial power of attorney… Read More »
Tortious Interference in Florida
In the highly competitive Florida business world, companies are constantly doing everything in their power to gain an edge. While high levels of competition can create growth and drive our economy, this competitive spirit can lead to potentially illegal behavior and lines can be crossed. One of the most common occurrences of illegal business… Read More »
Understanding An LLC Operating Agreement
Business owners across the country have come to rely on the great security that a limited liability company (LLC) business structure provides. The hybrid structure of an LLC takes the ideology from both corporations and partnerships to provide business owners with a flexible management structure. LLC operators are able to protect themselves from certain… Read More »
Preparing To Sell Your Business
For many business owners, the culmination of a successful business career is the sale of their business to another individual. In fact, over 250,000 businesses are sold or go through a major ownership change on an annual basis in the United States. The time and attention to detail associated with planning and executing can… Read More »
Congress Votes on Bankruptcy Reform For Banks
Recently the United States House of Representatives voted to approve new legislation on bankruptcy code for banks across the country. Officially known as the Financial Institution Bankruptcy Act of 2017 (FIBA), the legislation is designed to avoid taxpayer bailouts and financial crisis in the event that a bank fails. Supporters of the legislation believe… Read More »
How Should You Structure Your New Business
The prospect of starting a new business can be exhilarating, and the idea of creating something successful is often a great joy in an individual’s life. However, it is important to ensure you are considering the various legal implications during the business formation process. Unfortunately, the process is often complex and a mistake can… Read More »