Adverse possession is a legal term used to describe how an occupant can gain legal title over property owned by someone else. In theory, a trespasser could enter the property uninvited, like it, and decide to move in. They may have made improvements to the land,...
Charitable trusts help create legacies
You can contribute to your favorite charity when building your estate plan. You can designate money or assets for donation in terms of your will, but there are other ways to ensure that charitable contributions reach their intended recipients. People often set up a...
Business partnership disputes are not unusual
Business partnerships are a lot like a marriage. Like marriage, certain areas of dispute commonly crop up at various points. Ideally, the partners find an amicable way to resolve the disagreement and reach a consensus. The best way to deal with disputes is to put an...
10 steps for successfully launching a business
An estimated 32.5 million businesses employed 46.8% of the private workforce in 2021. Moreover, a record 5.4 million businesses were launched in 2021, which represents a lot of people chasing their dreams during the great resignation and coming out of the pandemic...
Covid As A Defense To Commercial Collections (Revisited)
During the COVID emergency of 2020, many commercial borrowers and commercial tenants suffered loss of revenues and fell into arrears on their scheduled mortgage or rent payments. Business revenues fell either because the businesses were required to be closed by...
Can a pet be a beneficiary?
Pets are an essential part of many people's lives. They provide company and protection, and they can even motivate their humans to go out and get some exercise. For many of us, our pets are members of our family. It's generally recommended that older humans who live...
Tips for tenants negotiating a commercial real estate lease
A lease agreement may be the difference between success and failure. With so much riding on this agreement, it is essential for business owners to negotiate one that gives them the best chance for success. Owners and managers should read any contract they sign and...
Key considerations for a business contract
Handshakes often seal agreements, but any deal for goods and services should be in writing. Memories are often unreliable regarding details, and disputes can come down to a "he said, she said" duel. It can leave little accountability in the agreement, particularly...
Steps to take when launching a business
Opening up a business is an important moment for an entrepreneur, if not the realization of a longtime dream. Although lawyers do not typically prepare a business plan, we can review them to be sure that legal matters are properly addressed. We can also help you...
How does power of attorney work?
Many assume that an estate plan only involves drafting a will that determines who gets what. While a will is essential, there are other documents that form a complete plan and are extremely helpful to the individual (principal) and their family. Two of those legal...
