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When planning the distribution of your estate, smaller, tangible personal property items can cause more difficulty than larger, even more valuable assets. Sentimental items can lead to family disputes and possibly litigation, which might rack up lega…
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Although Thanksgiving is a long-standing tradition, there might be a few things you still don’t know about the holiday. As you prepare to gather around with family and friends, let us leave you with some fun legal facts to share over the dinner tab…
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Did you know that in 2008, Congress declared the third week in October as National Estate Planning Awareness Week? Estate planning is a critical component of financial planning but is often overlooked or pushed off for “another day.” It has been…
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Small businesses in America represent over 99% of the country’s employers and nearly 50% of all private-sector jobs. Workers are not just cogs in a wheel, clocking in and out. They are critical to making businesses profitable and to the overall gro…
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While developing your estate plan, a best first step is to identify your online accounts. And that’s a perfect time to consider the security and storage of your passwords as well. Most people don’t have hard copies of account statements anymore b…
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Signing personal guarantees for business obligations is not uncommon for closely-held business owners. However, such guarantees put the personal assets of business owners at risk. If you are asked to sign a personal guaranty for your business, consid…
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Connecting with your clients and customers through social media helps level the playing field between small and large businesses. But how can all businesses avoid making disastrous mistakes on social media that may have legal consequences? Planning:…
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A trade secret is confidential information that is legally protected, used in a business, and gives your company a competitive edge. The most famous examples include the formula for Coca-Cola, Google’s search algorithm, and the New York Times’ sy…
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The reforms in the Tax Cuts and Jobs Act represent the most sweeping tax overhaul in 30 years. Here are some of the most important changes that may affect your business: Qualified Business Income Deduction. Many owners of pass-through businesses, suc…
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Your single vote can make a big difference. Did you know that during the last few years in the U.S., several races have been decided by a single vote or ended in a tie? 2017: A Virginia House of Delegates race ended in a tie out of more than 23,000 v…
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