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Wear and Tear? Beware of Boilerplate Commercial Leases

Running a business takes time and money, and many business owners attempt to save by using boilerplate legal documents, such as off-the-shelf commercial leases. This ...

Elder Law Ethics: Meeting with Clients Alone

When an older adult wishes to update a will or make changes to other estate planning documents, it’s common for their adult child to accompany ...

Get the Federal Government as a Customer for Your Small Business

Any business owner would want the world’s largest buyer of goods and services as a customer. But when that customer is the federal government, getting ...

As Life Goes On, You’ll Want to Amend Your Living Trust

Estate Planning by Lifecycle If you establish your living trust in your 40s or 50s, you are still in the productive prime of your life, ...

What “Reasonable Steps” Must Small Businesses Take to Verify That Someone is an “Accredited Investor”?

For decades, small businesses seeking investors could avoid onerous and costly SEC registration requirements for their offerings by making them only available to “accredited investors” ...

Tax Distinctions Between LLCs v. S-Corporations

In our previous post, we discussed the fundamental differences between limited liability companies and S-Corporations. Those distinctions include the obligations of the entities and their ...

LLC v. S-Corp: Making the Right Entity Choice for Your New Business

The choice of business entity is arguably the most significant choice a new business has to make. It will establish the legal, tax, and equity ...

Crowdfunding to Launch Your Small Business: The Basics

You need a lot of things to launch your small business, not the least of which is capital. Back in the day (before 2012), publicly ...

Three Key Things You Need to Address in a Buy/Sell Agreement

As we discuss here, it is absolutely vital that small business owners plan ahead for the time when they can look back on all they’ve ...