Starting a new business is a bit of a gamble. A significant percentage of new companies fail within a few years. Entrepreneurs have a lot at risk, not the least of which is the choice to give up their current source of income and whatever resources they invest in a...
Year: 2023
3 terms tenants need to clarify when signing a commercial lease
Obtaining space for a business often means looking for a rental property. Retail shops, office spaces and even industrial facilities are often more accessible as rental options than as a purchase-based investment. Particularly when a business is new or expanding...
Can divorcing adults treat retirement funds as separate property?
Retirement accounts are not just financial resources. They are a source of personal stability and may help people feel more comfortable with the idea of leaving the workforce as they age. It can take years of savings to set aside sufficient capital to maintain a...
What’s the difference between holographic and attested wills?
A will is often the most important document in someone's estate plan. It serves the crucial role of explaining someone's wishes regarding their property and possibly also designating guardians to take care of their children. Someone's will outlines their last wishes...
3 questions to ask when legally structuring a business
Some people approach the entity formation process with the idea that there is one right business type given their proposed model, but the truth is that there are many different business forms that can work well for companies in different scenarios. Prospective...
What makes workers’ compensation medical coverage valuable?
Many people in high-risk professions in North Carolina have health insurance at least partially sponsored by their employer. They know that whatever happens to them or a member of their immediate family, they will have the coverage necessary to get treatment. Some...
Who may want to add powers of attorney to an estate plan?
Powers of Attorney are some of the most universally beneficial estate planning resources. People can use these valuable opportunities to name someone they trust to engage in certain actions on their behalf after some kind of personal emergency. There are many...
Tips for handling scheduling conflicts with a co-parent
Co-parenting is sometimes a challenging undertaking, but it’s one that usually allows children to thrive. If you and your ex are co-parenting, there are bound to be times when you can’t agree on certain matters. Scheduling conflicts can be particularly problematic....
Will student loans affect property division during a divorce?
Every divorcing couple in North Carolina needs to reach an agreement about property division matters or have a judge make those choices. If a divorce case goes to trial, a judge will apply the state's equitable distribution statute when dividing marital property and...
3 means of securing funding for your business concept
If you have an idea for a business, you are likely eager to turn it into a money-generating organization as quickly as possible. After all, if you have noticed a gap in the current market where there is demand but no services or product supply, other people will...