Legal Pitfalls for Business

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  Businesses face many pitfalls and challenges every day. Many small businesses are not prepared to meet some of these situations, resulting in lost time and resources. A few of these pitfalls are:   Insurance Workers’ Compensation Disaster Planning Taxes Security and Records Keeping Independent Contractor or Employee? Employer Liability for an Employee’s Bad Acts…

Trademarks

Posted on 1 CommentPosted in Legal

  A trademark is a brand name.  A trademark or service mark includes any word, name, symbol, device, or any combination, used or intended to be used to identify and distinguish the goods/services of one seller or provider from those of others, and to indicate the source of the goods/services.   COPYRIGHT vs. TRADEMARK vs. PATENT…

50 Types of Trusts

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  Trusts can be established for a wide variety of purposes, and some types of trusts have more than one name.  This issue provides brief descriptions of 50 trusts.  The use of trusts has increased during the last 30 years as taxpayers attempt to nurture and preserve financial wealth for their spouses, children, and grandchildren. …

Bankruptcy Law Changes

Posted on Leave a commentPosted in Debt, Legal

  It has long been suggested that struggling small businesses have little potential to reorganize by virtue of traditional Chapter 11, which was designed more for manufacturing giants than the local diner. Typically, attorney costs, large creditor leverage and the administrative drains on management overwhelm and ultimately doom a small business. Some of these concerns…