Creative And Effective Solutions For Legal Disputes
It may feel like you should limit your expenses right now, as the economy continues to struggle. Sure, a business succession plan would be nice to have, you might think, but surely you can wait until more favorable circumstances arise. The problem is, you could end up...
An end to the pandemic may be in sight. With vaccinations rolling out now, there is a chance we could reach a reasonably safe state in just a few months. Yet the promise of the vaccines hasn’t completely solidified. There have been slowdowns and setbacks. Many...
If a third party willfully and intentionally interfered with your contract and you suffered damages, you may have the right to file a lawsuit against the third party. This is called a “tortious interference” lawsuit. A tortious interference claim requires the...
The first two rounds of the Paycheck Protection Program were helpful to many companies, but there was evidence of fraud and other irregularities. Now, the Small Business Administration has announced a slightly more complex verification program for new applications. An...
According to a 2019 study by SCORE, most small business startups are funded by personal savings. When startup principles launched their companies, nearly half had $10,000 in the bank that they used to fund the endeavor. A quarter of those surveyed had $50,000 on hand....
It was a challenging year for businesses across the U.S., and it certainly seemed as if business startups would be down for the year. Indeed, new business filings dropped off by 30% after the lockdowns began in March. But by June, according to an analysis of federal...
If you make over $400,000 a year or have a sizeable estate, you may be worried that taxes could go up soon. Although it’s hard to say what Congress might do, increases in capital gains taxes and estate taxes, along with a reduction in the estate and gift tax...
What happens if you are injured in a car accident, but the at-fault driver doesn’t have enough insurance to cover your losses? Your own auto insurance policy pays -- to the limit of the policy. In Texas, a certain amount of uninsured/underinsured (UM/UIM) coverage is...
If you’re running a business during this pandemic, you’ve probably already had to pivot once or twice. You may have had to figure out how your employees could get the same work done from home. Or, you may have had to switch to an online model of sales. Perhaps you...
If you are planning to start a business with one or more others, you are probably deciding whether to set it up as a limited partnership or a limited liability company (LLC). Each has some advantages and disadvantages, but in most cases, we recommend the LLC option. A...
