Since our firm receives so many calls about the benefits of incorporation, we are starting a series on Business Formation. How to decide whether to incorporate is the first installment. A future article will address seven powerful reasons to incorporate. The right business structure can save you money and protect your personal assets When you… Continue reading How to decide whether to incorporate
Buying a restaurant: Should you purchase the stock or the assets?
Are you thinking about buying a restaurant or any other business? Your first major issue is to decide exactly what you are buying. Consider the following example. “Tony” started a neighborhood Italian restaurant in Seattle over twenty years ago. His Seattle business lawyer helped him incorporate the business as “A Little Taste of Italy Inc.”… Continue reading Buying a restaurant: Should you purchase the stock or the assets?
Planning for the sale of a business
Selling your business and reaping the rewards of years of hard work is the dream of every business owner. You need the right team behind you. Selling a business is different than buying one. Sellers and Buyers look at the transaction in opposite terms. The documents you used when buying your business can be useless… Continue reading Planning for the sale of a business
Estate planning: Top 5 advantages to having a will
Planning an estate is a very personal and individual matter. When you’re planning your will, you should think about the following issues: Who should be named as personal representative of your will? Who should receive property, and in what amounts? Are there any organizations, such as schools or charities, that you want to remember? Are… Continue reading Estate planning: Top 5 advantages to having a will
Estate planning: More than a will
Besides preparing a will, there are some other things that people find useful in planning their estates. An attorney can discuss and help implement these types of estate planning ideas with you. 1. Durable Power of Attorney If you become disabled or incompetent, your family may need to go to court to have a guardian… Continue reading Estate planning: More than a will
Protect your business with a routine “legal checkup”
You visit your doctor every year or two for a checkup, even if you are not sick. You bring your car to a repair shop for a tune-up or oil change, even if it is performing fine. Preventive law means being proactive and contacting your attorney on a routine basis, every year or two, rather… Continue reading Protect your business with a routine “legal checkup”