Law Blog
Life and Estate Planning for You and Your Parents
The death, disability and isolation caused by COVID-19 highlighted the need for parents and children to assess whether they have appropriate authority to care for the other’s financial and other needs if one is suffering from a medical disability or following their...
Business Liquidation
Once a business owner decides to liquidate his or her business for financial or other reasons, there are choices to be made as to the method of liquidation, including supervised liquidations: bankruptcy (Chapter 7), an assignment for the benefit of creditors (ABC) or...
Helping Elderly Parents with a Power of Attorney
As parents grow older and perhaps lose a spouse, children, other family members or even friends are often called on to help with financial and other decisions. In more drastic instances a legal guardian may have to be appointed by a Court, often causing unneeded...
Business Reorganization
In these financially troubled times many owners are confronted with the dire choice of saving their businesses or their personal assets. Saving a business can include a reorganization. Your business can reorganize with a bankruptcy (Chapter 11) or a creditor workout....
Offboarding and the Threat to Your Business
One of the greatest threats to your business’ electronic data is not closing the door when offboarding employees, contractors or third parties. Not terminating their access may expose your business to hacking, phishing, ransom attacks and other cyber threats. Your...
Distressed Business Owners Beware
While operating your business as a corporation or other authorized business entity provides owners, officers, directors, and employees with limited liability protection, once the business is suffering from financial distress or becomes insolvent, that protection is in...
Time to Check Your Employment Practices, Policies and Procedure
The start of the new year it is a great time to check your employment practices, policies and procedures, and some to look at include: Reassess your operating during COVID plan to see if it is up to date. Consider whether to require employee COVID-19 vaccination. Make...
Business Reorganization Versus Liquidation
When confronted with overwhelming financial difficulties, owners often consider whether it is better to reorganize or liquidate their business. In making that decision, owners have many factors to consider, including: Nature of the Economy. Is there a place for your...
