The concept of intellectual property confuses many people. Laws that allow people to own an idea or concept may seem strange on the surface. However, they serve an important purpose, as they incentivize innovation and creativity. Without intellectual property...
Month: June 2019
What are the steps to form an LLC?
If you are starting a small business in New York, you may want to consider forming a limited liability company. An LLC may provide unique benefits, including limiting your personal liability for business debts. The process to form an LLC in New York is fairly simple,...
Litigation and the future of your business
Business owners who are dealing with a lawsuit that is targeting their company may be worried about the case for many different reasons. They could have concerns about how the lawsuit will affect their finances, or they may fear that the case will bring unwanted...
Reviewing the benefits of special needs trusts
Creating a trust can be incredibly helpful, whether someone wants to gain peace of mind with the knowledge that their estate will be taken care of after they pass away or they want to ensure that those they love have assets that will help them tremendously in the...
Business litigation and health crises
When a business owner is facing litigation, they may be experiencing other hardships in their lives. For example, some may be struggling with a health crisis, which can make it even more difficult for them to focus on and deal with the lawsuit. From a cancer diagnosis...
Launching a business and the divorce process
The process of bringing a marriage to an end can be demanding for many reasons, especially for those who do not have very much free time or have concerns about the financial impact of divorce. For some entrepreneurs, approaching the end of their marriage can be very...
Tom Petty’s daughters and widow battle over control of trust
New York City residents may be reminded time and time again through advertisements, media and word of mouth exactly how important it is to see their estate planning while they still can. This emphasis may prompt the question of why estate planning is so important...