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One of the most challenging aspects of estate planning is devising a plan for the owner of a family owned business. A family owned business is usually the most significant asset of the owner’s estate. The owner and other family members are often very dependent upon the business financially. As the owners age and younger […]

Marked by fewer regulations and a notable lack of bureaucracy, and with the Delaware Corporation Law being considered throughout the U.S. among the most attractive for organisation purposes, it is a valuable jurisdiction in which to organise new companies. Many of the nation’s leading corporations are incorporated in Delaware even though their operational headquarters are […]

CLASS ACTION STATUS – A MAJOR BENEFIT TO WORKERS AND CONSUMERS Class actions work well to attack group industrial injuries, illegal employer practices, widespread sexual harassment, defective products, and aircraft accidents. Courts grant class action status where a number of persons are harmed by the same illegal action or product. There are two major benefits […]

If you are in business long enough, you will be stiffed by a deadbeat. The resulting bad debt may or may not be a tax-deductible item. Read on. (The full rule is in the tax code and regulations, IRC § 166, Reg. 1.166.) Business Bad Debt Rules Let’s get the bad news out of the […]

If you have invented a new product or service, and need legal help or advice, email our invention legal and business counselors today. Click “Ask Our Lawyers” above. Dictionary: Invention The act or process of inventing: used a technique of her own invention. A new device, method, or process developed from study and experimentation: the […]

Almost every type of dispute that can be litigated can also be handled by alternative dispute resolution methods. See below the Alternative Dispute Resolution resources which are available to you. American Arbitration Association Customer Service 335 Madison Avenue, Floor 10 New York, New York 10017-4605 Toll Free: 1-800-778-7879 Fax: 212-716-5907 Email: Websitemail@adr.org Web: http://www.adr.org American […]