Because intellectual property is so valuable to your business, protecting it with copyrights, patents and trademarks is essential. However, that will not necessarily prevent someone from using it. Another business may even use it without realizing it is infringement....
Year: 2020
Factors to consider before starting a business partnership
Starting a business is challenging, and some people think that bringing on a partner will ease the stress and work. Although a partnership can be an advantageous business decision, it may not always be the right choice. Before jumping into a shared business,...
What happens to my online accounts after my death?
Your estate plan may include a digital executor and instructions to carry out specific wishes for your online accounts. If they contain digital assets, such as downloadable songs or books, you may need to list them in your will or trust, along with a beneficiary....
Choosing the right formation for your business
To run a successful business, you need to establish a strong foundation for your company to grow. The right foundation starts with selecting a formation for your newest venture, which depends on a multitude of factors. Luckily, there are several business formations to...
How do wills and trusts compare?
As you create your estate plan, you do not necessarily have to choose between a will and a trust. Because they are different documents that accomplish different things, many people include both in their estate plans. However, in some situations, it is better to have...
Adding asset preservation to your estate plan
You work hard for the assets you have. Preparing a will can minimize probate costs and ensure the beneficiaries of your choice receive your assets according to your wishes. However, with a few more steps, you can take actions that allows you to enhance your estate...
Intestate succession in Pennsylvania
According to a 2016 poll, only about 40% of American adults have a will prepared. Americans without a will might assume that by not naming any beneficiaries directly, those closest to them at the time of their death will be allowed to to determine the distribution of...
What is the impact of zoning?
Zoning is something to consider when buying a property. It can have a variety of effects on your ownership and rights. According to Assessment Technologies, zoning has a large impact on the real estate market in several different ways. Regulating types of property One...
Making sure a commercial lease works in your favor
The search is on for a new office space for your business. Your company has grown, you have hired more employees and your current location has become too small. From a business perspective, that's a good problem to have. During your search, you stumbled across what...
What is a breach of contract?
As a business owner, you rely on relationships with others to remain open. Customers, workers and suppliers are all relevant to the success of your company, large or small. In some instances, you will have to enter into legally binding contracts. Whether it is for the...