by Leslie Marenco | Aug 11, 2014 | Articles, Business/ Corporate Law, Intellectual Property
We are a nation of entrepreneurs, but we are also living in a litigious society, so if you are starting a new venture and there are other founders involved, a founder’s agreement (that would be an operating agreement for an LLC or a shareholder’s agreement for a...
by Leslie Marenco | Aug 11, 2014 | Articles, Asset Protection, Business Succession
Whether you are just starting a new business or have been running a business for years, there are four common legal mistakes that both novice and seasoned entrepreneurs make that can have a significant impact on the future viability of your company: Co-mingling of...
by Leslie Marenco | Aug 11, 2014 | Articles, Asset Protection, Business/ Corporate Law, Case Law
We attorneys LOVE LLCs and advised many of our clients to create LLCs to protect their assets inside the LLC from lawsuits by creditors against our clients individually. Prior to 2010 it was generally understood that if an LLC member was sued by an outside creditor...
by Leslie Marenco | Aug 11, 2014 | Articles, Estate Planning, IRAs / 401(k), Non-Probate Asset
Before Leonard Smith lost his battle with cancer in 2008, he worked with his financial advisors to make sure his children received the balance of his retirement funds when he died. He had remarried late in life, two months before his death in 2008, in fact. But it was...