Thinking about death, uncomfortable as it may be, is an important part of life. Doing so can allow a person to make plans that can protect and provide for his or her loved ones. Estate planning, however, can also be relevant prior to a person’s death. With a few helpful estate planning tips, a person […]
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There was a time when anyone interested in financing, running, or merely being employed in the life sciences had to go to the Boston or San Francisco area. Those regions had the ideal combination of educational institutions with strong research departments, easy access to capital sources, and large life sciences talent pools. But in recent […]
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Indemnification clauses protect people and entities from liability if an individual or property sustains harm during an arrangement because of the careless actions of a third party. An indemnification clause contractually obligates the named party to cover damages and compensate the injured party for losses that could occur in the future while the structure exists. […]
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The life sciences industry consists of various types of companies that often promote health and wellness.  This list includes: biotech companies, pharmaceutical companies, medical device manufacturers, and genomics companies. Burgeoning start-up companies often do not have the capital necessary to purchase commercial real estate. Therefore, the life sciences industry and property leasing often go hand […]
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Companies that need large spaces to run their businesses often end up leasing industrial property as it is expensive to buy outright. A business may not have the necessary credit or collateral for a loan, or it may not want the commitment of purchasing, so often leasing is the natural solution. Leases are usually complicated […]
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Partnership Advantages and Disadvantages Partnerships are a standard business structure where two or more individuals come together to run a business. While partnerships can offer several benefits, there are also potential drawbacks to consider before entering this type of legal and financial arrangement. By understanding partnership advantages and disadvantages, you can decide whether this type […]
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The valuation process for many assets, including a home, bank accounts, and cars, is relatively simple. However, hard-to-value or unique assets are more complex, such as determining the appraised value of a sole proprietorship company, collectibles, or alternative investments. There are conventional valuation procedures for general assets, such as cost and market value methods. Unique […]
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Corporate governance documents are much more important than many new businesses realize. Down the road, insufficient or inaccurate legal documents can lead to costly legal challenges that have the potential to be incredibly damaging to a business. It is important to understand that a legal professional experienced with such matters can offer helpful guidance and […]
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As technology continues to advance, it makes sense that estate planning does as well. Today, not only do we have to worry about what will happen to our homes, personal collections, and other types of assets when we pass away, but we also have to consider our digital assets. Yet, many people fail to recognize […]
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A gun trust is similar to other estate trusts set up to protect assets and to smooth the transfer of property upon death. The grantor establishes a gun trust to hold the title of firearms. Gun trusts are legal instruments essential to estate planning for many enthusiasts of NFA-regulated firearms. When a person buys, possesses, […]
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Businesses of all sizes and in all industries engage in transactions and legal matters on a daily basis. These may be major transactions, such as mergers or acquisitions, or more minor business dealings, such as negotiating contracts with suppliers. Transactional lawyers help businesses achieve their goals by providing legal services and advice related to business […]
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Your estate plan is a primary component of your legacy that you count on to honor – and in some cases, continue supporting – your loved ones, family members, and the causes that are important to you. As such, asset protection strategies are paramount to ensuring that your entrepreneurial wealth is maximized in accordance with […]
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