For those that own their own businesses, it is likely that the business will need to enter into a commercial lease at some time during the life of the business. It is important to have a good understanding of what the issues are at the heart of any commercial relationship. Here is a partial list of some of the more pressing issues to consider:
Businesses often question how to compensate those that provide the business with services. Clients often wonder if they can treat particular workers as independent contractors rather than employees.
There are essentially four types of entity choices for businesses: sole proprietorship, partnership, limited liability company (LLC), and corporation.
Under the Affordable Care Act, federal government, state government, insurers, employers and individuals are all given roles to improve the availability, quality and affordability of health insurance coverage in the United States.
Many people believe that simply by incorporating a corporation or forming a limited liability company they will be entitled to exclusive use of the name.
It is that time of the year again-when we reflect on the year that was and look forward to new beginnings. We also resolve to be better people: help others, exercise more, eat better, stress less, save more are all popular. But what about your business?
Absent a prenuptial agreement to the contrary, everything accumulated during a marriage, with the exception of gifts from third parties, inheritances and personal injury awards, are considered marital property; title is not controlling. This includes all income from employment received during the marriage. Therefore, placing these monies into an account in your individual name will result in that account being considered marital property in the event of dissolution of the marriage.
In New York State, an action for divorce is started by filing a summons and complaint in the office of the county in which either party resides. The summons and complaint seek to alter the marital status of the parties and to have the Court determine appropriate ancillary relief, such as custody of and access to children, support for children, support for a spouse and the equitable distribution of property and debt.
The house is much too quiet. The last child has been dropped off at college and now you are finally free. Free to indulge in all the things you were putting off as part of your job as a full time parent. The laundry is now drastically reduced. The refrigerator doesn’t need to be replenished nearly as often as before. And you get your spouse all to yourself.
Prenuptial agreements used to be only for celebrities, but in the last few years they have become dramatically more common in the U.S., and now it’s quite ordinary for middle-class couples to ask for them.