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Beware of the New Divorce Lawyer

Do you want a real estate attorney or a first-year attorney handling your divorce?  Would you let your dentist perform heart surgery on you?  Would you want a first-year heart surgeon doing the surgery?  The answers to all of these questions are likely “no.”

The economy has had a devastating impact to many areas of our society and the legal field has not been immune.  Many attorneys have seen a substantial decline in their area of practice.  For example, at the peak of the real estate boom, there were thousands of busy real estate attorneys conducting real estate closings.  However, in recent years, real estate closings are down significantly.  Many of these attorneys were either terminated from their firm or experienced a significant decrease in work.  In addition, many non-lawyers who lost their jobs in other fields went to law school.  These recent law school graduates are now entering the work force.

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Three Steps to Protect Your Business

Published by: Scott Spooner • On: 04-11-2012 • Under: General • Tagged: , ,

Imagine you have just been served with a lawsuit concerning a business issue and you find that you have been named personally in the lawsuit. Why were you sued when your company performed the work? After all, you formed a corporation to protect your personal assets. Unfortunately, if you fail to operate your company properly, a plaintiff can “pierce the corporate veil.” This means you may be personally responsible for the acts of your company. Now your house, your savings, and your future are at risk.

Now is a great time to review your corporate records to ensure that your business is legally up to date. Corporate paperwork, while sometimes time consuming to maintain and compile, is essential to the proper operation of your business. The records you keep will often protect you in the event that you are ever involved in a lawsuit. Paperwork often seems like an aggravating little detail that can always be put off, but the lack of properly maintained corporate records can be a potential disaster for your business and your personal financial assets. There are three items you should review in order to protect yourself.

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Changing Your Divorce Decree – An Informal Agreement Is Not Enough!

After a divorce, family situations can change: the children get older, jobs change, a former spouse relocates, or you or your ex-spouse remarries. Many of life’s twists and turns can result in the need for a change to your divorce decree.

Often the parties reach a mutual agreement on revising the terms of the divorce. For example, if one parent moves, the parents may agree to change their visitation arrangement. If there is an income change, the parents may agree to modify child support or other monetary obligations. In many situations, the former spouses reach a verbal agreement or even write up an agreement, but many fail to have their divorce decree changed by the Court. Saving a few dollars on an attorney now can result in expensive consequences later.

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