Legal Archives | SmallBizClub

Navigating The Legal Challenges Of A New Business

Charlotte Sylvester — Mon, 06 May 2024 19:51:48 +0000

Legal challenges are one of the issues that can throw your business off the right path. In the long term, it could mean that you struggle to keep your company operational. With that in mind, here are some of the best steps you should take if you are struggling with legal issues in your company. …

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The Cost of Hiring an Injury Attorney vs. Representing Yourself

Trevor Laibl — Fri, 26 Apr 2024 14:13:33 +0000

When faced with a legal issue, the decision of whether to hire an attorney or to represent yourself – also known as “pro se” representation – can have significant financial and legal consequences. The choice between these paths is not purely a cost issue; it encompasses the complexity of the legal system, the stakes of…

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Charting the Course: A Guide to Probate in Florida

SmallBizClub — Fri, 19 Jan 2024 13:10:23 +0000

Losing a loved one is never easy. Amidst the grief, the legalities of settling their estate can feel overwhelming, especially in a complex legal landscape like Florida. Imagine Carlos, a young architect in Miami, grappling with the sudden loss of his father, the vibrant patriarch of their family. Now facing the unfamiliar territory of probate,…

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New Fed Reporting Law for Corps. and LLCs Starts Jan. 1

SmallBizClub — Tue, 26 Dec 2023 16:11:04 +0000

Beginning January 1, 2024, new rules require some businesses to share ownership details with the U.S. government. This rule, called the Corporate Transparency Act (CTA), applies to companies filing reports with FinCEN, the Financial Crimes Enforcement Network. However, since the reporting form is not out yet, there’s no need to panic. FinCEN has simply shared…

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Limited Company Divorce Settlement: What You Need to Know

Paul Gordon — Wed, 29 Nov 2023 13:15:35 +0000

If you are thinking of splitting up or are already going through a divorce, if you have a limited company, it’s understandable to be concerned about its future and your own financial security. You may already know that financial assets are separated in a divorce settlement but you may be unclear on what can happen…

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7 Common Legal Pitfalls for Small Businesses

SmallBizClub — Wed, 22 Nov 2023 15:49:59 +0000

Legal issues can be distracting and expensive for business owners. Typically, legal pitfalls put most entrepreneurs in an awkward position, especially when you have zero legal background. If you make a mistake, it can have legal consequences for your business and possibly lead to financial losses. It’s important to understand some of the potential legal…

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Power of Attorney Can Help Secure Your Financial Future

SmallBizClub — Tue, 21 Nov 2023 05:07:48 +0000

Securing your financial future, whether during a period of ill health or at the end of your life, is absolutely essential. There are many ways that you can do so, and one such way is by implementing a durable power of attorney. A durable POA is a financial document used to secure your financial assets…

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