When someone owes your business money, it can be hard to get them to pay. Some people fall behind on their financial obligations through no fault of their own. Others willfully refuse to work on paying off their outstanding debts. If someone owes your company money...
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Year: 2021
What can make the probate process drag on?
Many beneficiaries and personal representatives aren't really aware of what the probate process entails when they're first thrust into it. They generally only learn this as things progress. While everyone usually hopes that the probate process will go quickly and...
Choosing more than one guardian is an option in your estate plan
If you have a child, then it’s a good idea to have a minor guardianship. This legal guardianship should be established to make sure that your child will have a guardian in the case that you can no longer care for them or pass away. Usually, in two-parent households,...
Ensure your business contracts contain certain valuable clauses
Those operating a successful business in Elizabethtown understand the value of well-drafted business contracts. With a solid business agreement, it is possible to avoid many legal issues before they ever have a chance to arise. In turn, your business proceedings flow...
A business succession plan is crucial to good estate planning
You might be feeling a sense of relief after completing your will, powers of attorney, advanced life directives and other instruments of estate planning. However, if you are the owner of a company or small business, you will be remiss in your duties without first...
Should you build a noncompete agreement into your employment contracts?
You’re a business owner who wants to be fair to your employees. Something that you’ve been looking into is how long you should ask them not to work for competing companies following their termination or choice to leave your company. You don’t want to overburden them,...
The Kentucky probate process explained in easy terms
The word probate strikes dread into the hearts of most people that have recently lost a loved one. The process is usually time-consuming, emotionally stressful for the bereaved, and comes with costly probate fees. As a result, most Elizabethtown, KY residents try to...
Why do clients fail to pay?
Few things are as frustrating as providing a product or a service to a client who promises to pay and then finding that they are never going to make good on that promise. Even if you took a down payment at the beginning to protect yourself, they may not pay the...
Estate planning during pregnancy
Pregnancy is a magical time for you and your partner. You can enjoy the anticipation of meeting your newborn child, and prepare for an exciting future. However, you'll also likely have some fears about the future along with hope and excitement. You may start to find...
Why should you have a trust in addition to a will?
If you want to keep your estate planning simple, you might be considering just having a will. You’re familiar with trusts, but you think they’re only for very wealthy people or those with complicated family situations. Why spend the time and money creating a trust?...