Tag: property

One of important pieces of your estate plan is the"pour-over will."Yet, a lot of people don't understand what it is, what it does, or why it's required.First, what's a"pour-over will?"Simply put, It's a last will and testament that says that ifThere's an advantage that was left from your revocable living trust, then the lost advantage is to be placed ("poured over") into your revocable living trust so the missing asset will be transferred together with the other assets of your revocable living trust...

There are numerous legal considerations every entrepreneur must face when starting a new business, and raising startup capital is one that can be fraught with risk.Hiring a qualified securities attorney isn't a luxury; it is a requirement for businesses seeking to raise capital from third parties.Some of the key general considerations are:O Properly organizing the business as business entity under state law;O Ensuring the firm has issued sufficient authorized shares of stock of the same type that will be offered to investors;O Be sure that any existing and possible legal issues are solved before issuing stock to investors;O Have an experienced securities attorney analyze the federal securities laws, along with the securities laws of any state where stock may be provided to potential investors, to make sure the company and its investment offer complies with these laws;O Have your lawyer clarify in writing the potential personal liabilities of the organization's directors and officers if the company violates any federal or state securities laws in raising capital...