Legal Blog
Subscribe To Our Blog!
Legal Resources
What percentage of homeowners must approve changes to our covenants?
This content has been archived. It may no longer be relevantQ: Our community is attempting to amend our declaration of covenants, conditions and restrictions (CCRs). Our HOA’s community manager told us that under North Carolina General Statutes Chapter 55A (the North Carolina Nonprofit Corporation Act), if an HOA’s board of directors calls a meeting for…
Life Insurance and Divorce
Life Insurance and Divorce often go hand-in-hand with the many negotiations that take place in divorce proceedings, especially when there are minor children. Both parties will need to come to an agreement on whether life insurance needs to be maintained as a provision of the divorce. Once decided, there are steps you can take to ensure…
M & A Nuggets: Seller- Do Your Due Diligence
The main due diligence that is conducted in a business acquisition is the purchaser’s investigation of the seller’s assets, financial condition and other items. A seller, however, should also conduct due diligence with respect to its potential purchaser. The primary areas to conduct due diligence on your purchaser are the purchaser’s financial wherewithal to fund…
A Video Conversation with Rick Skidmore, CEO and Founder of Timberlane, Inc- Part 4- Safeguarding Company Culture
Click here for Part 1, Part 2, Part 3 Hand-crafted shutters adorning prominent buildings and homes throughout the U.S. Rick Skidmore is the CEO and founder of Timberlane Shutters. Since 1995, Timberlane has furnished its customers’ homes and business buildings with built-to-order, hand-crafted exterior shutters and hand-forged hardware. The company has created shutters for…
Read | Delete: How Brands Can Catch ‘Em All
Pokemon Go has already changed the way marketers and advertisers are thinking about young consumers. The augmented reality (AR) mobile game that has been responsible for crashing servers (and cars) all over the world is poised to alter the entire advertising landscape. Source: Adweek Got an interesting Fast Fact for a business audience?…
Medical Cannabis Attorney on AHA Business Radio
Every Tuesday from 6–7pm, Baltimore’s CBS Sports Radio airs AHA! Business Radio, a show produced by Allan Hirsh Advisors. Hosted by the eponymous Allan Hirsh, AHA! Business Radio offers expert advice to business leaders and features interviews with visionary regional executives, founders, entrepreneurs, innovators, and changemakers. AHA! Business Radio’s July 19, 2016 broadcast featured a…
The Weekly Scenario: Phantom Income
Question: What is phantom income and why is it a problem for creditors? Answer: For income tax purposes, many LPs and LLCs are considered a “pass through” entity. This means that the company is not taxed on its income, but all taxable income (or loss) passes through and is taxed to the underlying owners. Each…
Tech Training Helps Lawyers Meet Client Expectations
As published in ABA Journal Attorney Joe Armstrong says that a few years ago, a client asked him to join a Skype conference call. He accepted the meeting, and then realized in a panic that he had never made a Skype call. “At the time, I didn’t even have the application installed. I had to go…
Independent Contractors vs. Employees
One of the first decisions a business needs to make when it seeks to hire help is whether the individual being hired is an independent contractor or an employee. From the business’s perspective, there are several advantages to classifying the individual as an independent contractor. Among other benefits, businesses do not need to pay payroll…
Friday Factoid: I Will NOT Always Love the IRS
The Internal Revenue Service recently determined that the Estate of Whitney Houston understated the value of the deceased singer’s record royalties, rights of publicity rights and other intellectual property assets by more than 22 million dollars. The IRS then issued to the Estate of Whitney Houston an $11 million tax bill (which includes $3 million…
Skip to content