Safeguard Your
Assets
When you come up with a brilliant idea, product or design, you want to make sure that no one capitalizes on your sweat without your approval. This is where intellectual property rights come in. Intellectual property rights refer to the rights given to an individual or...
There are many different types of trusts that you can use in your estate planning, and one of these is known as an incentive trust. As the name implies, this is a trust that you set up to give incentives to your heirs to do (or not do) certain things. These are...
Owning a business can be an exciting way to support yourself and your family. While there are parts of running a business that can be challenging and stressful, your company gives you the ability to be your own boss as you provide for the future of your family. Part...
Getting an estate plan is the first step. Keeping it up to date, the second and often forgotten step. There are certain life events that trigger a need to review an estate plan and make sure it still meets your needs. Three examples include the following. #1: Change...
Trademarks provide intellectual property protection for the business or individual that holds the trademark. There are rules that guide what can and cannot get these protections and the protections only work when the holder decides to exercise their rights. Sometimes,...
The idea for your business may have developed over several years or been a sudden revelation. No matter how you started your company, many pieces set your business apart from your competition. As you get started, it can be easy to brush off the idea of protecting the...
Running a business can be difficult on your own. However, running it with a partner can also bring with it unique challenges. This can be especially true if you are unsure whether or not your partnership is working for you. Here are some things to keep in mind if you...
Trade secrets can hold immeasurable value for a business. Although immeasurable is accurate, there are situations when it is important to try to give a trade secret an economic value. A valuation is helpful for planning purposes and is also needed in the event of an...
A trust is a legal tool that can serve as part of an estate plan. This tool can serve many purposes, including asset protection. It is important to include specific provisions within the language of the trust to achieve this goal. One key to asset protection when...
The Kessler doctrine is an important part of patent litigation that has been around for more than a century. It provides a “limited trade right” that attaches to a product. A recent case questioning the application of this doctrine made its way to the Supreme Court,...