Blog - Page 33 of 37 - Lawan Law Group, PLLC

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Think You Are Too Young to Need An Estate Plan? Think Again

The pandemic has caused Americans to change their behavior in a number of different ways, and one of the most positive of these changes is related to estate planning. For the first time since the study’s inception, Caring.com’s 2021 Wills and Estate Planning Study found that young adults are now more likely to have an estate plan than middle-aged adults. Specifically, the study found that in 2020 only 16% of Americans aged 18 to 34 reported having a will or another estate planning document, but in 2021, that percentage rose by 10 points to 26%—a 63% increase in just one… View Post

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How to Protect Your Intellectual Property and Trade Secrets With Agreements (Non-Disclosure and Work for Hire Agreements)

The employment landscape has changed over the last few years and many small and mid-size companies today operate with outside help – contractors or freelancers who perform important tasks but who are not full-time employees on your payroll, or even third-party companies who consult on a new product or service. While companies that contract with these outside resources can gain access to top-tier talent without having to increase headcount, there can be pitfalls to this approach in terms of properly protecting company secrets and intellectual property assets. Here’s what you need to know before you bring on a new team… View Post

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Legal Advice When Settling Business Disputes

A large part of being a successful business owner is knowing how to consciously manage relationships and facilitate conflict when it arises in a healthy and productive way. When business owners and managers find themselves in a disagreement or misalignment of expectations, the potential costs are endless. For starters, the energetic drain from the conflict, possible loss of personnel, and of course your reputation as a trustworthy business. First and foremost, remember that conflict most often arises because an agreement or process was not properly handled at the start. It’s important as a business owner that at the beginning of… View Post

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Estate Planning Must Haves for Parents – Even If You Have Legal Documents

A comprehensive estate plan can protect the things that matter most. For many, this means their property and their family. Including provisions for the care of your children in your estate plan is essential for peace of mind. But many parents struggle with including such provisions as naming a legal guardian for their child in their plan. Indeed, even the fictional parents in the popular television sitcom Modern Family struggled with this issue in a recent episode. While Jay and his new and much younger wife Gloria agonized and argued about who they should name as a legal guardian for… View Post

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2021 Estate Planning Checkup: Is Your Estate Plan Up to Date?

Even if you put a totally solid estate plan in place, it can turn out to be worthless for the peopleyou love if it’s not regularly updated. Estate planning is not a one-and-done type of deal—your plan should continuously evolve alongwith your life circumstances and other changing conditions, such as your assets and the law. No matter who you are, your life will inevitably change: families change, laws change, assetschange, and goals change. In the absence of any major life events, we recommend reviewingyour estate plan annually to make sure its terms are up to date. Additionally, there are several… View Post