Looking for form an LLC? This type of business structure has become exceedingly popular in the past years because of its simplicity and flexibility. There are various reasons why millions of businesses in America choose to organize their business as LLCs every year. However, you should know that an LLC is a state-specific entity and […]
Learn how duress is applied in contract and criminal law, what elements are necessary to prove it, and how coercion differs.
If you are the owner of a business who does not know the difference between an employee and an independent contractor, you could be in trouble with the state and federal government. As a worker, how you are classified could have an effect on how the amount you are paid and the benefits to which […]
One of the most essential components of an agreement that you can enforce in court is consideration. A promise to paint your neighbor’s fence might be a friendly gesture comparable to a gift. If you add the fact that your promise to paint the fence was made in exchange for your neighbor’s promise to do […]
Most lawyers have stories they can tell about the extent to which clients go to avoid planning their estates or preparing last wills and testaments. Clients have been known to ask an attorney to prepare a will, but they offer one excuse after another to avoid going back to sign it. The simple truth is […]
If you are unable to make health care decisions, you can designate someone you trust to make those decisions for you. The procedures and the form you would use to accomplish this depend upon the laws in your state. Some states use a medical power of attorney while others use a health care proxy. Regardless […]
Assuming that you pay your rent on time and try to live the life of a model tenant, a letter from your landlord claiming that you owe rent might be alarming to you. Even more alarming might be the fact you cannot find a rent receipt for the month your landlord claims was not paid. […]
Whether you are heading off to college or moving out of your parents’ home to live on your own for the first time, the chances are that you will be sharing your living space with one or more roommates. Most shared living arrangements begin amicably, but disagreements and misunderstandings associated with living together can strain […]
A joint venture can offer two or more businesses the opportunity to pool their resources and share their expertise to accomplish a particular objective. The manufacturer of a product might be presented with an opportunity to bid on a large contract requiring a substantial amount of raw materials. Purchasing the raw materials on the open […]
There are many reasons why a business or an individual might need to find someone to agree to a lease takeover. If you rent an apartment, the once-in-a-lifetime job opportunity across the country might not allow you to wait until your lease expires to move. As a business owner, the commercial space on which you […]
A power of attorney (POA) is a powerful legal tool that grants one person the authority to make legal decisions, such as those related to health and financial matters, on behalf of another individual. When placed in the right hands, a POA is an important way to ensure that people who are temporarily or permanently […]
Many construction jobs are filled by independent contractors and not by employees, but construction sites are not the only places you will find independent contractors. Lawyers, doctors, real estate sales agents and other professionals can work as either employees or as independent contractors. Whether someone is an independent contractor or an employee can have tax […]
Unlike residential leases under which tenants might be required to pay utilities in addition to the rent they pay to their landlords, owners of commercial real estate try to pass along as many of their costs and expenses associated with the property to the tenant as possible. If you are considering the rental of commercial […]
Looking for a new home can be stressful and, in many cases, coming up with a deposit on a mortgage can be hard work. For many people who are looking to move beyond renting but for whatever reasons cannot yet commit to a mortgage, then a rent-to-buy property may provide a useful in-between option. Also […]
Buying or selling a motor vehicle is a major financial transaction for most people. If you are planning on buying or selling a car, then you have likely done a lot of preparation, such as ensuring you receive or pay a price that seems reasonable to you. What you may have overlooked, however, is the […]
There you are tinkering at the workbench in your garage when you suddenly realize that you might be holding in your hands an invention that will forever change the world, or it will at least change how people peel potatoes. Before you begin showing your invention to potential manufacturers, you need to protect your rights […]
When the U.S. Supreme Court effectively made same-sex marriage legal across the United States in 2015, it seemed as though the debate between civil unions and marriages was over. However, while same-sex marriage is now legal in the U.S., civil unions and similar types of unions, such as domestic partnerships, still exist in some states. […]
Applying for a rental apartment, especially in hot markets like New York City and San Francisco, can be a stressful experience. Making a rental application is a major step in any apartment hunt as it shows a very serious desire to rent out the dwelling place in question. For many prospective tenants, the rental application […]
If you run a small business then at some point you will likely come across two types of documents: business plans and business proposals. While these two documents sound very similar in name, they do have different purposes and structures. Confusing these two types of documents is understandable, not only because they sound similar to […]
An employee handbook provides you with an ideal method of introducing new employees to your organization. It also offers gives all employees a place to find answers to questions about what the organization expects from them and what they should expect from the organization. Because a handbook can have legal implications in the event of […]
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Nothing implied or stated on this page should be construed to be legal, tax, or professional advice. The Law Dictionary is not a law firm and this page should not be interpreted as creating an attorney-client or legal adviser relationship. For questions regarding your specific situation, please consult a qualified attorney.
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