If you are looking to start your own business, it’s important to consider your tax obligations. With nearly a dozen different entity options to choose from in North Carolina, you will have to factor in taxes when determining how much startup money you will need. From a numbers standpoint, tax implications...
The Discovery Process in Commercial Litigation Cases: What You Need to Know
Discovery is a specific phase of litigation that generally begins after a complaint is filed and the parties have exchanged their initial disclosures. During this stage, the parties exchange information and learn more about their claims and defenses.
Any non-privileged item that is proportional to the needs of the...
Business Division During a Divorce: Complications and Protections
Divorce can be a complicated process involving lots of stress and painful moments, but if you and your spouse own a business together that will mean it won’t be simple. A North Carolina family law attorney can help you sort out the situation and ensure you are...
How Important Is Having a Lawyer for Commercial Transactions?
Most of us define a “transaction” as simply buying something from a store. In a larger sense, consider a commercial transaction. A commercial transaction encompasses a wide range of business activities. Whether you are buying a company, looking for tax breaks for your existing company, looking for help with licensing, or many...
Legal Challenges in Mergers and Acquisitions
The field of law known as M&A (mergers and acquisitions) is a fascinating one and any owner of a small or large business should understand its basic principles if they have any thoughts of combining their company with another company.
A few definitions: If you want to simply...
Transferring Your Business to Your Children – Where to Start
Many small business owners intend to transfer their business to their children. They work hard to build a successful company to pass down to future generations. In this blog, our North Carolina estate planning attorneys discuss several ways to transfer your business to your children, including the benefits of business succession...
Removing An Estate Executor Or Administrator In North Carolina
Serving as an estate executor or administrator comes with important responsibilities, known as fiduciary duties, that the courts take seriously. Breaching these duties can threaten estate assets as well as the rights of beneficiaries. It can also be a cause for the removal of the executor or administrator (both of which are...
Negotiating Business Contracts: Tips for Success
Contracts are used in all areas of business. Mistakes and errors in a contract could result in costly litigation and liability. While it is crucial to work with an experienced North Carolina business attorney to draft ironclad, comprehensive business contracts, it is equally important to negotiate...
Understanding the Role of Mediation in Resolving Commercial Disputes in North Carolina
When commercial disputes arise in North Carolina, litigation may seem like the only option. However, alternative dispute resolution (ADR) methods, such as mediation, offer a more efficient and cost-effective way to resolve conflicts. For expert guidance through the complex commercial dispute resolution process, our North Carolina commercial mediation attorneys can provide...
Protecting Your Business: Proactive Legal Strategies to Prevent Litigation
Business litigation is expensive and can disrupt business operations. It is time-consuming and stressful to deal with a lawsuit. However, a business may be able to avoid some lawsuits by using proactive legal strategies to protect the business. In this blog, our North Carolina business attorneys discuss several legal strategies to...
