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When starting a business, one of the first decisions you need to make is choosing the right business structure. This decision has long-term effects on your taxes, liability, and ability to raise funds. While there’s no one-size-fits-all answer, the best structure...
Dying without a will, also known as dying intestate, creates legal and financial complications for your loved ones. In Tennessee, intestate succession laws dictate asset distribution, which may not align with your wishes. Understanding these risks helps you make...
Signing a commercial lease is a major commitment, and negotiating favorable terms can save you money and prevent future disputes. Whether you’re leasing office space, a retail storefront, or an industrial warehouse, understanding key provisions and your rights under...
Every business needs to protect its intellectual property (IP) to stay ahead of competitors. IP includes things like trademarks, patents, and trade secrets. If businesses don’t protect these assets, they might lose them to others. Find and organize intellectual...
Deciding whether to discuss your will with your heirs is a personal choice that can have significant impacts on family dynamics. Open communication about estate plans can help reduce misunderstandings and conflicts after a loved one's passing. Understanding the pros...
Buying commercial real estate is a significant investment, and having a well-written contract is key to protecting your interests. Knowing what to include in the contract can help you avoid problems down the road. There are some important elements to ensure your...
Businesses with 50 or more employees in Tennessee must follow several key employment regulations. These laws exist to ensure employee rights, safety and well-being. Understanding these rules that start applying at the 50-employee threshold can help you avoid costly...
With more people relying on digital platforms for banking, investing, and communication, incorporating digital assets into estate planning has become essential. Proper planning ensures these assets are managed according to the owner’s wishes after death. Identify key...
Closing a real estate transaction is an intricate process. It requires careful attention to detail, particularly for those with substantial investments. Ensuring all relevant documents are in order is crucial for a smooth closing. Secure financing approval The first...
Some entrepreneurs do not want to start a business alone. A second person may have financial capital or experience that is critical to the success of a proposed company. If you plan to form your first business partnership, you should know what to cover in your...