If you just beginning to form a new business, undoubtedly, you will have done your research and have learned about the process for starting a new business and the steps that you should follow to establish your business and in what specific order those steps need to be...
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Haddonfield Estate Planning And Small Business Law Blog
What does a financial power of attorney do?
Whether it be due to a medical condition or simply a result of getting older, there may come a day when you are no longer able to make decisions for yourself. In case that day comes, experts recommend choosing a trustworthy and responsible person to make financial...
Adding a guardian to your estate plan
When many people think about estate planning, they focus on money and assets. They think it is all about who gets what after they pass. However, a full estate plan includes much more, like powers of attorney, trusts, medical proxies, guardians, etc. And, for parents,...
How do I start estate planning in New Jersey?
No matter what your age and no matter where you are in your life, having an estate plan is important and necessary. The fact is that everyone has assets and a legacy that they wish to pass down to someone who is near and dear to their heart. No matter how large your...
What options should I consider as I try to finance my business?
Even the best business ideas will be limited in their reach if there is not adequate financing. In New Jersey, every business must have some form of capital to either get off the ground or to grow once it is in operation. This is a frequent obstacle that prevents...
Tips for business succession planning
Business founders and owners are like the rest of us and do not work forever. Businesses, especially smaller businesses, should plan and prepare for future leadership. Succession planning is important to assure that the business evolves, stays relevant and...
Estate planning with children: More considerations
For readers of this legal blog, you know that we commonly post on estate planning topics. And, in a recent legal blog post, we discussed the topic of estate planning with children. In that post, we discussed guardians for your minor children and the considerations you...
Small businesses need a continuity plan
According to researchers, 90% of small businesses that undergo a disaster and do not reopen within five days go out of business forever within one year. Natural disasters, health emergencies and cybersecurity threats to small businesses underline the need for...
New Jersey requirements for a will
When you die, you can't take any of your possessions with you, which means that you need to arrange to will them to people who are close to you. These possessions include personal property (such as cars, clothing, jewelry, etc.) and real estate properties. If you plan...
Six issues to consider before signing a franchise agreement
Buying into a franchise can be a great way to satisfy your entrepreneurial streak. It can give you the well-established brand that you need to make a splash in the community while also providing you with the training, resources and equipment that you need to set...