Determining how to approach property division in divorce is rarely simple, especially when it comes to deciding which spouse (if either) keeps a marital home in the split. Homes count as marital property just as a savings account or any other asset that a couple might acquire while married, but it is not always easy to split the value of a home between the spouses, particularly when the family home is the largest single asset that a couple has.
When divorce comes knocking at the door, spouses tend to think in terms of their own survival and long-term well-being rather than focusing on treating each other fairly or even within the bounds of the law. For many spouses, the process of divorce has a way of bringing out the worst, especially when it comes to property division.
Starting just one successful business is a huge achievement. Many entrepreneurs want to strike while the iron is hot and establish a second company. However, it is important for all business owners to understand how to properly structure this new entity. While it is certainly possible to establish more than one company under a single LLC, most entrepreneurs will be better off creating a separate LLC for each unique company.
Leasing a space for a commercial venture is only one aspect of an enormously complex process -- one where many things can go wrong before you even open the door for business. One of the most common complications that businesses run into with commercial leases is the matter of zoning restrictions. Failing to understand how zoning impacts your business may mean the difference between the perfect location and a total lemon.
Many parents face great difficulty making the transition from being one family to raising their children separately after divorce. While the reasons may be obvious for this, it's not always clear when to accept some bumps in the road along the way and when another parent's behavior or refusal to abide by the rules is truly an issue that requires legal action.
In today's business environment, a surprising portion of contracts include nondisclosure agreements (NDAs), even when their necessity isn't immediately obvious. Of course, it only makes sense that any party should have the freedom to use the law to protect itself in business, but some NDAs far overreach the law and make demands that few courts may uphold.