As we age, we experience a decline in our cognitive functions. For some, this can result in a significantly decreased ability to manage one's own personal affairs. Clearly, as a society, we want our elderly population to remain protected and cared for. This is why the law allows for conservatorships. This legal relationship plays an important role in the area of end of life law. See why it may be necessary to consider a conservatorship for one of your family members in their time of need.
There's no doubt that starting a business requires a lot of planning. One of the most important things to think about is how to form your business. The type of legal designation given to your company will have a huge effect on your liability as an owner. Therefore, you need to understand the implications of your choice. Learn about the differences in tax and personal liability when it comes to your business formation options.
Contracts govern a lot of different relationships between business entities. In fact, the whole purpose of creating a contract is to set out the rules of the agreement. However, many enter contracts without truly understanding all the legal consequences. One area that often remains misunderstood concerns the governing law. Yet, choice of law provisions can have a profound effect on the way your contract plays out. See what you need to know about these provisions before signing on the dotted line.