Putting together a detailed estate plan can help families and individuals in Massachusetts to take care of their heirs long term by protecting their financial futures. This includes passing down residential real estate to loved ones by specifying in wills who should receive these assets. However, when businesses are involved, estate planning must be taken a step further to include business succession planning.
If you have an established business outside of the United States, you might want to consider expanding into America, specifically Massachusetts. Expanding your venture is an excellent way to overcome trade barriers and minimize the distance between distribution and manufacturing facilities. It can also help you to draw closer to the human resources you need.
As a business owner, one of the most stressful experiences you can have is to be sued for trademark infringement. Fortunately, if you are experiencing this type of business formation and planning employment litigation, you do not have to navigate the experience alone. An attorney can help to defend you against a trademark infringement action in Massachusetts.
Owning a business can understandably be a source of pride. However, if you own a business, it is not unreasonable for you to consider that you may eventually leave the company or retire. In this situation, naturally, you may want to leave your business in the hands of the next generation of your family. Unfortunately, if you do not have a solid succession plan in place, the business you have poured your money, energy, time and even tears into may suffer catastrophic consequences.
As a business owner, you shoulder a lot of responsibility. This is particularly true if you operate in the software-as-a-service economy and decide to hire contractors to work for you. It is critical that you understand the liabilities, risks and legal problems that may arise during the implementation of independent contractor jobs.