04
MAR
2017

“Non-binding” Letters of Intent

  One of the most frequently, and incorrectly, used items in business transactions is a letter of intent (the “LOI”).  It is meant to be a shorthand expression of the parties’ general agreement of principal terms, yet can become a binding quagmire to the unwary.  Improperly...
18
FEB
2017

Buy-Sell Agreements for Small Businesses

If you own a business by yourself, certain things are straightforward.  Things—for better or worse—are done your way, or they are at least done the way you believe your clients or customers need/want them to be done.  But what about situations in which you, and one or two...
14
MAY
2016

The benefits of North Carolina’s new “living probate” procedure

“[I]n the absence of fraud, duress, mistake in the identity of the instrument executed, or lack of mental capacity, public policy requires that a testator’s will remain inviolate.”  In Re Cobb’s Will, 271 NC 307 (1967).   Wills, historically, have been treated ...
28
JAN
2016
02
JAN
2016

Start your business right in 2016.

The new year brings exciting opportunities for small businesses and entrepreneurs. It is a great time to make goals, plan for the future, and increase the success of your business. The new year is also a perfect time to perform a legal review of your business. Performing a legal...
12
NOV
2015

What about a Plan B?

I write on this blog and on passportlegal.com about the benefits of obtaining a second citizenship. One of those benefits is being able to move yourself and your assets from a country that is antagonistic to you–whether it’s antagonistic to your beliefs, your wealth,...
07
NOV
2015

Easy Small Business Tune-Ups for your Corporation

We’re quickly coming to the end of 2015, and as the end approaches, now would be a good time to take care of your small business. If you own a small business, you should have your business incorporated into some sort of legal entity, whether it be a corporation, limited liability...
26
OCT
2015

St. Lucia Citizenship by Investment Details

New details about St. Lucia’s Citizenship by Investment Program are starting to emerge. The Prime Minister of the Country spoke at Arton Capital’s Global Citizen conference recently, and a press release of the details is linked here. Two qualifications intended to set the St....
22
OCT
2015

Revisions to St. Kitts Citizenship Program

http://www.caribbeannewsnow.com/topstory-St-Kitts-Nevis-government-unveils-revamped-citizenship-programme-27963.html
16
OCT
2015

Take care when doing business offshore

The subject matter of the blog title is worthy of multiple blog posts in itself–and perhaps will be, in the future. However, for today, I want to link readers to public records of interest. Christopher Rusch was a California attorney who, among other things, spoke at seminars and...