One of the major ramifications of our mobile society is the ease in which we share our personal thoughts and images to friends and family via smart phones and other devices. Truly sharing who we are with our loved ones may entail a winking eye emoji, a quick LOL, a selfie at our favorite restaurant, […]
Legal Blog
Insights From Essential Legal Services
BYSTANDER EFFECT AND THE DUTY TO RESCUE
In 1964, Catherine “Kitty” Genovese was raped and brutally murdered outside of her New York apartment complex. It was alleged that many families who lived in very close proximity to one another, effectively did very little to save her. This story invokes feeling of sadness and unrest for most people. Why did everyone fail to […]
ARE WE REALLY BUSINESS PARTNERS?
What many business entrepreneurs do not understand is that it is entirely possible to be in a partnership without even knowing it! In Nevada, a general partnership agreement may be formed orally without a fancy written contract. The most common feedback from clients who have been sued is: “We don’t even have an agreement” or […]
PREMARITAL AGREEMENTS: ARE THEY REALLY NECESSARY?
Prenuptial or premarital agreements have a long history of being associated with the affluent. Historically a party to a marriage who had considerable wealth and assets going into the marriage would have their attorney draw up an agreement that protected these assets from their less wealthy fiancé. These agreements tended to be scrutinized in courts […]
HOW SHOULD I HOLD TITLE TO MY PROPERTY?
You have decided to buy your first home, that beautiful piece of land, or the rental property you have thought about for years. You have the funds, that milestone is complete. Unfortunately, at this point, many buyers do not know how to take title of their property. Your real estate agent may drop a few […]
ESTATE PLANNING: THE BASICS
Have you taken the time to evaluate your estate? Do you know your net worth? Have you thought about what would happen to your finances should you become incapacitated or pass away? Who will take care of your children if you are not able to? Many of us try to avoid such thoughts or […]
PLANNING FOR INCAPACITY – WHAT SHOULD I DO?
Incapacity is the lack of physical or mental abilities that results in a person’s inability to manage his or her own personal care, property or finances. The likelihood that you will live your entire life without facing some sort of disability is slim. By the time you reach the age of 65, your chances of […]
WHICH STATES PROVIDE A TAX-FRIENDLY BUSINESS ENVIRONMENT?
A very important factor to consider when registering a new company in the United States is the tax incentives. It is important to note that most entity types (e.g. corporations, partnerships, and limited liability companies) will be paying federal income tax to the I.R.S. This tax will be paid irrespective of what state you register […]
DISSOLVING MY BUSINESS…IS THIS REALLY NECESSARY?
Many business endeavors may not turn out the way the ever-hopeful entrepreneur originally envisioned. The U.S. Small Business Administration has stated that, “seven out of ten new employer firms survive at least two years, half at least five years, a third at least ten years, and a quarter stay in business fifteen years or more.”[1] […]
FINDING THE PERFECT LAWYER FOR YOU
Finding the right attorney for you can be a daunting experience. It is likely that the reason you are looking for legal representation is because you are experiencing or entering unchartered areas of your life in which you need the assistance, support, and expertise of an individual trained to navigate and assess various legal ramifications […]