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May 2015 Archives

What should I do if I want to close my New Jersey business?

Bringing about the end of a New Jersey business takes more than simply closing its doors. In order to prevent the state and federal governments from seeking taxes and other business compliance requirements from it, a business must officially remove its name from public acknowledgement. This post looks at how that process may be done; however, those with specific legal questions about terminating a business should seek out legal answers that address their unique needs.

Litigation can make private estate administration matters public

Litigation, by definition, is contentious. Any Moorestown resident who has been involved in legal dispute knows how adversarial the process of going to trial can be. Lawsuits and the hearings that follow their filings do not exist without prior disagreements; in the case of estate administration matters, those disagreements can put private financial information at risk of becoming public.

What can the other party do after I make a contract offer?

Whether they are explicit or implied, verbal or written, many business relationships are solidified by contracts. Camden County business owners use contracts to hire employees, retain service providers, rent or buy real property and goods and a host of other reasons. Contracts generally begin with an offer, and this blog post will look at what can happen after a contract offer is made.

Corporate finance is important to opening and closing businesses

Whether a Camden County business is just starting out or is implementing one of its exit strategies to change ownership, there are a lot of financial decisions that it will have to make. How it will structure its sale, whether it has sufficient revenue to expand, and whether it is meeting its tax obligations are only a few of the many topics the financial managers of a company may have to consider. A company can get into trouble when its corporate finance management is unstable, and business owners who require assistance putting together sound finance strategies sometimes turn to professionals for help.

Include a living will as part of an estate plan

Prior posts on this Moorestown business and estate planning blog have discussed the many benefits that come with creating a personal estate plan. Not only does a person have the ability to dictate how his property will be disposed of after he has died, but he may also provide for loved ones through testamentary bequests outside of the traditional methods of probate. Much of estate planning has to do with preparing for death. However, some quasi-estate planning tools concern decision-making when an estate planner is still alive.

A breach of contract can lead to lost confidential information

As readers of this Camden County business law blog may know, there are many kinds of contracts that corporations and enterprises can create. One common type of agreement is nondisclosure agreement. Entities often ask their employees and others who are privy to sensitive business information to sign nondisclosure agreements in order safeguard the financial, technical, and other important information that make the businesses successful or unique.

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