Although estate planning may seem daunting, it’s really about organizing your affairs and planning your financial future. By consulting an experienced estate planning attorney, you can avoid some common estate planning mistakes. Common Estate Planning Mistakes 1. Not Having a Will A will is the most basic estate planning tool that establishes how your property […]
Continue reading…Is a Verbal Agreement Enforceable in South Carolina?
Contracts are a key legal document used every day in business. A contract protects the interest of all parties by reducing their agreements to writing. A contract that meets all legal requirements is legally enforceable, which is vital when transacting business. However, is a verbal agreement ever enforceable in South Carolina? Our South Carolina business […]
Continue reading…When a Business Folds, Who Is Responsible for Its Debts and Other Obligations?
There are many reasons why a business may close its doors. In some cases, a business closes even though it owes debts to several creditors. If the company is no longer in business, who pays those debts? The answer to that question usually depends on the type of business entity used to form the company. […]
Continue reading…Understanding UCC Filings
UCC (Uniform Commercial Code) filings are financing statements filed by mortgage companies, banks, creditors, and other lending institutions against secured collateral. The purpose of a UCC filing is to place other creditors on notice that a creditor has a secured lien against certain collateral that a debtor may be attempting to pledge as collateral for […]
Continue reading…Five Tips for Selling a Privately-Owned Business
You have built your company over the years into a thriving, successful business. However, you are ready to sell your privately-owned business, but you want to get top dollar for the company. A South Carolina business attorney can help you take the necessary steps to ensure that you receive the best value for your business. […]
Continue reading…Five Tips to Protect Your Trade Secrets from Exiting Employees
Every business has trade secrets. Your business has sensitive information that requires protection to maintain privacy and confidentiality. Your secrets or proprietary information has economic value for your business. Failing to work with a South Carolina business lawyer to take steps to protect trade secrets from being disclosed or used by exiting employees could result […]
Continue reading…Businesses Adopting Biometric Authentication Strategies
Security is a top concern for all business owners. Issues related to protecting trade secrets, confidential information, company information, and customer data continue to be problematic, especially as hackers learn new ways to defeat security measures. In addition to utilizing enhanced security techniques, such as two-factor authentication (2FA), some companies are exploring biometric authentication technology […]
Continue reading…7 Most Common Start-Up Questions (and Answers)
Do you have an idea for a business? If so, you may be on the verge of beginning a new start-up. If this is your first time creating a business, you probably have several questions about operating a start-up. A South Carolina business attorney can answer your questions about start-ups and guide you through the […]
Continue reading…Intro to Private Equity Funds
Institutional investors and high-income and net-worth individuals searching for investment opportunities may want to consider private equity funds. Insurance companies and pension plans often invest a portion of their large portfolios in them. For that reason, you may already have investments in a private equity fund even though you are not aware of the investment. […]
Continue reading…Can Initial Coin Offerings Be Regulated as Securities?
The Securities and Exchange Commission (SEC) continues to warn investors of the risks of Initial Coin Offerings (ICOs). On its website, the SEC encourages investors, securities lawyers, accountants, and other professionals to read the Investigative Report issued by the SEC in 2017 concluding that some tokens are securities. If you are unfamiliar with ICOs and […]
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