Browsing All Posts filed under »Uncategorized«

Selling Your House Doesn’t Have To Be Taxing!

August 11, 2011


Internal Revenue Code (IRC) Section 121 permits a married couple to exclude up to $500,000 of capital gain from the sale and a single person to exclude up to $250,000 of capital gain, provided the house being sold was their principal residence for two of five years preceding the sale.

Buy-Sell Agreements–Kumbaya!

March 21, 2011


Why is an Ownership Agreement so important? We've all heard the horror stories of marriages that end in divorce without a prenuptial agreement--lots of drama and fighting, and a small fortune spent on attorneys fees. Business disputes are no different, they can be nasty, expensive, and in the end, the litigants are at the mercy of the court to decide their future.

Invest in Yourself

November 4, 2010


With careful thought, proper planning and realistic expectations, you can start now to build a business that is financial rewarding and spiritually fulfilling. You can be in control of your destiny.

Contracts Redux-Read to Get What You Need

September 8, 2010


Understanding the basic terms, the timing, and the representations and warranties in the agreement will ensure that the parties know their rights and obligations.

You Sues’ You Lose

August 31, 2010


Minimize the risk of a lawsuit and reduce the cost of litigation that can't be avoided.

Legal Easy!

February 23, 2010


The purpose of this blog is to share business and legal information with entrepreneurs, business owners and their families. No legalese is spoken here--plain English is the language of choice.