Equity Appreciation Agreements Offer Cash Now, but at What Cost Later?
Homeowners are turning to equity appreciation agreements for cash without taking on new debt. But trading future equity can have significant long-term costs.
How to Resolve Deadlocks in Your LLC
Deadlocks occur when LLC members with equal voting power cannot agree on a major business decision. Because a deadlock can stall operations or put the company at risk, the best protection is a well-drafted operating agreement that explains how voting works and includes clear deadlock-breaking mechanisms. Common solutions include buy-sell provisions, tie-breaker votes by a neutral third party, rotating voting authority, or mandatory mediation or arbitration. If the operating agreement lacks these tools—and the members cannot resolve the dispute—court intervention may be required. Judges can order remedies such as appointing a custodian, issuing an injunction, expelling a member, or dissolving the LLC entirely. Thoughtful planning and strong operating agreement language are essential to prevent business disruption and costly litigation.
What Is a Nonsolicitation Agreement, and Should I Use One?
You can’t stop employees from leaving, but you can limit their ability to take clients or coworkers with them. Nonsolicitation agreements help protect your business from employee poaching and loss of key relationships—when properly drafted. Learn when these agreements are enforceable and how to tailor them to your company’s needs.
Financing a Business: Evaluating Your Options
Business financing can fuel growth or provide stability in challenging times. From personal savings and SBA loans to crowdfunding and angel investors, explore how each option fits your goals—and the legal issues to consider before taking on funding.
Considerations for Paying Employees: What to Know about Setting Wages and Salaries
You can’t run a successful business without good employees—and you can’t find good employees without offering competitive pay. Learn how to balance compliance with federal and state wage laws while building compensation packages that attract and retain top talent in a post-pandemic, hybrid work world.
Affidavits of Change of Trustee in California
An affidavit of change of trustee formally documents that a new trustee has taken over management of a trust. In California, it’s a key step to confirm authority, clear title to real property, and avoid disputes with financial institutions or beneficiaries.
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