Nearly all businesses are exposed to liability. Owners of business operated as sole proprietorships or general partnerships expose themselves personally to this liability. A limited liability company can shield effectively these personal assets from the businesses liability. Read the full article . . .
Couples who live together in a romantic relationship in which they pool resources may be unaware that the separation of that relationship may be similar to a divorce. A romantic partner may have a claim for a share of the earnings and the value of the labor of the other, now separated partner. Some planning, communication, and agreements may help romantic couples avoid heartache if they separate down the road. Read the full article . . .