Many couples, wealthy and not so wealthy, are taking advantage of the benefits that a solid prenuptial agreement can provide. When completed correctly, a prenup can protect your business, establish in writing your financial rights and preserve your assets. In a high...
Month: August 2020
How many businesses make it through the second generation?
You started the business you own from nothing. Maybe, like so many famous companies, you started in your garage. Now your company is worth millions. You hope to pass it on to the children and see them make it even bigger and more successful, given the advantage they...
Promotion does not reduce the risk of sexual harassment
Professor Anita Hill once said: “One way abuse of power is manifested is through sexual harassment ... but it’s also manifested through pay inequity. It’s also manifested through lack of leadership opportunities. It’s also manifested just by day to day aggressions...
What is a reservation of rights letter?
New England businesses carry liability and other insurance to protect them from the uncertainties of life. For example, no matter how hard one works, one major disaster, like a fire, can ruin the prospects of a small business owner. Likewise, an owner can take...
Famous musician and wife embroiled in high net worth divorce
In Massachusetts and New Hampshire, any divorce proceeding can be complicated with various issues in dispute. If it is a high-asset divorce in which the couple has accrued significant assets, it is likely to have major strife. This is true even if there was a...
Common types of insurance claims made by businesses
Business owners in Massachusetts have many things to worry about as they run their business. People need to worry about their employees, ensuring they have the products they need, deadlines, manufacturing, clients and many other concerns. The goal of the businesses is...