Have you talked to your parents about their plans for the future? Most likely, they have eagerly shared their retirement goals, their vacation agenda and perhaps even their ideas for downsizing. However, do you know if they have made their final arrangements? Do they have a will? Do you know what their wishes are if they should become incapacitated?
Business arrangements can be complicated affairs. As a business owner, you undoubtedly want to minimize the risks in which you put your company when it comes to bringing new workers or partners into the fold. You likely already know that one of the best ways to ensure that certain aspects of your business remain safe begins with creating an appropriate contract.
Creating an estate plan seems simple. You meet with an attorney, draw up your documents and sign them. Then, when your life is over, your children inherit your property, and everyone is happy. However, it doesn't always work out so neatly, especially when loved ones realize the property they inherited is contaminated.
Few things in life compare to receiving a phone call or visit telling you that a beloved family member died unexpectedly in some sort of accident. As you grieve, you might need answers to questions regarding the circumstances surrounding the death of your loved one. Those answers might lead you to wonder whether you have any legal recourse against the party or parties responsible.