What are compensatory damages? They are one of several types of monetary awards that can be won at trial. Purpose The purpose of compensatory damages is to “make the plaintiff whole again”. In other words, they exist to cover all of the damages that were created by the defendant’s bad actions. These do not include […]
What is a Contract?
What is a Contract? Simple question. Everyone conceptually knows what a contract is. However, there are a lot of finer details. What is a Contract? At its simplest, a contract is a legal agreement between two or more people. Legally speaking, a contract is a legal device that exists once certain conditions are met. It […]
What is Breach of Contract?
What is breach of contract? Breach of contract is the cause of action that arises when one party fails to perform under a contract. That’s too legalese. If one party doesn’t do what they’re supposed to in a contract, they’ve breached that contract. However, it is not always that simple. What is a contract? Contracts […]
Intro to Estate Planning for Business Owners
Estate planning for business owners is slightly different than for everyday people. Estate Planning for Business Owners You probably already know a little bit about what estate planning is. It is the process by which you prepare for death or disability through legal means. Most commonly, your estate plan will include a will and […]
Business Trust
A Business Trust may be something that could benefit you. However, in most circumstances, you’d be better off without it. Read through our blog to see if it is something you can use versus something the internet says you need. The last thing we want to do is sell you something that you don’t need […]