What is Asset Protection? Asset protection is the process of legally safeguarding your assets from future creditors. Put more generally, you’re protecting your future from risks you haven’t encountered yet. Asset Protection Rules You can’t do much to protect from a creditor you already know of. Hiding your assets is never the solution. Nothing is…

A Severability Clause is part of the boilerplate provisions you find in many contracts. It essentially asks the court interpreting the contract to ignore just the unenforceable portions of the contract. Absent this provision, a court may choose to throw out the entire contract if there are any issues. Simple Severability Clause If any provision…

Contracts often have unenforceable provisions in them. Therefore, parties are not bound by every provision in a contract. In our previous blog, we talked about what makes a contract. In this blog, we talk about what is excluded from a contract.   Court Interpretation When we say something is excluded from a contract or held…

A Merger Clause (AKA “integration” or “entire agreement” clause) is a boilerplate portions of many contracts. They define the scope of the interpretation of a contract. Therefore, they can be incredibly useful clauses for protecting yourself! Merger Clause Benefits The length of your document becomes the downside of these clauses. The more words, the more…

Creating an anonymous startup is no easy task. For one thing, the Secretary of State requires a registered agent and an organizer to be listed. If they’re not you (which since it is public information, it probably isn’t), who will it be? Can you trust that person not to share who you are? When you…

What is a Choice of Law Clause? Every now and then, this question comes up. Choice of law clauses are pretty common boilerplate clauses in contracts. These allow the contracting parties to specify which state’s laws are used if there’s a dispute. Choice of Law Example For example, if both parties are in North Carolina,…

Choice of Law clauses are often very important clauses in contracts. However, they’re not always that critical. Sometimes, especially in real estate or in-person consumer contracts, the law that is to be applied is chosen for you. For example, the purchase of a piece of real estate generally must be governed by the laws of…

Employee theft is a hard situation to be in for many reasons. First and foremost, you’ve lost whatever the employee stole, and that sucks. This article explores what you can legally do to help recover from that employee. Employee Theft Under North Carolina law, Employee Theft is actually called “Larceny by servants and other employees”…

Attorneys are not permitted to charge for work they did not do, nor charge you “excessive fees.” If you believe your lawyer charged for work that was not done, this is a clearer violation than just excessive fees. The difference lies in proving the work wasn’t done versus proving the attorney was not worth the…

Attorneys are professionals who rely on their education, experience, talent, and their effort to do a quality job. Unfortunately, sometimes they can make a mistake. There are two types of mistakes that can be made: ethical and professional. Ethical Mistake When there is an ethical mistake, you can bring an ethics complaint against the attorney through…

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