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Why Is Co-Mingling of Funds a Problem for a Business Owner?

co-mingling funds

Operating your business as a corporation or limited liability company protects your personal assets if the business gets sued. This liability protection is vital to all business owners. The reason is that a company can be subject to litigation for accidents, defective products, negligent performance, misinformation, and more. However, this protection from liability can disappear […]

What Is a Health Care Power of Attorney and Why Every Adult Needs One

Health Care Power of Attorney

A health care power of attorney is a legal contract that specifies who will make all of your medical decisions if you are not able to make them for yourself. This contract is called a durable power of attorney, which means that it activates once you are determined to be unfit or incapacitated. In other […]