Category Archives: Miscellaneous Legal Topics

Why is a letter of credit important?

By | May 13, 2008

Guidelines for letters of credit are set up in Article 5 of the Uniform Commercial Code. Letters of credit are important for business entities and individuals alike. When a business is attempting to purchase goods, services and technology to serve their clients, a letter of credit is essential. Most businesses do not pay cash or write a check… Read More »

How can I correct errors on my credit report?

By | May 13, 2008

Throughout our lives, banks, lenders, landlords, insurance companies, stores, and often employers, gather information about our credit for one reason or another. Due to the abuses of reporting by various agencies (or simply human error), Congress, in 1970, passed the Fair Credit Reporting Act as part of the Consumer Credit Protection Act.

When would it be wise for my business to utilize confidentiality agreements?

By | May 13, 2008

Along the same lines as covenants not to compete are confidentiality agreements. Many times an employee or partner will leave a business and the need for a complete “no competition” agreement is not necessary. A simple confidentiality agreement may be entirely suitable when attempting to protect a company’s secret food recipe, cooking technique, perfume formula, varnishing mixture, anything… Read More »

When should I use a bill of sale?

By | May 13, 2008

Many people think that a bill of sale is not necessary when selling an antique table or the old junk car in the backyard. However, a bill of sale should be used when any personal property is disposed of. It is a necessary contract to protect both parties. The bill of sale sets out the terms upon which… Read More »

When should you Insist on an Indemnity Agreement?

By | May 12, 2008

Businesses, individuals and organizations use indemnity forms to outline and record details involving financial responsibilities every day. Insurance policies are one example of indemnity agreements.

Are you Considering a Legal Name Change?

By | May 12, 2008

There are many reasons individuals choose to change their name. Marriage is one reason and divorce is another, but these are certainly not the only two life events that prompt people to change their names.

Why you need a Power of Attorney and How to Assign One

By | May 9, 2008

A power of attorney is someone who can make important financial decisions on your behalf if you are incapacitated or unable to do so. Many people think about a power of attorney as they approach old age or begin to suffer from ill health.

A Business Accounting System that Works to your Financial Advantage

By | May 9, 2008

Accurate recordkeeping is essential to the success of any type of business. Unless you are educated in accounting and have previous recordkeeping experience, you will probably find keeping track of your business’ finances a real challenge. The task is so overwhelming for many people, their businesses actually fail as a result of poor accounting practices.

What are Declarations Forms, and How are they Used?

By | May 9, 2008

Declarations forms are an important tool businesses, individuals and organizations use in a variety of ways. They are often used as part of the completion of transactions, such as in real estate sales. Declarations are also used as verification of important statements in business dealings by individuals, corporations and in courts.

Should you Register a Copyright to Protect your Work?

By | May 8, 2008

Nearly everyone is aware that copyrights exist, but many people fail to take advantage of the protection copyrights can afford when they should.  Copyrights are valuable tools in that they allow individuals to protect intellectual property.