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Showing posts from December, 2018

Why Do Startups Need Legal Documents?

Why is legal documentation so important for startups? One may ask. And, to point out to potential pitfalls that may hinder your company’s growth from the absence of it, there are plenty of examples around us. In our earlier blogs, while we had written in detail about legal issues that startups need to address at the early stage, and the nuances of having a clear legal framework and strategy in place, in this piece, we take a step back, and understand why these documents are important for startups, and how they play a key role in administering an unimpeded growth for their business. Once you, as a reader, gain an understanding of why these documents are important, don’t forget to take stock of the infographics, which can be used as a legal cheat sheet for key documents every entrepreneur must have at the early stage. The infographic (Fig.A) has been designed in a way that it defines the key (legal) requirements of each sector on three scales; necessary, essential or desir...

3 Reasons Why You Need A Temporary Guardian!

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Family Law Planning is of upmost importance to the vigilant individual. The temporary guardian serves as both a legal substitution of parents as well as a guardian angel of your children and your love of them. Temporary guardians  have legal custody over the children, are legally responsible for them, and have the right to make any medical, educational, or financial decisions. The length of a temporary guardianship is about 60 days. State statues will set an appropriate time, if the guardianship is court ordered. If a temporary guardian is in the will,  the time frame set in the will will be the length of the guardianship. Temporary guardianship can help parent make sure that their children will be cared for and in be responsible hands. Make sure you choose someone you trust and that is responsible take care of your children. 1. Sudden Death: The First of the 3 Reasons Why You Need a Temporary Guardian is the risk of sudden death. If you were to pass away unexpectedl...