Month: May 2018

Start Up Business Plans Choosing Legal Structure

Before a business plan is presented to funders, they would like to see that at least some low cost steps have been taken by the founders. One of these is to choose a legal structure for the business and to incorporate it, a process which generally costs only hundreds of dollars.

There are three major issues to consider when choosing a legal structure: control, liability, and taxes. Different legal structures have pros and cons on these three issues and you must seek what you are comfortable with and what will work best for the business both now and throughout its projected growth. The major legal structures to consider are sole proprietorships, partnerships, limited partnerships, corporations, and S corporations.

Control

A sole proprietorship retains the greatest amount of control for the founder (100% of ownership control to be exact). Structures that allow for investors to take part mean an increasing loss of control from the founder. These include partnerships, corporations and S corporations. A limited partnership may be a good option for a founder who wants to retain control while bringing in outside investment. Limited partners (also called silent or sleeping partners) of the business have no say in how the business operates, while the general partners keep control.

Liability

It is important for a founder to discuss legal structures with a lawyer to understand their legal liability in various structures. Generally, as control is spread out from the owner, liability is also lowered. For example, a sole proprietorship has unlimited personal liability for the owner, as are partners in a partnership and general partners in a limited partnership. Limited partners are only liable to the extent of their investment and corporations and S corporations limit the liability of stockholders as well.

Taxes

A tax accountant should be consulted to determine the best legal structure for tax purposes. Although you may have no profits to be taxed in the early years of the company, you will eventually be concerned with limiting your tax liability. Corporations are the one legal structure that causes double taxation on profits. This means that corporate profits are first taxed at the corporate tax rate and then dividends to stockholders are taxed at the going dividend tax rate. In other structures, profits flow directly to the shareholders or owners and are taxed at the individual tax rates. This is the advantage of S corporations, as they limit liability like a corporation but do not incur double taxation.

Clientele Life Legal- Do Not Get Caught Like I Was!

About a year ago I was involved in a civil suit, it was the very first time I had ever needed to call on the assistance of a lawyer and boy was I shocked at the fees! It cost me R 920 per hour and I was assured this was a good price! This little incident opened my eyes and led me to search for a more economical way to have the legal assistance, and that is when I came across Clientele Life- Legal. After doing some research and speaking to some people who use Clientele legal I came away with a better understanding of what they offer.

Clientele life has been a trusted name in the insurance business for more than 15 years. The insurance products that Clientele life offer are; Life Plan, Hospital cover and dreaded disease cover. And then they also offer legal cover called the Protection plan.

What do they offer?

The Protection Plan is offered by Clientele legal, and allows you legal assistance plus other added benefits. From the moment you take out the Protection plan, and within the first 3 month period you are allowed 24 hour legal assistance over the phone. After this 3 month period you will be appointed a lawyer to help you when you are in need of legal assistance. You are issued a card with a telephone number you call in the case of needing access to a lawyer.

Civil cases: These are not criminal in nature, its generally on property, business, personal domestic problems, divorces and so forth where ones constitutional and personal rights are breached.

Criminal cases: If you were unfairly accused of a criminal act, you will be issued a lawyer under the cover of the plan.

Labour cases: If your rights have been violated within your place of work, your lawyer from Clientele will help you taking legal action against unfair dismissals, unfair salary deductions and so forth.

What is the cost and what are the extra benefits?

I was quite shocked to find out that I only needed to pay from as little as R 120 per month, which would entitle me to R 120 000 worth of legal advice for the year or R 1.2 million for life. Clientele also offers a cash back reward for every 36 months that you have paid you receive 3 months of premiums back regardless of whether you have claimed. Another added from Clientele is that if you are retrenched they give you a 3 month grace period, which will not affect your premiums thereafter. You are also given a free will document, and Clientele legal will also keep your will in safe custody.

Do not be like me and wait for something like a civil suit to happen before I got cover. Do some research and get yourself covered, at R 120 a month you really cannot afford to be without it.

Need To Fix Personal Injury Legal Problems This Article Can Help

You’re probably initially afraid and worried when you first experience an accidental injury. When it wasn’t your fault, you may need to ensure you get adequate compensation. When this happens, hiring a lawyer is the only viable option. Keep reading to understand how doing so will help and how you can build a strong case. p>

Look to the ABA, or American Bar Association, if you want to look for a lawyer that deals with personal injury cases. They can give you referrals for local lawyers, plus you can do your research there.

Search the web for personal injury lawyers who are highly reputable. Take the time to compare different lawyers and look for reviews written by clients. Look at personal injury attorney with both many successful cases and lots of experience to better your chances of winning.

Make copies of all forms to help organize your personal injury case. You should include any care instructions or other notes from your physician, receipts for any payments you make and receipts for any prescriptions or medical supplies you purchase. Always retain correspondence from your physician regarding your injury.

When you’re in the midst of a personal injury dispute with an insurance company, you’ll need to keep proper documentation of all your bills, hospital visits, and other pertinent information. You need proof of the injury itself, as well as the steps you are taking to recover, if you are to secure and prevail fair compensation. Otherwise, you might appear to be fighting a meritless case.

Don’t apologize following an accident. They could pin the blame on you if you apologize. Don’t jump to that conclusion just yet, even though you might even think you’re at fault.

Be sure to get the legal wheels rolling right away following an injury. There may be deadlines in which you won’t be able to claim your lawsuit. So, remember to reach out to a highly qualified, reputable lawyer to assist you in filing a claim for compensation.

You have to remember that winning a personal injury case can take time. It can be a long and drawn out process that requires lots of patience. Your case might take as long as a few years if you reside in a big city. Remember this and you will have an easier time keeping your frustration and anxiety in check.

If he has experiences with cases like yours, ask any prospective lawyer. This is a simple way to figure out if they’re right or not. This can give you a significant advantage in court if your lawyer has extensive experiencing handling similar lawsuits.

You may want to choose a lawyer based on their location. You want to find a local attorney with an office near your home. If they are close to you, Communicating with your lawyer will be easier. You will be able to go to their office easily in case your lawyer does not return emails or phone calls.

Be sure to document every instance where your injury has led to less money in your pocket. This sort of list will include the expense and time of doctor appointments, absenteeism from work, and activities you may have planned but could not participate in. You will need proof if you head to court, and failure to do so will be considered when it comes time to make a judgement.

Having a lawyer you trust can make dealing with an accident easier to handle. Before going to court, take time to become educated on the options available. This can help you have a better case and get the funds needed to heal and move on with.

Kyle Dellucci is a freelance legal writer who specializes in writing on a variety of legal topics such as personal injury law. He highly recommends Injury Lawyer for auto accident lawyers in Houston. Kyle spent 6 years as a paralegal and serves as a copywriter for various law firms.

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Tips On How To Buy Mephedrone Legally

If you want a legal high like that which you would get from club drugs, you can do so by using Mephedrone. You can buy Mephedrone legally right online with no questions asked and get the high that you are looking without having to worry about getting caught with illegal drugs. If you are into the club scene and want to find a way to get the high you get from club drugs, which are illegal, in a safe and legal way, then you can do it with this product that is marketed as plant fertilizer.

Because Mephedrone is a legal substance, there is essentially no problem if you want to buy Mephedrone. Although the product is sold as a plant fertilizer and there is a label on it that says that it is not for consumption, you can get around the drug laws by using this product that works much like an amphetamine. Instead of taking the risk of buying illegal drugs or getting caught with them, which can end up landing you in jail, you should make it a point to obtain legal substances that give you the same hallucinogenic feeling.

There are many legal highs that you can get when you shop for them in the right places. The best way to shop for Mephedrone is to buy Mephedrone online. This way, you can get the product delivered discreetly to your door. You can also be sure that you are getting the right product when you choose to purchase in this manner.

Head shops online sell different types of products that are comprised of legal substances that are not under mandate by the federal drug laws. These substances can produce the same effects as some of the illegal drugs that people use, but without the risk of spending time in jail for possession. In addition, because these drugs are made from legal substances and readily available, they are cheap. If you buy Mephedrone, for example, you will find that the price for this substance is a lot less than what it would cost you for a similar, illegal drug that produces the same altered state of being. Many people who want to use club drugs in a recreational way are using Mephedrone for this purpose.

Legal weed and legal highs are widely available online. Many sites even offer same day shipping and have the product delivered right to your door. If you are in the habit of looking for street drugs, you have a safer alternate when you choose legal substances that will give you the same thrill but without the risk of breaking the law. You can stay within the current drug laws in this way and still enjoy yourself at parties and clubs by getting products such as Mephedrone, divinorum, legal weed and bud and many other products that act in the same manner as drugs like cocaine, LSD and ecstasy. What’s more, because they are legal to have on your person, you do not have to worry about a drug bust if you are caught carrying them around or purchasing them.