Part of being in business is risk management, which means trying to keep your business from being sued. If you're branching out from a sole proprietorship or family-owned business for the first time and hiring employees, one of the most critical things that you need to understand is that you are responsible for everything that your employees say or do under a doctrine of the law known as "respondeat superior." There are limits, however, on how far the liability goes.
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Once you have planned your estate, you need to keep updating your retirement account beneficiaries if you want your estate to go to the right people. Even if you have the best plan, your assets can end up in the wrong hands if you fail to update your beneficiary's designations. Although you can change your beneficiaries at any time, it becomes necessary if the following circumstances apply:
A Beneficiary Becomes Disabled
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If you plan to start a business in the near future, you will more than likely not know all of the legalities involved with owning a business. There are business attorneys available who are very knowledgeable when it comes to business law who could help you learn everything you need to know and help you with some of the essential legal aspects of owning a business. The guide below walks you through a few of the ways that the business attorney can help you ensure you start your business off on the right legal foot.
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With the tough economy, many people are looking for creative ways to increase their income. For those with a large home (or those with a separate mother in law house), dividing a part of it into a separate rental unit may seem like a good idea. However, if you don't want all of your earnings, and possibly more, to be lost in a lawsuit, you need to fully understand the laws in this area.
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If you have been considering a lawsuit in order to get the money that you deserve, then you probably know that you have a pretty long road ahead of you. Not only do you need to gather all your evidence, but you need to make sure that you abide by the rules and regulations of your state. This can be pretty tricky, since many states have unique and conflicting laws. To help you out, here are some of the specific laws that you will need to follow when it comes to personal injury lawsuits in North Dakota:
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