Articles Posted in Uncategorized

4 Essential Legal Agreements No Business Should Be Without
The Lineage & Legacy Law Firm, PLLC Team

When starting a new business, putting the right legal agreements in place is crucial for protecting your assets and relationships. Yet far too many new business owners put off—or even entirely overlook—creating these vital documents. You might not even know which agreements you need. The following 4 agreements are among the most essential legal documents…

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How Will a Recession Affect Your Family?
The Lineage & Legacy Law Firm, PLLC Team

As you’ve surely heard by now, we’re in the midst of great economic shifts. The collapse of the crypto market, the roller coaster that is the stock market, rising interest rates, dropping home values, and inflation through the roof—it’s enough to make you sick. And it can make you sick unless you take the actions…

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4 Strategies to Turn Your Side Hustle into a Booming Business
The Lineage & Legacy Law Firm, PLLC Team

Whether you are starting your very first company or you are an established business owner looking to develop a new income stream, creating a side hustle can be the ideal way to get a new business venture started. By developing your business as a part-time side gig, you can greatly reduce the personal and financial…

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How Your Choice of Business Entity Affects Your Tax Obligations—part 2
The Lineage & Legacy Law Firm, PLLC Team

Along with personal liability protection, record-keeping requirements, and how you plan to finance your operation, one of the main factors to consider when choosing an entity structure for your business is deciding how you want your company to pay taxes. Your choice of entity will not only determine the rate at which your business is…

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How to Manage Your Digital Accounts After Your Death—part 3
The Lineage & Legacy Law Firm, PLLC Team

If you have preferences about what happens to your digital footprint after your death, you need to take action. Otherwise, your online legacy will be determined for you—and not by you. If you have any online accounts, such as Gmail, Facebook, Instagram, LinkedIn, Apple, or Amazon, you have a digital legacy, and that legacy is…

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How Your Choice of Business Entity Affects Your Tax Obligations—part 1
The Lineage & Legacy Law Firm, PLLC Team

Along with personal liability protection, record-keeping requirements, and how you plan to finance your operation, one of the main factors to consider when choosing an entity structure for your business is deciding how you want your company taxed. Your choice of entity will not only determine the rate at which your business is taxed, as…

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How to Manage Your Digital Accounts After Your Death—part 2
The Lineage & Legacy Law Firm, PLLC Team

If you have preferences about what happens to your digital footprint after your death, you need to take action. Otherwise, your online legacy will be determined for you—and not by you. If you have any online accounts, such as Gmail, Facebook, Instagram, LinkedIn, Apple, or Amazon, you have a digital legacy, and that legacy is…

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10 Pitfalls to Avoid with Your Company’s Legal Agreements—part 2
The Lineage & Legacy Law Firm, PLLC Team

Agreements are the heart of your business. Indeed, your entire business is one vast series of agreements: agreements with investors and lenders, clients and vendors, employees and contractors, as well as partners and customers. Yet, despite the critical role they play in a company’s success, far too many business owners fail to take their agreements…

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