Written contracts are one way that you can ensure both you and the other party involved have the opportunity to understand what your agreement includes. It can also protect you if the other party decides to act against what you had both decided. Unfortunately, many...
It's easy to imagine executives at corporate giants grooming successors and worrying about the legacy they're leaving behind. However, succession planning is actually important for businesses of every size in the Detroit, Michigan, area. Without a plan for how to pass...
If you fail to live up to the terms of a valid agreement, a Michigan judge may find you to be in breach of contract. The types of penalties that may be levied against you depend on whether the breach was considered to be material in nature. There are several defenses...
The New York Times reports a downward trend in the national divorce rate. After the year, the country experienced and tensions raised by significant isolation; this change appears counterintuitive. But is it? A tale of two Marches Last March, Americans across the...
Severance packages and separation agreements recently entered the spotlight thanks to a slate of proposed legislation. It is not uncommon to see these tools put to use as businesses and professionals part ways. However, their use in the public sector can bring up...
Marriage could start to fail for any number of reasons. Michigan couples may now face challenges from something unheard of decades ago: social media. Social media platforms provide many benefits, and people using social media could engage in business activities, find...
Even if you plan on running your Michigan company for years to come, it is important to have a succession plan in place. Having such a plan can make it easier for the business to survive if you should be forced to step down suddenly because of an injury, illness or...
If you want to open a business, you'll have to undergo a series of steps before the government issues you a business license. Owning a business license means that your business is legally allowed to operate in the state of Michigan. You might want to hire an attorney...
One of the most common mistakes made by Michigan companies is not ensuring that their contracts are enforceable. The fact is that not all contracts are in fact binding. Thus it is important to understand when you must enforce a contract. What exactly is an enforceable...
If you didn't sign a prenup when you first got married in Michigan, it's too late to sign one when you start thinking about divorce. You'll have to figure out other ways to protect your assets when you and your former spouse start dividing up your properties. The...
