Limited Liability Company May Protect Your Assets from Creditors Careful Planning Can Minimize Your Risk
A large component of asset protection planning is designed to help protect your business and investment assets from claims by your personal creditors. If you have a corporation and a creditor gets a personal judgment against you, the creditor can seize the stock of your corporation. If you are the sole owner and your business is held in a corporation, it can be taken over and operated, managed or … Read More
Business Succession Planning
While developing a business succession plan is essential for every business, it is often lost in the day to day focus of business operations. It is vital for family owned or closely held businesses to have a clear, concise and documented succession plan. Family owned businesses may provide unique challenges. Typically, the founders would like to pass the business to their children, regardless of their skills or … Read More
Planning for the Future of Your Business
In an economic downturn, individuals and business owners may question whether or not it is a good investment to spend time and resources on an estate or business succession plan. Actually, it is an excellent time. First, business may have slowed down enough for the owners to focus on the next generation ownership and secondly, your estate may be able to take advantage of lower valuations to transfer assets. … Read More
Health Care Power of Attorney and Living Wills
No one wants to contemplate becoming seriously ill or disabled, but the reality is this difficult subject needs to be addressed with spouses, significant others and family members. It is important to make decisions regarding what wishes are while healthy. The Arizona Secretary of State allows you to register, free of charge, living wills and medical power of attorneys on their web site. Simply go to … Read More
Does Marijuana Cure Headaches?
The Arizona Department of Health Services (AZDHS) is considering adding Migraines, Post-Traumatic Stress Disorder (PTSD) and Depression to the list of debilitating conditions that qualify individuals for a Medical Marijuana card. All three medical conditions have been through a review process and the AZDHS will be deciding whether to include them after a public hearing which will … Read More
Let your web developer deal with it
Copy and paste … Read More
Is My Domain Name a Trademark?
This is not only a common legal question but also a great question as the answer is - it depends!
A domain name simply is an address on the Internet. Computers find web addresses by a series of numbers known as an IP address. To make the process more user friendly, the numbers are matched to words that, hopefully, can be easily remembered. The best and most valuable domain names are very … Read More
Do I Have to Appear in Court or Testify in My Divorce Case?
It is not essential that you ever appear in Court (or before a Judge) in your divorce case. In the vast majority of cases, the parties never appear in court for any hearings or a trial on the merits.
Maricopa County cases typically require a simple status conference - known as a Resolution Management Conference ("RMC"). This is merely an opportunity for the Court to become familiar with your case and … Read More
Should You Modify Your Child Support Obligation?
In order to qualify for modification of your child support obligation, Arizona Revised Statute §25-327 requires changed circumstances that are considered both substantial and ongoing. Typically, from a mathematical point of view, a 15% change is generally regarded as satisfying this requirement - whether an increase or a decrease.
Typically, child support may be modified when one or more of the following … Read More
How is Child Support Calculated in Arizona?
In Arizona, child support is calculated pursuant to the Arizona Child Support Guidelines under Arizona Revised Statute §25-320. However, it is the data inserted into the Guideline calculation which will determine the amount of child support to be paid.
There are a number of variables which will determine the ultimate child support amount. The following factors are typically considered:Income of each party; … Read More