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Tag: protection

Articles tagged as Protection

Business Entity Mistakes - Criminal Conduct and Independence

Posted on May 12, 2024 by Michael Smith
In this age of information, most small enterprises understand they want the protection supplied by a corporation or limited liability company.Such protection, however, could be lost though certain actions.Criminal ActionCreating a small business entity only protects a small business and shareholders from civil liability.Civil liability comes from a body of state and federal law which allows for compensation for alleged wrongs...

What is Intellectual Property?

Posted on May 12, 2022 by Michael Smith
Intellectual Property is the product of your thinking which may be used for commercial value.To put it differently, you think about a song and write down the words - you have the legal right to stop others from copying or making a song based on your lyrics.This right you have can make you money if someone is willing to pay you for your tune.Maybe your boss asked you to write a computer program.Who owns the work? You might have designed a new mouse trap and have the design on computer...

Is Asset Protection Legal?

Posted on April 13, 2022 by Michael Smith
Maybe you've heard of or seen Hollywood's portrayal of Swiss Bank accounts, Offshore Trusts and Corporations, and Tax Havens of the rich and famous as jet setting moguls live mysterious yet exciting lives.But in real life, although these same financial structures (most administrated by reputable and legal banks), have been around for centuries, there are still many folks who consider the above strategic asset protection entities as illegal...

Protect Your Business With Non-Disclosure Agreements

Posted on October 10, 2021 by Michael Smith
Every business should protect proprietary information when dealing with independent contractors, vendors and other companies.The best way to do it is to use a non-disclosure agreement, frequently known as an"NDA."What's an NDA?An NDA is an agreement between two parties to safeguard confidential information disclosed in a business transaction.The proprietary information can include business procedures, financing, customer lists, and anything that is not already readily available in the public arena...