Category - Do it Yourself

Using prescriptions and legal documents intended for others are both really bad ideas!!

May 21, 2018

You may get lucky using a prescription drug intended for another person, and likewise, you may use a legal document prepared for someone else without any immediate repercussions.  But neither is a wise choice and why would you want to rely on being lucky?   If I put ten adults in a room and asked them to […]

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The value of expertise–a recurring theme

January 2, 2018

The cost of screws and a metal plate is not the proper test of value for a surgical procedure. This is not a new subject. Rather, it is a repeated theme. There seems to be a common disconnect between experience and expertise on the one hand and price and value on the other hand–at least […]

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Secrets of “THE LAW”

July 21, 2017

If you meet an attorney claiming to know THE LAW, find a different attorney. There are many misconceptions in the world of lawyers and law stuff. A great many. One of the most prominent is the mistaken belief that just because someone has a law degree and has passed a bar exam that person knows “THE […]

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Single Member LLC–what, why and when?

December 30, 2016

What is a single member LLC and why would you want one? We have previously written a fair amount on LLCs generally, including what they are and why they can be useful legal entities. This post will focus on single member limited liability companies. As the name indicates, a single member LLC has one owner–and […]

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lenders and LLCs–rental property stuff

December 19, 2016

It is usually a good idea to own rental property through an LLC. As the name suggests, an LLC is designed to limit liability. Think of a limited liability company as a legal liability firewall vehicle. In other words, if some sort of legal claim arose from the operating of your rental property (say a […]

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Buy-Sell Agreements: Mistakes to Avoid (Part 2)

August 27, 2016

A buy-sell agreement can provide essential protections for business owners. Don’t take my word for it, listen to the contributing writers at Forbes.com. Though this article is not new, the applicability of the February 2011 article by Robert W. Wood, titled “In Business, Get a Buy-Sell Agreement!” has not changed. You can click here to […]

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The similarities between knives and powers of attorney

August 11, 2016

Are knifes dangerous or useful instruments? That depends on how they used and for what purpose (and by whom). Most of us would not see a typical kitchen knife and immediately have feelings of panic and fear.  We understand that kitchen work often requires the use of knives.  And it is difficult in most instances to prepare […]

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begin with the end in mind–Covey’s wise counsel applies in business arrangements

June 27, 2016

At the outset of a promising business venture, nobody wants to think about how it will eventually end. However, that is exactly the time to consider such things. Perhaps too somber a thought for a Monday morning, but the reality is that “all good things must come to an end”. On the bright side, the […]

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An LLC as a legal liability firewall (Part 2)

June 9, 2016

It is important to start any venture the right way and the formation of a LLC is no exception. While it is sometimes possible to correct mistakes later, it is not always possible to undo all damages caused or save the money that was spent in cleaning up messes created by improper actions. This is part of a multi-part discussion […]

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The value of the surgeon

May 20, 2016

Are you paying for the surgeon or the scalpel? We all have knives at the house. Some of us even have surgical scalpels (or other very sharp instruments). Likewise, many of us have access to medical supplies. Why then do we not just perform surgery in our homes, especially in this world of “do-it-yourself” […]

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