Legal Updates

Co-owners of a business may face conflicts in their relationship from time to time. Similarly to marriage, professional relationships like this take a great deal of time, effort, respect, and communication to keep things running smoothly. When you and your business partner clash, you may be wondering what you can do.

Estate planning is a decision that protects your wishes and your loved ones. It can help you prepare for the future, accounting for events that you might not see coming. Unfortunately, only 24% of Americans have a will, and most of those people are over the age of 55. Estate planning is often low on the list of priorities for many young people, as it is often seen as something that will matter much further down the road.

Your estate plan should reflect your current situation and goals pertaining to finances, assets, family, and philanthropy. Because circumstances can change after creation of the initial plan, your finances or wishes may change as well. Estate planning attorneys recommend reviewing your plan every few years so that you can make updates as necessary.

Charitable giving is one of the most meaningful parts of an estate plan. For anyone who wants to support local nonprofits, fund scholarships, or leave a legacy that reflects their values, strategic charitable planning can make a significant impact and ensure that their wishes will be met.

Estate planning involves the organization and distribution of assets and affairs upon a person’s instructions. Although it may seem like a distant concern, it is never too early to address these matters. Further, knowing that your loved ones will be taken care of can give you a sense of peace about the future.

Planning for the future is not only about protecting your finances; rather, it is ensuring that your loved ones are set up for success and your wishes are honored. A significant part of this process is choosing a trusted executor.

The New Year brings a natural sense of renewal and reflection, making it the perfect time to revisit your estate plan. Life is full of changes and meaningful moments that can significantly impact how you wish to protect and distribute your assets.

Family is an integral part of everyone’s lives. However, the importance of familial relationships is often understated or underappreciated. One of the beauties of aging is gaining a perspective that highlights what matters most to us. 

About 68% of Americans do not have a viable will or estate plan at the time of their passing. Not only does this create trouble for family members who are left behind, but it can also cause legal issues.

Under a new rule issued this past April, the Federal Trade Commission announced a ban on noncompete agreements between employers and employees. If the rule is upheld by the courts, the new rule may take effect as soon as September 4, 2024.

MB Law is thrilled to announce a significant jury trial victory for its trial team, attorney Jason D. Krueger, and paralegal, Megan Deas, after a week-long jury trial in Denver District Court. After two years of diligent preparation and unwavering dedication, our team successfully defended a commercial roofing client in a complex legal battle against claims brought by a general contractor involving a project owned by the State of Colorado.

This article is a summary of the upcoming Colorado Privacy Act and its potential impacts on Colorado businesses and business owners.