Blog - Page 5 of 8 - Rubino Findley

20Apr 2021 by Pat Geddie

How Can You Know the Value of Your Business?

Knowing how much your business is worth is important for a number of reasons, including: You are considering a corporate transaction. You are engaging in estate planning. You are insuring your business. Either way, business valuation can be challenging, especially when much of your company consists of illiquid assets. There are a number of ways to value your business. Here are three ways to know what your company is worth: Earnings Assets Cash flow Earnings Method The value of your business could depend on how much money you make. A prospective buyer would be willing to pay for future earnings. They would use a certain multiple of your earnings or revenues as a guide for how much to pay. Buyers would not just be looking at what you made last…

20Apr 2021 by Pat Geddie

What Happens if You Become Ill or Die Without an Estate Plan?

Estate Planning

Lawyers often tell clients about the risks of not having an estate plan in place. This is more than just a scare tactic to generate business. Attorneys know what your family is facing without estate planning documents to guide them. A will or trust is a way for you to assert your own control over your assets and estate. Without these, the state would assume all control. Your property would end up in probate court, and it would be a judge who makes all decisions about your property. The judge would apply Florida state law to divide your property, and it may not be in accordance with your wishes. The Court Decides Asset Division Usually, it is the spouse and children who have first priority, but the division between them…

15Mar 2021 by Pat Geddie

Steps to Starting an Online Business

Business Law

Many bricks-and-mortar businesses faced serious struggles during the pandemic, and some owners looked toward online business as a solution to protect their futures. If you have an idea for an online business or are making the transition to online transactions, you can have more security should another natural disaster or unexpected situation arise. Online companies are still companies that have many legal concerns and compliance requirements. Even though you don’t have to find the right commercial property to lease, you should not ignore the other steps you should take. Always have the guidance of a Boca Raton business startup attorney. Choosing a Company Name Online companies should put particular thought into selecting the business name. You want to make sure the name is available for registration in your state, as…

15Mar 2021 by Pat Geddie

Taking Action for Trade Secret Theft

Business Law

Trade secrets are critical assets for many businesses, and even with all of the proper protections, employees or competitors can still steal trade secrets and misuse the information for an unfair advantage. If your company had any trade secrets stolen, you should discuss the legal action you should take with a Boca Raton business litigation attorney right away. Relief for Trade Secret Theft In order to have legal rights to protect your trade secrets, you must ensure the information is not easily accessible and is treated as confidential within your organization. This includes having those with access sign non-disclosures agreements, having information password-protected, and more. If you properly protected your trade secrets, you can take action if someone misappropriated the information under state law. You can file a claim with…

15Mar 2021 by Pat Geddie

Common Spring Break-Related Injuries

Personal Injury Attorney

Spring break is here in March and April for schools and universities across the United States, and you can expect many people to arrive in Florida for vacation. Whether you are on a family vacation or a trip with your college friends, it is important to stay aware of injury risks on spring break. Car Accidents If you take a road trip, there is always the risk that you can be involved in a crash. Fatigued or distracted driving are common among traveling highway drivers, and these can both lead to collisions. In addition, with alcohol being so prevalent for many spring breakers, you should be aware of the increase in drunk driving in the Boca Raton area. Drunk drivers of all ages can cause serious accidents that result in…

15Feb 2021 by Pat Geddie

Does Your Business Have a Buy-Sell Agreement?

Business Law

Many people have brilliant business ideas, but they are unsure of what agreements and documentation they should have in place to protect the owners’ rights and interests. A common misconception is that a buy-sell agreement is one needed when you are purchasing or selling a business. In reality, it is an agreement that all multi-owner companies should have. A buy-sell agreement is also commonly called a buyout agreement, as it dictates the rights of other owners to buy out one owner’s interests under certain circumstances. For example, one owner’s interests might be vulnerable due to: Divorce Bankruptcy Retirement Incapacitation Death The last thing many owners want is for a spouse or someone else who has never been involved in the business to then have a stake and a vote. Instead,…

15Feb 2021 by Pat Geddie

Do You Need a Lawyer to Draft a Will?

Estate Planning

When you decide it’s time to draft a will, it is natural to wonder whether you need to seek help from a Boca Raton estate planning attorney or whether you can handle the matter yourself. A will might seem like a fairly straightforward document, and you can find will forms on the internet, so many people decide to draft one themselves. Unfortunately, this can cause problems for your family members and might fail to properly achieve your estate planning goals. Like any other state, Florida law sets out specific requirements for a valid and legally enforceable will. Once you pass away and your will is submitted to probate, it can be declared invalid by the court if it does not meet these requirements and/or if someone successfully challenges the will.…

15Feb 2021 by Pat Geddie

Did Your Loved One Die in a Fatal Car Crash?

Personal Injury Attorney

Millions of people suffer injuries in car crashes every year in the United States, and tens of thousands of people do not survive their injuries. No family wants to receive the news that a loved one tragically died in a car accident, but this happens on an all-too-regular basis. The loss is devastating, and if someone else caused the crash, it is only natural to want justice and recovery for your unexpected losses. Florida - like every state - has laws giving family members the right to file a wrongful death claim under certain circumstances. This right arises after a death caused by another party’s: Negligence Breach of contract Default Wrongful act Car accident fatalities can qualify as wrongful death if they happen due to someone’s negligence or criminal act,…

04Jan 2021 by Pat Geddie

Were You the Victim of Insurance Bad Faith?

business law FAQ

Many Florida residents are all-too-familiar with insurance claims, whether they are for property damage from hurricanes, personal injury protection (PIP) claims after a car crash, or others. The insurance process can be a hassle, but claimants can often ultimately receive their settlement payments with the right legal help. Sometimes, however, insurance companies refuse to pay out on valid claims or cause completely unnecessary delays or complications for claimants. This can constitute insurance bad faith, which is unlawful in Florida. If you believe you might be the victim of insurance bad faith, you should speak with an insurance disputes lawyer in Boca Raton as soon as possible. Claims for Bad Faith There are different situations that can lead to bad faith claims, including: The insurance company failed to sufficiently investigate your…

04Jan 2021 by Pat Geddie

Review Your Power of Attorney for 2021

Estate Planning

A new year offers a great opportunity to take a step back and review your current estate plan and make any necessary changes. This certainly applies to any powers of attorney that you have in place. In the event that you do not have a power of attorney, a new year is a great chance to determine whether you need one and, if so, execute one. To learn more, call a Boca Raton estate planning attorney today. What is a Power of Attorney? Powers of attorney allow you to designate a person to make decisions on your behalf in the event that you are unable to do so yourself. When you execute a power of attorney, you are referred to as the principal, and the person authorized to act on…

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561.781.8250

How Can You Know the Value of Your Business?

What Happens if You Become Ill or Die Without an Estate Plan?

Steps to Starting an Online Business

Taking Action for Trade Secret Theft

Common Spring Break-Related Injuries

Does Your Business Have a Buy-Sell Agreement?

Do You Need a Lawyer to Draft a Will?

Did Your Loved One Die in a Fatal Car Crash?

Were You the Victim of Insurance Bad Faith?

Review Your Power of Attorney for 2021

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