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Sister Wives, Business Plans, and Branding

(This article uses an episode of Discovery Plus’s popular show, Sister Wives, to illustrate a point about the importance of proper business planning. Any implications about the actors’ inner lives...

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Before You Sign: Examine Your Contract!

“Just sign here.” The three little words that can get you in big trouble if you do not fully understand what it is you are signing.  Whether it is a...

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Piercing the Corporate Veil

The so-called corporate veil is the legal designation of a limited liability company (LLC). The LLC designation is what offers business owners protection from legal responsibility for the company. When...

Important Clauses for LLC Operating Agreements

Important Clauses for LLC Operating Agreements

The Operating Agreement acts like a “partnership agreement” between the owners of a LLC. Important clauses for LLC Operating Agreements are critical, and a well-written and customized Operating Agreement for...

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VARA: How Artists Can Protect Their Rights

As business attorneys, we frequently deal with copyright questions related to graphic arts and other commercial artwork.  Usually this means putting agreements in place to make sure everyone owns the...

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What is an Estate Plan?

In my years working as a Trust Officer, my clients would ask how often they needed to review and update their “estate plan”. For the wealthiest of that group, an...

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NM GRT is Changing Again on July 1, 2016!

New Mexico Companies – Your Gross Receipts Tax is Changing Again! Do you know what your Gross Receipts Tax (GRT) is? As a business owner, you are responsible for knowing...

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Can You Patent an Idea?

Can you patent an idea? Like most legal issues, the answer is not always straightforward. Or as they often say in the law, “it depends”!