Asset Protection 101: What You Should Know
Michaelson Law Blog
by postlaunch
1M ago
With over 40 million lawsuits filed annually in the United States, it’s essential to know how to protect your valuable assets and take action to protect them. Here’s what you need to know about asset protection. What is Asset Protection? Asset protection is a set of strategies intended to protect property from being seized by creditors. Asset protection strategies include trusts, LLCs, umbrella insurance, and prenuptial agreements. Protecting your assets is especially important if you’re in a high-risk occupation or have assets of significant value. What is an Asset? An asset is value property ..read more
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Protecting Seniors from Financial Exploitation
Michaelson Law Blog
by postlaunch
1M ago
In an era where the financial security of our seniors is increasingly under threat, understanding and safeguarding against financial exploitation has never been more critical. Each year, countless elders fall victim to a range of financial scams and abuses, often perpetrated by strangers and, distressingly, by those they trust. These scams exploit seniors’ trust and lack of internet savvy or manipulate their fears, often leading to significant financial loss and emotional distress. Legal strategies play a crucial role in safeguarding seniors against financial exploitation by providing robust m ..read more
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Signs of Age Discrimination in the Workplace
Michaelson Law Blog
by geoff radcliffe
1M ago
Age discrimination within the workplace may be subtle or be covered by jokes, but it’s still very real, and you can do something about it once you know what to look for! Here are eight signs of age discrimination in the workplace and what you can do about it. What is Age Discrimination? The Equal Employment Opportunity Commission (EEOC) defines age discrimination as when an employee or job applicant is treated less favorably because of age. Age discrimination can happen to younger and older people, but only people over age 40 are protected on the national level through the Age Discrimination i ..read more
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10 Reasons to Keep an Attorney on Retainer for Your Business
Michaelson Law Blog
by postlaunch
3M ago
Between 35% and 53% of small businesses in the United States are sued annually. However, only about half of these businesses sought out the help of a business attorney. Having a business law attorney on retainer for your small business is essential. It can help you with common legal challenges such as debt collection, employee theft, tax audits, etc. Here are ten reasons to keep an attorney on retainer for your small business. Ten Reasons to Keep an Attorney on Retainer Smooth Business Operations A significant benefit of hiring a business attorney for your small business is to keep your busine ..read more
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New Federal Mandate for Businesses
Michaelson Law Blog
by geoff radcliffe
3M ago
Our team at Michaelson Law would like to inform you of a new federal mandate issued by the Financial Crimes Enforcement Network (FinCEN) of the U.S. Treasury that will require most companies to provide personal information for each beneficial owner. The purposes of the requirements, which become effective January 1, 2024, and demand compliance within that calendar year, are to assist with investigations surrounding money laundering, criminal activities, human trafficking, and tax evasion.  Penalties for Noncompliance A company that fails to submit the required report or a subsequent amend ..read more
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Secure Your Future: Creating an Estate Plan as a Young Adult
Michaelson Law Blog
by postlaunch
4M ago
Entering adulthood is an exciting time! You have your whole life ahead of you, with a lot of time to establish yourself and your legal and financial plans. You’re probably not prioritizing your assets and how they’ll be handled after death, but getting a few essential documents in place while you’re young will give you peace of mind and prevent financial mishaps. What is Estate Planning? Estate planning is creating a clear plan for preserving your wealth and assets while alive and distributing it after your death. Creating a plan can help you achieve your personal and family goals while making ..read more
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Michaelson Law Ranked in 2024 “Best Law Firms”
Michaelson Law Blog
by Grace Michaelson
5M ago
U.S. News & World Report and Best Lawyers®, for the 14th consecutive year, announce the U.S. News – Best Lawyers® “Best Law Firms” rankings. Michaelson Law has been ranked in the 2024 U.S. News – Best Lawyers® “Best Law Firms” list regionally in 1 practice area. Firms included in the 2024 U.S. News – Best Lawyers® “Best Law Firms” list are recognized for professional excellence with persistently impressive ratings from clients and peers. Achieving a tiered ranking signals a unique combination of quality law practice and breadth of legal expertise. The 2024 edition of U.S. News – Best Lawye ..read more
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Essential Resources for Nevada Veterans
Michaelson Law Blog
by geoff radcliffe
5M ago
Many United States Veterans face unique challenges that can be hard to overcome. It can be difficult to transition to civilian life and to manage post-service challenges like PTSD, a physical injury, or addiction. Nevada has many resources and programs to help our current and past service members live happier lives and see a brighter future. Nevada Department of Veteran Services The Department of Veteran Services in Nevada helps connect veterans to resources to help improve their lives with programs that help submit benefits claims, access nursing services, plan a military burial, and transiti ..read more
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What is a Power of Attorney?
Michaelson Law Blog
by postlaunch
6M ago
Many recognize that the legal realm contains thousands of documents for countless legal matters. We always advise you to consult a qualified attorney for your legal needs to ensure the proper care of you and your loved ones. One critical document is the Power of Attorney, or POA, which we’ll detail below. What is a Power of Attorney? A power of attorney, or POA, grants legal authorization to a designated person (an agent) to act on another person’s (the principal or grantor) behalf. The agent receives general or limited authority to decide on the principal’s property, finances, investments, or ..read more
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Voluntary vs. Involuntary Guardianship: Key Differences Explained
Michaelson Law Blog
by trevor@shiftframe.com
7M ago
Guardianship may be necessary to ensure your parent or other family member is protected and receives the care they need. There are a lot of layers to guardianship, and our experienced attorneys at Michaelson Law are here to help! We will peel back a layer and share one part of guardianship: voluntary versus involuntary. What is Guardianship? Guardianship involves a court-monitored procedure where one assumes legal responsibility for an individual’s well-being or financial affairs when the individual becomes incapable of managing these matters. The guardianship role can be appointed voluntarily ..read more
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