Legacy Law Firm PC Blog
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We believe that every family and business deserves the strongest possible protection and control to make sure they are secure - no matter what. Our expertise in estate planning, elder law, and business planning allows us to guide clients through some of the biggest and toughest decisions.
Legacy Law Firm PC Blog
18h ago
Using beneficiary designations in your estate plan is a smart move with several advantages. When you designate beneficiaries for assets like life insurance and retirement accounts, you're ensuring a quick and smooth transfer of these assets directly to your loved ones without the delays and costs associated with probate ..read more
Legacy Law Firm PC Blog
4d ago
An operating agreement is an agreement between the owners of an LLC that sets forth the structure, management, decision-making process, and operating procedures for the business. Put another way, an operating agreement is a “How-to Guide” for how the LLC should be operated and managed ..read more
Legacy Law Firm PC Blog
6d ago
Amid recent reports from such prominent news outlets as The New York Times and Associated Press about the negative impact of Medicaid estate recovery on families, the idea of ending this practice altogether has resurfaced ..read more
Legacy Law Firm PC Blog
1w ago
It is generally a good practice to review the employee handbook with employees. The handbook is a crucial document that outlines the policies, procedures, and expectations of the company, and ensuring that employees are familiar with its contents can be beneficial for both the employer and the employees ..read more
Legacy Law Firm PC Blog
1w ago
Graduates, congratulations on your incredible achievement! As you embark on this exciting new chapter in your lives, we want to remind you of the importance of legal preparedness. One crucial aspect often overlooked is understanding powers of attorney ..read more
Legacy Law Firm PC Blog
1w ago
Inventors and businesses need to evaluate if they need patent protection for their core products and services. The costs of patent protection and the time required are significant and not to be entered into lightly. The analysis is based on two factors: patentability and business profitability ..read more
Legacy Law Firm PC Blog
3w ago
Through 2045, Baby Boomers will pass down assets worth roughly $84 trillion to Gen Z, Millennials, and Gen X. What constitutes a high-net-worth (HNW) inheritance? In the United States, that number averages nearly $750,000 per inheritor, but can be much higher ..read more
Legacy Law Firm PC Blog
1M ago
How can you safeguard your hard-earned assets from the unforeseen expenses of elder care? We've got the answer ..read more
Legacy Law Firm PC Blog
1M ago
The Federal Trade Commission (FTC) has issued a sweeping new rule that fundamentally alters the landscape of noncompete agreements in the workforce. The proposed rule represents a seismic shift in the legal landscape surrounding noncompetes, particularly in terms of how existing agreements will be handled and the parameters for future agreements.
Specifically, the rule stipulates that the vast majority of workers will see their current noncompetes rendered unenforceable. Existing noncompetes for senior executives—defined as individuals earning over $151,164 annually and holding policy-m ..read more
Legacy Law Firm PC Blog
1M ago
Workplace safety policies are a set of guidelines and procedures established by employers to create a safe and healthy working environment. These policies aim to prevent accidents, injuries, and occupational hazards, promoting the well-being of employees and complying with relevant safety regulations. While specific policies can vary based on the industry and jurisdiction, common elements of workplace safety policies include ..read more