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Rental Property Protections of an LLC

You May Want the Rental Property Protections of an LLC

Rental property can be a good investment, and that investment can benefit from protections of an LLC. Owning property and renting it out can be a good way to make money. It is also a relatively safe long term investment. Of course, owning and leasing out property means some degree of risk. Many people may […]

Non-Compete Agreements – When are they Enforceable?

As a business owner, you’d probably like to limit your former employees from taking the skills, information and “know how” learned at your company to a competitor. You may be able to accomplish this feat by having them sign a non-compete agreement or restrictive covenant during the hiring process— but beware! Colorado law is quite […]

Why you need written agreements with your business partner!

As business attorneys, we are routinely surprised how often successful business partners do not have agreements governing their business relationship.  Before people get married, they usually give a good deal of thought to whether their partner is right for them. They may take months or even years, to see if what they have with the […]

5 Things to know when you Receive Stock Options or Stock Awards

If you company has offered you stock options or other stock awards, here are five things you should know: 1.  Lower Salary Now Stock options give you equity, or an ownership share, in the company. Usually if a company offers stock options, it’s because your base salary will be lower than the average for your position […]

Closely-Held Business Planning

Most businesses in the United States are small, closely-held or family owned companies. However, due to insufficient estate, insurance, and succession planning, many of these businesses do not survive through multiple generations. Small-business owners can find themselves preoccupied with the day-to-day workings of their business, but it is important that they talk to an attorney […]