Recent Blog Posts
B Corporations and Maryland Law
Some people, especially when they are in Internet troll mode, seem to think that businesses are the only way to accomplish anything, while others seem to take the attitude that businesses are the root of all evil. When you ask enough thoughtful questions to members of the latter group, though, they are usually willing… Read More »
Are Revocable Trusts Overrated?
Financial planners advertise revocable trusts as though they are an aspirational product, and they are beneficial to people who establish them for the right reasons. If you are setting up a revocable trust because someone told you that all the financially savvy people are doing it, or because a financial planner offered it to… Read More »
Auto Repair Shop Sues Insurance Companies for Scaring Away Customers
The purpose of carrying insurance is to avoid financial catastrophe in the event of an unforeseen hardship, but insurance companies manage to make their claimants go through plenty of hassles before they get any financial relief. Consider that “don’t get sick” is the best financial advice both for people with health insurance and for… Read More »
Earnest Money in Real Estate Transactions
Earnest means serious or sincere; earnestness is a desirable but rare quality in the parties to discussions about financial transactions. How many entrepreneurs strike up a conversation at happy hour in which they plan to join forces to buy the moon and stars and turn them into luxury condos or a mixed-use district but… Read More »
If You Placed a Child for Adoption, Can He or She Inherit From You?
Estate planning lawyers often say that you should never write a will when you are angry, but writing a will when you are angry is better than not writing one at all. Even if you wrote your will just to make sure that your cheating spouse or your ungrateful youngest daughter didn’t get a… Read More »
New Maryland Law Restricts Noncompetes in Medical and Veterinary Professions
It only makes sense that big businesses hire lawyers to review contracts that could enable them to gain millions of dollars or, if things go wrong, to lose millions of dollars; some have lawyers on staff whose duties consist mainly of drafting, reviewing, and modifying contracts. Even if yours is a small business with… Read More »
What Does D.C.’s New Affordable Housing Complex Mean for Your Entrepreneurial Plans?
Even if you are not a big-time player in commercial real estate, a major real estate project in your area influences your plans for your business. The residents and commercial tenants of the new complex will need groceries and other consumer goods. Some of them will commute to work, unless the new real estate… Read More »
Encouragement for the Retirement Averse
Some people fear old age but look forward to retirement, but you are the opposite. You have never understood the FIRE movement, which stands for “financial independence, retire early.” The Great Resignation makes no sense to you. Why would people quit their jobs when they do not have another job lined up or enough… Read More »
Finally, Some Affordable Housing for Grandfamilies in D.C.
Online advice about preparing for retirement could stand to be more inclusive; it tends to focus on a small subset of retirees and to ignore major changes to the financial circumstances of many Americans. For example, if you go online to get ideas about what to expect in retirement, most of the articles and… Read More »
Are You Issuing Predatory Loans to Your Employees?
D.C. is one of the most expensive cities in the country, and you like to think that you are doing your part to contribute to the prosperity of its inhabitants by operating a small business where you sell your products or services to customers at affordable prices while paying your employees a fair wage. … Read More »
