While you can change your will any time you want to, you only get one shot to get it right. Once you’re gone, no one can ask you how an error in your will should be resolved, and this could cause your family huge legal headaches and possibly cause a relationship destroying fight. Before starting your will, make sure you understand the common ways that all or part of a will could be invalidated so that the same thing doesn’t happen to you.
Forgetting to Sign
A will must be signed to be legally valid. Otherwise, there is no way of telling who wrote a will. In some states, a handwritten will might be accepted without a signature if and only if two conditions can be met. First, the will has to be matched against known handwriting samples. Second, there has to be other evidence that the will was intended …Read More
The world of intellectual property is fascinating and omnipresent. Every day, we are affected by copyrights, trademarks, and patents, even when we don’t actively think about them. Massive court cases rage over millions of dollars as colossal corporations vehemently disagree about infringements, legitimacy, and dilutions. Whether you want to file your own or are simply interested in the subject, here is an introduction to patents:
What is a patent?
A patent is an exclusive right that is awarded to the creator of an invention. In this context, an invention is a product or solution which solves some existing problem. A patent allows the holder to prevent other individuals or entities from creating the invention. Patents last 20 years from the date they are created and may be transferred to other individuals or even totally abandoned.
The purpose of a patent is to publicize knowledge in exchange for some sort of …Read More
You’ve started a new business and you’ve spent days, weeks, or even months agonizing over your new company’s trademark. You expect your trademark to visually connect your product or services to your business, communicate the value of your company to potential customers, and help you gain and retain the loyalty of your clients. That makes your trademark vitally important. Avoid making these common mistakes with it.
1. Believing in the “poor man’s trademark” symbol.
Simply putting a “™” next to your trademark won’t stop someone else from applying for federal protection of the same trademark — and getting it. The small “™” symbol simply puts your competition on notice that you consider something to be your trademark. If you want full federal protection and exclusive rights to your trademark, you need to go through the process of filing with the U.S. Patent And Trademark Office.
2. Forgetting to research …Read More
In the last two decades, two cases of business ethics gone bad have made the headlines. The news was so big, it went on for months, and viewers could not help being glued to their TV sets for the details. The facts were so unbelievable, especially since they surrounded such major public figures. The whistleblowers received their twenty minutes of fame, too, and could not have survived the press coverage if it was not for their lawyers. The whistleblower lawyers were necessary for the following reasons.
When Whistelblowers Become Scapegoats
Quite possibly the most infamous case in the last decade, Enron’s CEO kept looking for a way out of his illegal activities. When Sherron Watkins blew the whistle on what was happening at Enron, she made the mistake of going it alone. She had no one with her to back her up and witness the conversation, nor did she hire …Read More
If you’re starting your own corporation, you might think that hiring the help you need is a matter of finding the best qualified candidates for the job. In this day and age, employers need to perform background checks on those they hire, no matter how impressive their resume is. Additionally, many criminals can be masters of deception during an interview. This guide explains the benefits of background checks that you can hire right person for the job.
Benefit #1: Reduced Liability
As a businessperson, you are liable for the products or services that you sell to the public. Depending on what your business is, your company could be sued if one of your employees is a felon and injures one of your customers. If you have one of the following types of businesses, you may be required by your state to perform background checks on potential employees:
A number of marketplace websites have popped up to make it easy for you to sell homemade goods inspired by your own designs or your favorite musicians, shows or movies. But if you’re wanting to sell things online, you also need to understand some basics about trademark law in order to protect your own designs and make sure you don’t infringe on the trademarks of others and wind up on the wrong side of the table from a trademark attorney.
Stating “Inspired by” and Rewording Don’t Excuse You from Trademark Infringement
Say you’ve made some adorable necklaces bearing the logo of some famous ninja master turtles. You might think that you can sell these toys online as long as you either write “inspired by” or the more generic name of “fighting turtles” instead of the real name. Surely clarifying that you’re not an authorized seller is enough protection?
Unfortunately, that’s …Read More