Author Archives: David Toback
When Should a Gun Trust be Considered?
Of all the things that we think of leaving in trusts, or that we try to plan to make sure our beneficiaries receive, one thing is probably likely to slip someone’s mind when doing advance planning: guns. Despite where you stand on gun control, people own guns, they are property, some even have significant… Read More »
Be Careful of Misappropriation of Your Ideas or Property
Many of us don’t think we will have any issues with intellectual property (IP)—generally, copyright, trademark, or patent disputes. But what we often forget is that something as simple as an idea or concept often has some IP value. We tend to throw ideas, or information around all the time, without concern over who… Read More »
When to Consider a Special Needs Trust
If you or someone in your family is disabled, or has any kind of special need, you may want to consider a special needs trust (SNT). An SNT can be crucial to protect government benefits, and to ensure that people get the continuing care that they need in the future. Why Use a SNT?… Read More »
Simpson’s Creator’s Estate Plan May be Vague About Care For His Own Dog
We’ve written in the past about the importance of planning for pets when considering an estate plan. It turns out that even those with huge assets often forget to consider animals, or else, have estate plans that are vague or confusing about how they want their animals to be cared for. What appears to… Read More »
Protecting Your Business’ Customer Lists
When we think of the valuable items of our businesses, we tend to think of the obvious, physical items. Machinery, tools, vehicles, or inventory may come to mind. Certainly, any special intellectual property, such as a secret recipe, or a special way of handling certain problems that you have developed may also come to… Read More »
When Can the Corporate Veil Be Pierced?
One of the many advantages of starting a corporation is the protection that owners get from personal liability. There are differences between the extent and nature of the protections depending on the type of organization you choose (C-corp, LLC, LLLP, etc.), but generally, forming companies is thought of as a smart move from an… Read More »
Just What Is a Nonprofit Organization?
The question of what a nonprofit organization is may seem easy to answer. But “nonprofit” is one of those terms that seems to have a different meaning depending on who you ask. The Difference Between Profit and Nonprofit The most common answer you’ll get when you ask “what is a nonprofit business,” is the… Read More »
Businesses Should Be Aware of Florida’s New Patent Laws
Florida has a new law to deal with a relatively new phenomena: patent trolls. The law is intended to curtail frivolous patent claims, and to allow businesses to operate with more freedom and less concern that they may be violating someone’s patent. The New Patent Troll Laws Patent trolls are generally people who obtain… Read More »
Some Estate Planning Tools to Consider When Planning for Minors
Its pretty common—and in fact pretty normal—for someone to want to provide for their children when the kids grow up. Surely, you can stuff money in a savings account or a mutual fund or some other investment vehicle. But the problem is that if you keep the funds in your name, they could be… Read More »
New Health Care Surrogate Laws Remind Us How Important Having One Can Be
When we think of estate planning, we tend to think of planning for all of our stuff, and specifically who will get it, how will it be spent, and where will it go. But many people give little thought to planning for disability, or for health problems that may render them unable to tend… Read More »
