The whole matter of writing legal documents by yourself is to lower legal expenses, which are, at times, very high. There are limits that come with legal writing, however, it doesn’t have to be challenging as well. Legal documents should convey information in line with legal standards and requirements and should be clear. Areas that […]
Legal Documents That Need Translation
It is difficult enough to understand legal documents even in your native language, furthermore, trying to translate them into another language is a lot harder. Loaded with complicated legalese, translating these documents into and out of English is no easy job. Most of the time, certified professionals, who are legal experts as well as experienced […]
Legal Abbreviations
Legal abbreviations typically can be found in anything from a book to court documents. It is very important to have a common set of abbreviations because it lets everyone who reads a legal document understand what is presented in writing without having to identify terms that are repeatedly used. It is a surprising fact how […]
Family Limited Partnership
What Is a Family Limited Partnership? An arrangement in which family members pool money to run a business project is known as a Family Limited Partnership (FLP). Family members separately buy units or shares of the business and can benefit in proportion to the number of shares they hold, as summarized in the partnership operating […]
Asset Protection
What is Asset Protection? The adoption of strategies to guard one’s wealth is asset protection. Asset protection is a part of financial planning aimed to protect one’s assets from the claims of creditor. Asset protection techniques are used by individuals and business entities to limit creditors’ access to specific valuable assets while functioning within the […]
Sales and Purchase Agreement
What is a Sales and Purchase Agreement? A sales and purchase agreement, otherwise called SPA, is a legally binding document (contract) between two parties that binds a transaction to happen between a buyer and a seller. A sales and purchase agreement is commonly used for real estate dealings, but they are found in other areas […]
10 Important Legal Documents for Your Business
Over the course of a company’s lifetime documents play a crucial role in protecting the interests of the business and business owners. Below you will read about the 10 most essential legal documents to assist you to determine what your business needs. #1 – Company bylaws for corporations The majority of states require corporations to […]
Eviction Notice In Texas
An eviction notice in Texas is used by a landlord to inform a tenant of a lease violation. The landlord must inform the tenant and explain the offense committed and the given number of days to fix it. Once the problem is resolved, the lease will continue as before. In case, if the tenant does […]
Arbitration Agreement
Quick overview of an arbitration agreement When two parties agree to settle any disagreements outside of court, they use a written agreement (an arbitration agreement). Instead of going to court, in this case, arguments are settled via a private process that is called arbitration. Typically, arbitration agreements are clauses included in larger legal documents like […]
A freelance contract
What is a freelance contract? A freelance contract determines working terms between a freelancer [or “contractor”] and a person or company that requires their services. Clearly drafted freelance contract, makes it is for both sides to comprehend what to expect from each other. With the help of mentioned contract, projects get completed and sent in […]