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When purchasing a home, you'll encounter the terms earnest money and down payment. Both involve a financial commitment, and they serve distinct roles in the transaction process. Earnest money Earnest money is often referred to as a "good faith deposit." It...
Creating a high-tech company requires more than having a great idea and technical expertise. One must also understand the legal factors involved in starting such a business. Every cutting-edge entrepreneur should be especially mindful of these pertinent legal matters....
Divorce significantly alters your life, including your financial and estate planning needs. As you navigate this challenging time, it’s important to understand how divorce impacts your estate plan and what steps you should take to ensure it reflects your new...
Nobody likes getting caught up in legal battles, especially businesses. They are time-consuming, expensive and can strain relationships. Thankfully, there are alternative ways to resolve business disputes without ever stepping foot in a courtroom. Mediation The...
Selling a house without a real estate agent is a daunting prospect. That said, it might save you considerable cash. However, it also means taking on all the responsibilities an agent would usually handle. If you go the independent route, take precautions to protect...
Adverse possession is a legal concept that allows someone to claim ownership of land that does not belong to them, simply by using it openly and without permission for a certain period of time. In Oregon, this is typically 10 years. If you own a vacation home you...
Choosing to buy a home is a major step, representing a huge financial commitment. Yet, amid the excitement of searching for a new house, it is important to be aware of signs that suggest it might be wise to reconsider. Understanding these signs can help you make a...
You must select an executor when drafting a will. The executor carries out many important duties, including transferring your assets to your heirs. Because the role is so significant, you must choose an executor carefully. Keep in mind that there are certain traits...
Intellectual property serves as a cornerstone for businesses. For example, it offers protection and exclusivity over the creations of a business. In Oregon, many companies leverage various forms of intellectual property. Doing so lets them safeguard their innovations...
While looking to buy a home, you will likely encounter terms that banks use interchangeably, such as prequalification and preapproval. However, these words do not denote the same meanings. You might think you have a mortgage in hand when you still have not received...
