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VALIDITY OF NON-COMPETE & NON-SOLICITATION CLAUSES IN CALIFORNIA

Posted on 6/29/2017 by in Business Law Non-Compete Non-Solicitation

Many business owners wish to include non-compete and non-solicitation clauses in contracts. A non-compete clause (or separate non-compete agreement) typically prohibits one party from competing against the other party for a specific duration after the contract ends. California courts frown upon non-compete clauses, and there are pitfalls when including these clauses in contracts.

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5 Advantages of Common Law Legal Systems

Posted on 6/23/2017 by in International Law Common Law System Common Law

Common law refers to the law made by judges and not the parliament. It's basically that law that develops organically in due course and is based on the accepted shared values and customs of society.

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MINIMIZE ESTATE TAXES USING IRREVOCABLE LIFE INSURANCE TRUSTS

Posted on 6/8/2017 by in Irrevocable Trust Trust Life Insurance ILIT Estate Taxes Taxes

An Irrevocable Life Insurance Trust (ILIT) is a very important estate planning tool that provides many benefits, the most beneficial of which is tax savings. An ILIT is an irrevocable (non-amendable) trust that is both the owner and the beneficiary of one or more life insurance policies.

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