Blog Articles

Do These Four Things When Starting Your Business

Do These Four Things When Starting Your Business

Getting off on the right foot is crucial with everything in life. Starting a business is no exception. As you’re beginning the process, or if you’ve already begun, please keep these four things in mind. 1) Choose the Right Entity If you’re a sole proprietor, in a partnership, an LLC, or a corporation; it’s important to understand the nature of each business type and choose the right one for your business.  Each one is distinctly different, and they each have different formation and…

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Colorado’s Digital Privacy Law

Colorado’s Digital Privacy Law

Colorado’s Digital Privacy Law On September 1, 2018, the Colorado Protections for Consumer Data Privacy law, went into effect. The Privacy Law is part of the Colorado Consumer Protection Act (“CCPA”), and will help protect personal data. It you’re a business owner who collects the following Personal Identifiable Information (PII), you’ll need to adapt your processes and procedures to not only protect their customers but yourself. Use the list below to help you decide whether or not the new law…

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Basic Estate Plans

Basic Estate Plans

An estate plan isn’t just for parents. If you’re over the age of 18 you’ll still need one. Family and friends will need to make decisions for you if you’re in the hospital and can’t communicate. They will want to know what to do with your stuff in case you die. Here’s a list of some basic documents you’ll need for your estate plan, regardless if you have children or not. Incapacity Documents A well drafted estate plan always includes…

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Employee New Hire Punch List

Employee New Hire Punch List

Before you hire a new employee review this list. Taking on a new employee can be an arduous process at first; however once you have your systems and procedures in place, taking on new hires will be a piece of cake. If you already have employees use this list to make sure you don’t get dinged by the tax man or the labor board. Obtain an EIN#. Go to https://www.irs.gov/businesses/small-businesses-self-employed/employer-id-numbers Register with Colorado’s labor department. You will have to pay…

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5 Reasons Why DIY Estate Planning Isn’t Worth It

5 Reasons Why DIY Estate Planning Isn’t Worth It

Whenever someone famous dies without a will, people talk about getting  their will done and which type of service to use.  Currently, Americans have many choices, which include; website services; legal subscription services; purchasing software; purchasing hard copies at a bookstore or ordering online. My advice however, is rather than Doing It Yourself (DIY) work with an estate planning attorney to get your estate plan in place. Everyone needs an estate plan and it’s something everyone should do.  The majority…

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