Hawai‘i Life. Hawai‘i Law.
Launching a business partnership is a major move. It has the potential to work out well. However, in a worst-case nightmare, it could sour your company’s prospects and reputation. It can also burden you with messy hassles or even litigation. Picking a business...
If you rent a commercial property to run your business, you want to think about all of the different costs that go along with it. Simply paying the rent every month is just the beginning. One of the other major costs that you may face is maintenance for that property....
People who have considerable investments or assets want to ensure that those are always as protected as possible. One way that you can do this is to set up the power of attorney designations now. This is your opportunity to decide who will make decisions about your...
Whether you are a commercial landlord who is renting a property out to a tenant or a tenant who is renting or leasing property for their new business, you need to understand every single part of that lease agreement. It defines how this relationship will work and all...
The more revenue your business generates, the more you have to plan to minimize your tax obligations. In addition to withholding income tax payments for workers, your company will need to pay taxes based on its overall income. A good financial system can drastically...
Just as there are countless reasons for an individual to indefinitely defer their personal estate planning, executives and managers can find innumerable reasons to delay succession planning for their role at a company. One of the more common reasons people provide...
When you own a business, you focus on moving it forward. Yet it only takes one person or entity to threaten you with litigation to bring your progress to a standstill. A potential lawsuit can take up a lot of your time and bring stress and uncertainty to the company...
You might think it is easy to start building your real estate, but local and federal governments ask that you have permits before you build. These permits do more than check a few boxes on forms for the government. They can also help protect your financial investment...
In 1996, with the adoption of what became Chapter 428 of the Hawai’i Revised Statutes, the limited liability company was added to the menu of business entity options under Hawai’i law[1]. Hawai’i’s1996 law was based on the Uniform Limited Liability Company Act (the...
A business partnership can be a truly wonderful experience that’s both rewarding and beneficial. You can lose a hefty weight off your shoulders when expenses, labor and networking are shared. It may even seem advantageous to take on multiple partnerships so that you...