Hawai‘i Life. Hawai‘i Law.
Someday, you will be stepping down from the helm of your business or corporation and handing your duties over to someone else. Other key roles will have to be filled by the right people as well. That transfer of authority and leadership at the pinnacle and among the...
When you’re in business for yourself, there’s a lot to protect. If you’ve managed to secure a good location that’s right for your needs and convenient for your customer base, it can really hurt to suddenly be uprooted because your landlord decides to sell. That’s why...
Sometimes, people manipulate or take advantage of others who are in vulnerable situations. When it comes to real estate planning, such cases can amount to undue influence, invalidating any legally binding agreements that may have been entered into. For instance, as a...
When you create an estate plan, you help ensure that the people you love will inherit your assets when you die. Careful planning can maximize what resources you leave for others and minimize the liabilities your estate or its beneficiary incur. Many people planning...
If you’re leasing commercial space for your business for the first time – or even if you’re not a complete novice at this – you probably have far less experience with lease agreements than the property owner who’s presenting the contract to you does. These are...
Looking for the perfect place to lease can be a frustrating affair. Your needs may be particular, and landing the ideal spot can take time. However, when you find the premises that meet your specifications, do not rush into signing the lease agreement. Given that you...
Buying commercial real estate comes with a degree of financial risk, but do not let that stop you from making a purchase. Owning commercial real estate opens many doors that can provide you with a lucrative income. Commercial properties are in high demand across all...
Let’s face it, it takes a lot of hard work and dedication to build a successful business. Yet, the average family business has a lifespan of just less than 25 years. Most family-owned businesses fail after their founders’ death due to the lack of a formal succession...
When you work in a partnership, the last thing you want is to have a fight or argument over an aspect of your business. You need to work together so that you can both move your business forward and make it as profitable as possible. While some disputes may be...
If you’re thinking of passing on your family business, the process can get complicated. Maybe you have four children, and you’re dividing everything you own evenly. But what about the business? Perhaps you have someone in mind who you think can carry on your legacy at...