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Hawai‘i Life. Hawai‘i Law.
Succession planning is the process where the business identifies one or more potential successors for key roles within the organization, or when best-performing employees are placed in a succession pool for future leadership roles. In short, it’s designed to make sure...
On Thursday February 17, 2022, the Hawai’i Supreme Court issued only its third significant ruling since the mid-1970s on the enforceability of post-employment restrictive covenants. The majority opinion refused to enforce a non-compete agreement on behalf of...
Do you have future generations in mind when making your estate plans? Then having a simple will is not enough. Hoping the fortune will trickle down the family tree is taking things to chance, which is why you need a solid solution that works. An irrevocable is your...
Family business owners often want to pass their businesses on to their children. That may have been their goal from the day they started, or it may have developed over time. They think of the business not only as a project that they took on, or a career that they...
You left your job to start your own company. You spent months working on the branding, figuring out the name and getting everything set up. Then, just a few weeks before launch, you Googled your own company name. What you found is that there is another company that...
Business-to-business transactions occur every day. You might rely on other businesses to provide you with contract services, like human resources help when you hire a new employee or payroll support. You may have contracts with companies that supply you with equipment...
In the 21st century, many Hawai’i residents conduct at least a portion of their lives in a digital environment. Many Americans now choose to socialize and work online. Some U.S. citizens even collect and manage high-value assets online. For example, if you own a...
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...