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AEGIS Two Minute Legal Clinic Blog

A Case Study in GDPR Compliance: A New York Boutique

Let’s imagine a boutique in Chelsea, a chic Manhattan neighborhood. Let’s say that store gets 40% of sales from customers who stroll into its cozy space in a row of Georgian buildings. But the rest [...]

By |May 30th, 2018|Categories: Two Minute Legal Clinic, Uncategorized|0 Comments

Preparing for GDPR Roll Out: What You Can (and Should) Do ASAP

On May 25, the European Union’s new General Data Protection Regulation (GDPR) goes into effect, and organizations and businesses must aim for compliance as soon as possible. Steep fines await those who don’t meet governing [...]

By |May 30th, 2018|Categories: Two Minute Legal Clinic, Uncategorized|0 Comments

GDPR Compliance Becomes Law: Ready for May 25?

On May 25, General Data Protection Regulation (GDPR) becomes law in the European Union, vastly expanding the regulations that apply to all companies processing the data of EU subjects. Why should US companies care? Because [...]

By |May 30th, 2018|Categories: Two Minute Legal Clinic, Uncategorized|0 Comments

Effects of Divorce on Children and How You Can Help

Divorce is a highly emotional time for all parties involved, and unfortunately, that also includes children. Children of divorced parents often show higher levels of stress, depression and aggression than their peers from intact homes. [...]

By |May 8th, 2018|Categories: AEGIS News, Two Minute Legal Clinic|0 Comments

How and Why to Create Readable Legal Documents for Your Start-Up

The definition of legalese—“the specialized language of the legal profession”—may make for the good set-up to a punchline, but there’s nothing funny about having a bunch of undecipherable legal documents for your start-up. Let’s discuss [...]

By |May 8th, 2018|Categories: AEGIS News, Two Minute Legal Clinic|0 Comments

Protecting Your Privacy in a Missouri Divorce

Going through a divorce can be one of the most vulnerable times in your life, especially as you watch other people discuss your personal details. And in fact, court pleadings and motions are matters of [...]

By |May 8th, 2018|Categories: AEGIS News, Two Minute Legal Clinic|0 Comments

Getting Divorced? Update These Finance-Related Documents ASAP

In Hillman v. Maretta, the U.S. Supreme Court was faced with the question of whether an ex-wife was entitled to proceeds of a life insurance policy when her former husband died. Before his death, he [...]

By |May 8th, 2018|Categories: AEGIS News, Two Minute Legal Clinic|0 Comments

PPT: Intellectual Property Issues are Everywhere

SPOTTING IP ISSUES, CHALLENGES AND OPPORTUNITIES FOR BUSINESS ATTORNEYS Pete Salsich III has been General Counsel for Coolfire Studios, LLC (an entertainment content creation studio), Coolfire Solutions, Inc. (a mobile software development studio focused on the military and [...]

By |April 28th, 2018|Categories: AEGIS News, Two Minute Legal Clinic|0 Comments

Blockchain Basics—Everything You Need to Know about Blockchain (Part 2)

This is the second in a two-part series about blockchain basics. Get ready for the revolution. If you think the internet changed the planet, blockchain is next up. Because it’s already been a part of [...]

By |April 22nd, 2018|Categories: AEGIS News, Two Minute Legal Clinic|0 Comments

Blockchain Basics—Everything You Need to Know about Blockchain (Part 1)

The buzz around Bitcoin and blockchain rivals that of talk about the world wide web decades ago. Yet it’s not everybody who can tell you what blockchain and bitcoin are. After all, much like the [...]

By |April 21st, 2018|Categories: AEGIS News, Two Minute Legal Clinic|0 Comments

Stunning New IRS Rules Jeopardize LLC Investors With Potential Tax Liability

Congress just passed technical corrections to the new IRS partnership audit and collection rules, and the result is nothing short of shocking. Basic corporate/LLC law has traditionally provided that an equity investor only risks his [...]

By |April 19th, 2018|Categories: AEGIS News, Two Minute Legal Clinic, Uncategorized|0 Comments

How Your Business Can Handle Changes in Marijuana Law in 2018

All businesses must continually adapt to new legislation, but marijuana businesses have to be especially vigilant, with legality of their product itself in limbo. Raising capital, finding and retaining skilled workers, handling banking and payments—these [...]

By |March 22nd, 2018|Categories: AEGIS News, Two Minute Legal Clinic|0 Comments

How and Why Fractional Legal Counsel Became So Popular

Legal issues pop up for every business, but does your business need to hire a full-time, in-house attorney to handle them? For many enterprises, especially small businesses, sporadic legal needs don’t justify the cost of [...]

By |March 22nd, 2018|Categories: AEGIS News, Two Minute Legal Clinic|0 Comments

Are You Really Too Busy to Deal with Your Company’s Legal Challenges?

Legal problems can sink even a successful business fast, so it’s never a good idea to ignore them. While sometimes issues can wait, you should always be honest with yourself about whether you’re really “too [...]

By |March 22nd, 2018|Categories: AEGIS News, Two Minute Legal Clinic|0 Comments

How to Avoid Legal Problems When Going into Business with Friends or Family

Starting a new business with a close friend or family member can be a wonderful experience. You likely already have a positive rapport and similar visions regarding your enterprise, otherwise you wouldn’t even consider moving [...]

By |March 22nd, 2018|Categories: AEGIS News, Two Minute Legal Clinic|0 Comments

Avoiding the Pitfalls of Estate and Trust Administration

Have your parents or other relatives put you in charge of their finances, that is, after they die or become incapacitated? Did you know this is a full-time job? The person in charge after someone [...]

By |March 22nd, 2018|Categories: AEGIS News, Two Minute Legal Clinic|0 Comments

Collaborative Divorce

For divorcing couples who want to avoid courtroom battles, a collaborative divorce process may be the answer. In a collaborative divorce, a form of alternative dispute resolution (ADR), the parties and their attorneys—specially trained in [...]

By |March 21st, 2018|Categories: AEGIS News, Two Minute Legal Clinic, Uncategorized|0 Comments

Divorce Meditation

Divorce mediation is an excellent choice for couples interested in working together to arrive at the best solutions for both parties. Through mediation, the couple meets with a neutral third-party—such a family law attorney—who guides [...]

By |March 21st, 2018|Categories: AEGIS News, Two Minute Legal Clinic, Uncategorized|0 Comments

Non-Contested Divorce

If both you and your spouse not only agree that it’s time to divorce, but you also agree on major property, financial and child-related decisions, you may consider pursuing a non-contested divorce. “Non-contested divorce” is [...]

By |March 21st, 2018|Categories: AEGIS News, Two Minute Legal Clinic, Uncategorized|0 Comments

Litigated Divorce

Although the 1979 film Kramer vs. Kramer immortalized divorce trials for Hollywood, in real life, the vast majority of divorces never reach the stage at which the parties litigate issues in front of a judge. [...]

By |March 21st, 2018|Categories: AEGIS News, Two Minute Legal Clinic, Uncategorized|0 Comments

Second Saturday Workshops: Legal, Financial and Emotional Guidance for Women Going Through Divorce

Going through a divorce can feel confusing, isolating and stressful. You’re experiencing an enormous life change, and even if your split seems amicable, you still may wonder whom you can trust or even where to [...]

By |March 21st, 2018|Categories: AEGIS News, Two Minute Legal Clinic, Uncategorized|0 Comments

5 Myths About Blockchain and Startups

There is so much hype about blockchain that it can seem like a magic pill for any startup. For sure, blockchain’s endless possibilities present opportunities, but it’s important to separate truth from fiction. Here are [...]

By |February 22nd, 2018|Categories: AEGIS News, Two Minute Legal Clinic|0 Comments

Tax Cuts and Jobs Act: Analysis of Key Business Provisions (Part II)

New Law: The new law provides a deduction for individual taxpayers who receive income from pass-through entities (e.g. S corporations and partnerships) roughly equal to 20% of each owner’s share of such income, subject to [...]

By |January 19th, 2018|Categories: AEGIS News, Two Minute Legal Clinic|0 Comments

Tax Cuts and Jobs Act: Analysis of Key Business Provisions

New Law: The new law eliminates graduated corporate rates and provides a flat 21% rate for taxable income of all C corporations, including those which are PSCs (personal service corporations). Analysis: The new rate will [...]

By |January 19th, 2018|Categories: AEGIS News, Two Minute Legal Clinic|0 Comments

How to Structure Your Marijuana Dispensary to Minimize Your Tax Bill

Many people mistakenly believe that you can set up a marijuana dispensary like any other business for which you can deduct ordinary operating expenses. Unfortunately, Section 280E of the Internal Revenue Code provides that businesses [...]

By |December 22nd, 2017|Categories: AEGIS News, Two Minute Legal Clinic, Uncategorized, Venture Investing|0 Comments

Should You Stay on After Your Company Gets Acquired? In What Capacity?

Building up a company is a breathtakingly difficult affair, requiring tenacity, intelligence, fortitude and more than a bit of luck. Very few ventures get out of the starting gate. Of those that do, most end [...]

Estate Planning and Proposed New Tax Reform

T H E   L A T E S T   N E W S : Estate Planning and Proposed New Tax Reform With large-scale tax reform being proposed in Washington D.C. by the Republican Congress, it's [...]

By |December 12th, 2017|Categories: Startup Advice, Two Minute Legal Clinic, Uncategorized, Venture Investing|0 Comments

The AEGIS Podcast: St. Louis Entrepreneurs and How They Got Their Start Part II, Interview with David Singer

Download this episode (right click and save) Part II of the "St. Louis Entrepreneurs and How they Got Their Start" podcast, featuring an interview with David Singer, CEO of Warehouse of Fixtures. David is in [...]

By |December 5th, 2017|Categories: AEGIS News, Podcast, Two Minute Legal Clinic|0 Comments

The Art and Science of Keeping Your Corporate Structure Simple

Your company’s success depends sensitively its structure. In general, the fewer moving parts, the better. A simple framework allows you to be nimble—to adapt to change; to minimize drama among your people; and to limit [...]

By |December 1st, 2017|Categories: AEGIS News, Two Minute Legal Clinic, Uncategorized|0 Comments

Estate Planning and Proposed New Tax Reform

With large-scale tax reform being proposed in Washington D.C. by the Republican Congress, it's important to understand how changes in our tax law would effect each of us, and specifically how it will effect estate [...]

By |November 22nd, 2017|Categories: AEGIS News, Two Minute Legal Clinic|Tags: , , |0 Comments

Second Saturday Workshops Empower and Educate!

If you are going through a divorce, or considering a divorce, you know that the process can be overwhelming, fraught with emotion, and can create complicated legal issues. Women going through the divorce process need [...]

By |November 22nd, 2017|Categories: Two Minute Legal Clinic|Tags: , |0 Comments

An Overview Of Living Trusts And Wills

You have two primary choices for transferring assets upon your death: a will, which is the traditional method, and a living trust. If you die without either a will or a living trust, the state [...]

By |October 3rd, 2017|Categories: AEGIS News, Legal, Two Minute Legal Clinic|Tags: , |0 Comments

Part I: Handling Your Estate Plan During and After Divorce: Death Pending Divorce

It’s tough enough to contemplate the traditional individual, family and financial changes of the process of divorce.  It’s even tougher to factor in the possibility of one’s own mortality during divorce proceedings, or thereafter.  But [...]

Part II: Handling Your Estate Plan During and After Divorce: Death After Divorce

It’s tough enough to contemplate the traditional individual, family and financial changes of the process of divorce.  It’s even tougher to factor in the possibility of one’s own mortality during divorce proceedings, or thereafter.  But [...]

By |July 5th, 2017|Categories: AEGIS News, Two Minute Legal Clinic|Tags: , , , |0 Comments

Two Minute Legal Clinic: Your Investment Summary: Describing Your Management Team

Scott D. Levine | slevine@aegisps.com | Bio Business plans are antiquated. For early or C-stage companies, putting together a full business plan with all the details of everyone's best guesses of what the [...]

Two Minute Legal Clinic: Your Investment Summary: Describing Your Business

Scott D. Levine | slevine@aegisps.com | Bio When it comes to writing a business plan or putting together a document that would demonstrate to investors that you have thought through the critical parts [...]

Two-Minute Legal Clinic: It Doesn’t Have to Go to Court – 3 Ways to Divorce

As a family law attorney, I find that most people are surprised to learn that there is more than one way to get divorced. When a couple decides to dissolve their marriage, they need to [...]

By |April 5th, 2017|Categories: AEGIS News, Two Minute Legal Clinic|Tags: , , , , |0 Comments

Don’t Make These Surprisingly Common M&A Mistakes

You’ve decided to sell your business. Or maybe you’re snatching up a new business—possibly a former competitor. In either case, you face huge challenges. Mergers and acquisitions are disruption level events. They can be profoundly [...]

Two-Minute Legal Clinic: Merger & Acquisition Due Diligence

The due diligence process is a critical part of every merger and acquisition transaction.  Ordinarily, at this stage of the transaction, the parties have established the general parameters for a transaction.  However, it is not [...]

By |March 21st, 2017|Categories: AEGIS News, Two Minute Legal Clinic|Tags: , , , |0 Comments

Two-Minute Legal Clinic: New Tax Deadlines Looming

Norman Newmark nnewmark@aegisps.com Watch out for these new tax deadlines! For calendar year S corporations and partnerships, the deadline to file IRS Form 1120-S and 1065 returns has been accelerated from April 15 [...]

Two-Minute Legal Clinic: Using Milestones for Vesting Employee Equity Compensation

Scott D. Levine | slevine@aegisps.com | Bio It is my experience that the best way to align employees, align advisors, and people that are out there helping you grow your early-stage business is [...]

By |February 9th, 2017|Categories: AEGIS News, Two Minute Legal Clinic|Tags: |0 Comments

Two Minute Legal Clinic: Are Non-Compete Agreements Enforceable from a LEGAL Standpoint?

Scott D. Levine | slevine@aegisps.com | Bio Are "non-compete" agreements enforceable?  That answer is "most likely".  Like most of agreements that attempt to restrain trade, courts are going to take a very narrow look at them [...]

By |February 9th, 2017|Categories: AEGIS News, Two Minute Legal Clinic|Tags: , , , |0 Comments

Two Minute Legal Clinic: What is Convertible Debt and When is it Appropriate?

Scott Levine | slevine@aegisps.com | Bio Many early stage companies take on "convertible debt" as a means of getting their first substantial dollars into their company for operations.  For a long time, when an [...]

By |January 16th, 2017|Categories: AEGIS News, Two Minute Legal Clinic|Tags: |0 Comments

Two Minute Legal Clinic: Are Non-Compete Agreements Enforceable from a BUSINESS Standpoint?

Scott D. Levine | slevine@aegisps.com | Bio  It’s very common for us to get asked the question: "Are non-compete agreements enforceable?"  Before we even get to whether they’re enforceable from a legal standpoint, [...]