Stevenson Smith Hood P.C.
Call Today: 801-399-9910

Ogden Trial Attorneys Law Blog

Negotiating a commercial lease that works for your business

If you own a small business in Utah, it may become important at some point to expand your operations and find commercial space to lease. Even if you do not own a retail business with customers visiting your property, you still have to put careful consideration into your location. 

The terms of a commercial lease could have an important impact on the financial well-being of your business. It is beneficial to think carefully about the terms of your lease, ensuring you protect your current and future financial interests. Many businesses find it helpful to have qualified guidance as they attempt to negotiate a lease that works for their company.

What does the law require of landlords?

Owning rental property in Utah is a great way to earn income, but there is much more involved than simply finding people to pay rent. As a landlord, there are many things the law requires of you, and in order to avoid complications with the law, you may find it beneficial to fully understand both your rights and your obligations. 

When you do not fully understand your requirements or what you have to do, it can lead to complex and expensive disputes with your renters. It can also expose you to the risk of a civil claim. Before you begin to find occupants to live in your rental properties, you will find it beneficial to seek a complete evaluation of your case.

Why you should include digital assets in a prenputial agreement

Preparing to marry and start a new life with your fiancé is an exciting time. Before you walk down the aisle, you may find it beneficial to consider the benefits of legally protecting your property rights and financial interests in the event of a future divorce. You can do this by drafting a thoughtful prenuptial agreement.

A prenuptial agreement does not seem like a romantic thing to do, particularly right before a wedding, and for this reason, many Utah couples refrain from taking this step. It may not seem romantic to think about the things that could happen in the event of a divorce, but it could be beneficial for your future. As you consider your prenuptial agreement, it is smart to also include your digital assets.

Should a living will be part of your estate plan?

Anyone can benefit from having a complete estate plan in place, but no two estate plans should be the same. What you need to include as part of your plan depends largely upon your goals, you needs and your objectives for your estate.

Many in Utah do not know that estate planning is about more than just deciding what will happen to your money and assets after you pass away. You can actually include elements that will allow you to control your health care and medical needs in case of incapacitation in the future. One of the ways to do this is by drafting a living will as part of your complete plan. 

Why should you try to mediate your child custody issues?

Perhaps the sting of the end of your marriage is still sharp. Even so, you and the other parent have children, and a child custody agreement quickly becomes a priority. You know that you need to get this issue worked out in order to provide some security and continuity for your children.

However, you may have a hard time seeing yourself sitting down with your estranged spouse to work out an agreement and create a parenting plan. Regardless, some compelling reasons for mediating your child custody issues may exist.

Does your business have an employee handbook?

If your company does not have an employee handbook, and you have employees, you may want to consider creating one. An employee handbook serves several purposes, the least of which is to communicate to your employees what you expect of them and what they can expect of their employer.

Moreover, it could provide your business with some measure of security should an employee file a complaint. Everyone within the company needs to understand what constitutes unacceptable behaviors, know how the company handles any complaints and understand the consequences of violating company policies.

Have you considered appointing power of attorney agents?

You and many other Utah residents may think of estate planning as a way to detail who should get your property after you die. However, estate planning also has many other purposes. In fact, the information you put into your estate plan could go into effect before your death under certain circumstances.

Preparing for the unexpected

Is eminent domain an eminent challenge to your property rights?

While the thought may seem impossible, there are certain situations in which the government can come in and take your Utah property. It's called eminent domain, and it could be an eminent threat to what you believe are your rights to your property. When eminent domain is an issue, you do have grounds to challenge the efforts of the government, but you would be wise to seek help to do so. 

Eminent domain comes into play when the government needs to take property for expansion, infrastructure needs or public use. The government does have the right to practice eminent domain per federal and state laws, but you have rights as well. In order to confiscate privately owned property, the government must pay fair compensation to the owner.

Now is the time to think of the future of your business

Where do you see yourself in 10 or 20 years? Do your plans include retiring, traveling and reaping the benefits of your decades of hard work? Perhaps you, like many other business owners, see yourself passing your company on to your children and watching them take it in new and exciting directions.

No matter your specific goals for the future, the bottom line is that you aren't likely to get there without some thoughtful planning. In fact, even if you have only recently started your business, a succession plan is something it is never too early to consider.

Nesting is a new fad for parents seeking custody alternatives

Your divorce likely threw your family into the kinds of turmoil you never imagined. As gently as you tried to break it to the children, they each reacted differently as they processed the news and considered its implications.

Despite your differences, you and your ex-spouse continue to be parenting partners, and you want the best for your children. Perhaps the two of you are trying to come to custody arrangements on your own to minimize the impact on the children. One concept about which you may have heard is the idea of nesting.

Stevenson Smith Hood P.C. | 4605 Harrison Blvd. Ogden, UT 84403 | Phone: 801-399-9910 | Fax:801-399-9954 | Map & Directions