Basic Legal Tips We Should All Follow

The following legal tips will help you in your personal and professional life. Beyond legal advice, these are basic rules we should all live by to create a secure environment for ourselves and the people we love.

Prepare for the Unexpected
Draw up a will. Buy the life insurance. Create a trust. You get the point.

Plan ahead, even though thinking about the possibility of loss is hard. It will be harder on you and your family if something does happen, and no one is prepared to handle the consequences. We have young clients who boldly created trusts for their children, made living wills, and prepared for every eventuality. You should too.

Don’t Admit Blame or Point a Finger
Keep your mouth shut. Before admitting blame or pointing the finger, consult an attorney. You don’t want to wind up being liable for something or sued for defamation of character. This rule applies at all times, especially now with social media being such a big presence in our lives. Post a negative remark about a business or a person, and you could soon be facing a hefty lawsuit.

If you can’t say anything nice, don’t say anything at all. That adage still holds true today. Live by it.

Never leave the scene of an accident
If you’re involved in a car accident, call the police, your insurance company and a family member or friend if you need assistance. Never leave the scene of an accident, even if it’s minor. Remember to gather names, license plates and insurance information.

Get agreements in writing
If you and a colleague or business associate come to terms to work together, put it in writing. If you hire a contractor, wedding planner, or any consultant, make sure to have the terms on paper. Formal written agreements protect you and your counterpart alike. Your best bet is to have an attorney review any document before you sign it.

Never sign an agreement without backup
It’s safer to have an attorney review a  written contract as previously stated. If you’re intent on signing the document and feel safe doing so, make sure to have a copy or, at the very least, a picture of the document.

Employees are protected under the law
State and federal laws have very clear labor laws. Whether you manage one person or 100, know the laws, or at least consult with an expert who does. HR experts abound and will ensure you don’t miss a step or make a false move.

Consult an expert
If you’re looking for homeowner’s insurance, seek advice from someone in the field. If you’re doing your taxes, contact a CPA or tax specialist. If you’re investing in stocks, do the research and ask someone who knows. If you need legal advice, get it. Ask an attorney. A good attorney will point you in the right direction, protecting your interests.

The point is, experts will guide you. Basing your decisions solely on an internet search is risky, especially when your business or family are involved. Speaking to an expert often comes with a price, but the investment is well worth it compared to making costly mistakes.