Blacksburg Law Blog

When starting a small business, it is vital to understand what structure will work best for you and the business. In many cases, partnerships seem to be the most beneficial and the most lucrative for a small business. In these cases, it is important to understand what a partnership looks like and the different types available. This will ensure a small business owner creates a business structure that benefits them and their business.

How does a partnership compare to other business structures? Next to sole proprietorship, developing a general partnership is the easiest type of structure to form. Partnerships, unlike corporations or limited liability companies, do not have formal requirements or paperwork that need to be filed. Only two things need to exist. This includes a business and the sharing of profits. While partnerships are easy to form, they could present difficulties when it comes to managing them and even dissolving them.

For many, living the American dream is the ultimate goal. This essentially means getting a good job, getting married, starting a family and owning a home. Homeownership is not simple feat though. It does not only mean paying a mortgage but any costs associated with upkeep. This can make homeownership very expensive, and when an individual or family finds it challenging to keep up with these costs, one might face losing their home.

Foreclosure is not an easy situation to deal with. This is the legal means for a lender to repossess a home if a homeowner becomes delinquent on the loan. While the foreclosure process might ensue at this time, it is vital to understand what alternatives to foreclosure exist. This could mean avoiding the difficult and lengthy process or even being able to keep one's home.

The Commonwealth of Virginia is serious about keeping drunk drivers off the road. One of the measures found to be very effective is that of installing an ignition interlock device in a vehicle.

State law now requires the use of an IID for any conviction related to alcohol. This means, even if you are a first-time offender, you will have to adjust to driving with an ignition interlock device on board.

When we get in a motor vehicle, we are often thinking about where we are going. We often do not think about the dangers that we might encounter when traveling in a vehicle. However, there are many dangers on the roadways. Distracted, reckless, fatigued and intoxicated drivers could be traveling near you, creating an extremely risky situation. Although many motorists have never been involved in a car accident, the unfortunate reality is that an accident could happen at any time and to anyone.

Whether it is minor, serious or fatal, automobile collisions can impact many people in many ways. An injured victim may suffer serious injuries, causing them to undergo much medical care. Accidents could cause disabilities, impacting a person's ability to maintain a job. Finally, car crashes can take lives. Family members could suffer tremendous loss following at fatal car accident. At Spicer, Olin & Associates, our skilled attorneys understand how a car accident can generate much damage and losses. Thus, we are dedicated to helping those in the Blackburg area understand their options and now to navigate a civil action.