Author Archives: Kevan Benkowitz
Using Earn-outs to Structure Business Sales Agreements
Buying and selling businesses is an integral part of the economy. Placing a realistic value on a business is a material part of a buy-sell transaction. However, valuing a business — especially a closely held one — can be challenging. Buyers and sellers often have vastly different appraisals of the business’s value. Buyers are purchasing […]
Estate Planning for Children Turning 18
Young people rarely think about estate and personal disaster planning. However, those turning 18 years of age are adults. The parents no longer have inherent legal authority over the child. These youngest of adults are responsible for all of their own affairs. Therefore, even 18-year-olds should have a plan in case of serious medical emergency […]
Can You Bring an Emotional Distress Claim Related to COVID-19?
The novel coronavirus that causes COVID-19 is not only potentially deadly, but can be transmitted by individuals who are not showing any symptoms, so people might fear that they’ve contracted the illness even if they feel fine. While the virus has existed in the United States for months, obtaining a test is still difficult in […]
Understanding How COVID-19 May Have Affected the Value of Your Estate
The economic and personal upheaval triggered by the COVID-19 outbreak is likely to warrant a review of your estate plan, no matter how thorough you think it is. As Americans cope with health fears and financial volatility, it’s worthwhile to determine whether a will, trust, advance medical directive or other legal instrument needs to be […]
