As you prepare for 2014, here are 7 Legal Tips you should not overlook, dot your i’s and cross your t’s when it comes to protecting yourself, your family and your business.

Flood Firm7 Legal Tips for 2014

  1. Know before you go!
    Are you aware of the laws in your hometown? What about when you travel out of state or out of the country? A great example is the hands-free driving when you enter city limits or a new state.
  2. Educate your Children
    It sounds simple enough, but is often overlooked. For many, what might seem like common sense needs to be spelled out for our children. Reviewing a list of do’s and dont’s can help them stay out of trouble.
  3. Plan the “What If”
    Do you have your documents in order? Take the time to review your existing documents or create them. Consider the following: living will, power of attorney and will.
  4. Secure the right professional arsenal BEFORE you need them!
    Know who you need to call. Having a network of professionals is important to knowing which specialist is your go-to person.
  5. Get it in Writing
    Always get it in writing – a contract, agreement or IOU. At the very least, a basic document that outlines exactly what you are trying to accomplish.
  6. Small Business Vulnerability
    Is your business vulnerable to additional costs with unemployment, workers’ compensation, healthcare coverage, human resources and other areas that you might be subject to additional costs, fines or charges as you increase or decrease the size of your staff?
  7. Know your Policies
    At the beginning of each year, or before your renewal period, review your policy. Are there restrictions or limitations with your current policy? Know when you are not covered. A great example of reviewing your policy is your car insurance. Limited Tort vs Full Tort – ask an insurance carrier or attorney and they will likely recommend Full Tort!