As a litigation attorney at Baker, Braverman & Barbadoro, P.C., I am often asked to review documents after a problem arises with an employee, partner, shareholder, vendor or deceased relative. More often than not, I am explaining to the client that the documents that will serve to control the path of the litigation are outdated or ambiguous. Business owners and individuals know what they want to control in their professional and personal lives. They usually tell their partners, employees or loved ones what their wishes are, but over the course of time the operative documents don’t always match their expectations. Only when an unexpected event occurs does the problem usually come to light, for example when a partnership or LLC breaks up or becomes dysfunctional; a loved one passes and his or her business is not mentioned in their will; or a key employee leaves and takes a substantial amount of the company’s business with them. These, and many other scenarios, are common occurrences and should be expected in the course of one’s professional and business lives. Unfortunately, however, too few of us are prepared for them.
At Baker, Braverman & Barbadoro, P.C., our corporate, estate planning and real estate attorneys strive to make clients aware of the necessity of having all their important documents up to date. That way if you have to consult with any of our litigation attorneys, you will not be a victim of your own documents. – Paul N. Barbadoro.
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