The Hidden Risk of Outdated Operating Agreements: What Business Owners Should Know

by Matthew Murillo | Apr 23, 2026 | Business

Many business owners treat the operating agreement as a startup document. It gets signed when the company is formed, placed in a folder, and rarely revisited. That approach is understandable—but often costly. An operating agreement is not simply paperwork created to...

Using an LLC in Your Estate Plan: 5 Things Business Owners Should Know

by Matthew Murillo | Mar 6, 2026 | Business, Estate Planning

For many entrepreneurs and high-earning professionals, wealth doesn’t live in just one place. It may include rental properties, investments, operating businesses, or valuable equipment accumulated over time. Because of that, effective estate planning for business...

Passing Along a Benefit—Not a Burden

by Matthew Murillo | Feb 10, 2026 | Business, Estate Planning

Why Planning for Absence and Incapacity Matters for Business Owners For many business owners, estate planning begins with a future-focused question: What happens to the business when I’m gone?What is often overlooked is the more immediate—and more likely—scenario:...

When You Don’t Own What You Think You Own

by Matthew Murillo | Sep 8, 2025 | Business, Estate Planning

You’ve paid the bills. You’ve made the repairs. You’ve been told, “This is yours.” But here’s the uncomfortable truth: what you think you own, and what you legally own, are two very different things. And finding out the difference at the wrong time can be costly,...

Five questions for social media influencers about their digital presence, with a laptop and hands on keyboard.

5 Legal Questions Influencers Must Ask About Digital Presence

by Matthew Murillo | Jan 11, 2025 | Business, Estate Planning

Social media connects us in ways that were unimaginable just a few decades ago, allowing individuals to build communities, influence trends, and, for many, generate income. If your social media presence has evolved into a business, whether through selling products or...

3 Key Concerns Every Self-Employed Entrepreneur Should Address

by Matthew Murillo | Dec 5, 2024 | Business

Being self-employed is an incredible journey—you’re your own boss, charting your own path, and reaping the rewards of your hard work. But let’s be real: with great freedom comes great responsibility. Whether you’re a solo entrepreneur or leading a small team, the...

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Understanding Business Law for Entrepreneurs

Business law encompasses a wide range of legal issues that entrepreneurs may encounter when starting and operating a business. It is essential for business owners to have a solid understanding of these laws to ensure compliance and protect their interests.

From contracts and employment law to intellectual property and liability, business law covers various areas that can significantly impact a business's success. Entrepreneurs should consider consulting with a legal professional to navigate these complexities effectively.

The Importance of Estate Planning for Business Owners

Estate planning is crucial for business owners as it ensures that their business assets are managed and transferred according to their wishes after their passing. A well-crafted estate plan can help mitigate taxes and avoid legal disputes among heirs.

Business owners should consider establishing trusts, wills, and other legal instruments to protect their business interests and provide for their families. Engaging with an estate planning attorney can help tailor a plan that meets specific business and personal needs.

Key Legal Considerations for Startups

Startups face unique legal challenges that can affect their formation and growth. Understanding these legal considerations is vital for establishing a solid foundation and avoiding potential pitfalls.

From choosing the right business structure to registering trademarks and ensuring regulatory compliance, startups should prioritize legal guidance to navigate these early stages successfully. Addressing these legal aspects can save time and resources in the long run.

How to Protect Your Business from Legal Disputes

Legal disputes can be detrimental to a business, leading to financial loss and reputational damage. Business owners should proactively implement strategies to minimize the risk of such disputes.

Establishing clear contracts, maintaining open communication with stakeholders, and seeking legal counsel can help prevent misunderstandings and conflicts. Additionally, having a dispute resolution plan in place can facilitate smoother resolutions when disagreements arise.