We Help Entrepreneurs and Families 

Keep the Skies Clear and the Future Bright

Sky Unlimited Legal Advisory offers you the perfect combination of trusted advisor, problem solver, keeper of secrets and deep listener

 

Our attorneys are specifically trained to help you keep more money in your business and personal accounts, watch out for pitfalls, handle sticky situations (ideally before they even get sticky) and effectively tend to the parts of your business that are especially challenging.

 

At the same time, we work as your trusted advisor who helps you make the very best personal, financial, legal, and business decisions for your family throughout your lifetime.

  

You always said you wanted someone who could do all “that” stuff - the tasks that you’d rather not handle.

 

That's precisely where we step in - protecting your business and your family!



Notes from Our Chief Counsel's Desk


Rethink Your Relationship With Legal Agreements: Deal With Change And Conflict In A Clear And Healthy Way

This is the fourth in an ongoing series covering the value legal agreements bring to your business beyond the surface. From boosting your bottom line and expanding your business to hiring the most talented team and improving every relationship you enter into, this series offers a comprehensive look at how effective legal agreements can enhance just about every aspect of your operation.

If you are like most business owners, you've likely presented with legal documents that contained terms you didn't fully understand. You may have even signed documents that you didn't completely read because you were intimidated by the confusing legalese. Surely there were times when a client or team member signed a legal document that you presented to them even without fully read or comprehending the documents they were signing.

 

Unfortunately, such scenarios are far too common. But it doesn't have to be, rather than creating confusion and anxiety, the agreement process should do the exact opposite.

 

Indeed, the agreement process is your opportunity to create clarity on your relationships, policies, procedures, and delivery of your product or service. Take it from us, as your Family Business Lawyer ™, if you avoid reviewing, rethinking, and revamping your agreement process, you are not only putting your assets and business at risk, but also short-changing yourself, your work, and your relationships.

Read More

3 Vital Estate Planning Documents For High School Graduates

With the arrival of summer, young people across the country are about to reach a key milestone: high school graduation. If you have a child claiming their diploma, now is the time to prepare them for life after leaving the nest.

Graduating high school is a significant accomplishment. However, it comes with serious responsibilities that your child probably isn't thinking much about right now. Once your child turns 18, they become a legal adult, and specific areas of their lives that were once under your control will be solely their responsibility. 

 

While your child will now be a legal adult, you still have essential parental duties. Yet, if you don't support your child to step into adulthood with legal documents to help both of you, it can be challenging and costly for you to help them in the event of an emergency. 

 

For instance, should your child get into a severe car accident and require hospitalization, you would no longer have the automatic authority to make decisions about his or her medical treatment or handle their financial matters.  In fact, without legal documentation, you wouldn't even be able to access his or her medical records or bank accounts without a court order.

Read More

4 Factors To Consider When Choosing A Business Entity - Part 2

When starting a business, you have to make a ton of different decisions. From deciding what to name your company to hire employees, getting your business off the ground comes with a nearly endless number of decisions.

Of all these decisions, perhaps none is more important or has a more significant impact on your success (or failure) than your choice of business entity structure. The entity you choose for your business will affect everything contracted by your company. Your business entity will determine the amount of taxes you pay, what kind of records you keep, and how vulnerable your assets are to lawsuits.

 

Among the different business entities, all companies should be one of the following legal structures: a sole proprietorship, partnership, corporation, or limited liability company (LLC). Last week in part one, we discussed the first two of four leading factors to consider when selecting your entity, and here, we cover the final two. 

Read More

The Perfect Father's Day Gift For Every Father

When you are a kid, finding a suitable gift for Father’s Day can be a struggle. You want to get Dad something he’ll enjoy, but few young people can afford a new set of golf clubs or a shiny new grill, so you end up settling once again for the standard necktie and socks.

And even after you become an adult, that struggle for the perfect Father’s Day gift often continues, albeit in a slightly different way. When it comes to expressing your love and appreciation for everything Dad has done, more “stuff” doesn’t cut it.  

 

If your father is like most, he’d tell you that the greatest gift you could give him would be for you to abide by the values and principles he taught you and share them with your children. 

 

We may go to great lengths to protect and pass on our family’s financial wealth. Still, very few of us take the time to even document, much less preserve, our family’s legacy. The stories, values, insights, and life lessons of our parents, grandparents, and those who came before them— are typically lost forever when a beloved father figure passes away.

Read More

4 Factors To Consider When Choosing A Business Entity - Part 1

When starting a business, you have to make a ton of decisions. Deciding what to name your company and hiring employees, what kind of products or services you should sell, and how to fund your operation, getting your business off the ground comes with a nearly endless number of decisions.

Of all these decisions, perhaps none is more important or has a more significant impact on your success (or failure) than your choice of business entity structure. Indeed, the entity you choose for your business will affect everything from the amount of taxes you pay and what kind of records you are required to keep to how vulnerable your assets are to lawsuits incurred by your company. 

 

Among the different business entities, all companies should be one of the following legal structures: a sole proprietorship, partnership, corporation, or limited liability company (LLC). While you should consult with us, your Family Business Lawyer™ before making your final decision, here are four of the leading factors to consider when selecting the entity that’s best suited for your particular business. 

Read More