By: Joseph Horowitz Spoliation is the failure to preserve evidence. Parties to a lawsuit may not alter, destroy or conceal evidence. The penalties for spoliation can be harsh – such as striking a pleading, dismissal of an action, an adverse inference jury instruction or monetary penalties against the spoliator. This article...
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What is a Business Succession Plan?
Take a moment to think about what would happen to your business if you passed on or became incapacitated. Can the company survive? If that thought sets you in a panic mode, you need to consider creating a business succession plan. With a succession plan, you can spot critical roles in...
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What Is Intestate Succession?
Intestate refers to dying without having a valid will. Based on the law of inheritance, intestate succession is what happens to property that has not been distributed by a legal will or other binding declaration. In North Carolina, if you die without a valid will, the state intestacy law will apply....
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