BERYS LAW | Business, Real Estate, Wills/Trusts

Employment contracts serve as the foundation of the relationship between employers and employees. They offer clarity and protection for both parties. However, when an employer fails to uphold their end of the agreement, it can lead to a breach of the employment contract. 

As an employee, you must understand your rights and options in the event of a breach. Here's what you should know about breach of employment contracts. 

Types of Employment Contracts

Employment contracts come in various forms, including written, oral, and implied contracts. 

• Written contracts are explicit agreements that outline terms and conditions of employment, such as salary, benefits, job duties, and termination procedures. 
• Oral contracts, while less common, can still be legally binding if certain criteria are met.
• Implied contracts arise when an employer's actions or statements imply an agreement to certain terms, even if not explicitly stated in writing.

Understanding Breach of Contract

A breach of...

Estate planning is a critical process that allows individuals to protect and manage their assets during their lifetime and ensure their wishes are carried out after their passing. For families with loved ones who have special needs, estate planning takes on added significance. 

Integrating special needs planning into your estate plan means protecting the long-term financial security and well-being of your loved one with special needs. Here's why and how you should incorporate special needs planning into your comprehensive estate plan:

Preserve Eligibility for Government Benefits

Many individuals with special needs rely on government benefit programs such as Supplemental Security Income (SSI) and Medicaid for essential support and services. However, eligibility for these programs is often contingent on meeting strict income and asset limits. 

Without careful planning, inheriting a significant sum of money or assets could jeopardize your loved one's eligibility for these critical ben...

Buying a home is one of the most significant financial transactions individuals undertake in their lifetime. When purchasing a property, buyers rely on sellers to provide accurate and transparent information about the property's condition and history. 

However, in some cases, sellers may fail to disclose material defects or issues with the property, leading to disputes and potential legal action. Below, we'll explore what buyers need to know about suing a seller for non-disclosure in real estate transactions.

What Constitutes Non-Disclosure

Non-disclosure occurs when a seller fails to disclose material facts or defects about the property that could affect the buyer's decision to purchase. Material facts may include structural issues, water damage, pest infestations, environmental hazards, or legal disputes affecting the property. 

Sellers have a legal obligation to disclose these issues to prospective buyers, and failure to do so may constitute fraud or misrepresentation.

Legal Re...

Drafting a comprehensive and legally sound lease agreement is a critical step for landlords and property owners when renting out their properties. A well-drafted lease agreement has important benefits. It protects the rights and interests of both parties and also helps prevent potential disputes and misunderstandings down the line. 

However, many landlords make common mistakes when drafting lease agreements that can lead to legal complications and financial losses. Below, we'll highlight some of the most common mistakes to avoid when drafting lease agreements for rental properties.

Failing to Clearly Define Terms and Conditions

One of the most common mistakes landlords make is failing to clearly define the terms and conditions of the lease agreement. Ambiguity or vague language in the lease can lead to misunderstandings and disagreements between the landlord and tenant. 

It's essential to clearly outline important provisions such as the duration of the lease, rent amount and due da...

Probate is the legal process through which a deceased person's estate is settled, debts are paid, and assets are distributed to beneficiaries. While probate is intended to be a straightforward process, it can often be plagued by delays and complications, leading to frustration and uncertainty for heirs and beneficiaries. 

Below, we'll explore the common causes of probate delays and provide insights into how to navigate them effectively.

1. Complex Estate Assets

One of the primary reasons for probate delays is the complexity of the deceased person's estate assets. If the estate includes a variety of assets such as real estate, investment accounts, business interests, or valuable personal property, it can take time to gather and assess the value of these assets. 

Additionally, assets located in different jurisdictions may require separate probate proceedings, further complicating the process.

2. Disputes Among Heirs and Beneficiaries

Disputes among heirs and beneficiaries can signi...

Running a business is an ambitious endeavor that requires more than just a good idea and entrepreneurial spirit. From navigating legal complexities to managing finances and building a strong team, successful business ownership involves a complex approach. 

In this article, we'll explore the key elements necessary to run a business effectively and navigate the challenges along the way.

1. Clear Vision and Strategy

Every successful business begins with a clear vision and strategy. Define your business's purpose, mission, and long-term goals, and develop a strategic plan to achieve them. Identify your target market, understand your competitors, and differentiate your products or services to stand out in the marketplace. A well-defined vision and strategy provide direction and purpose, guiding your business decisions and actions.

2. Legal Compliance and Regulations

Navigating the legal landscape is essential for protecting your business and ensuring compliance with applicable laws and...

In an era where employee well-being is a priority, businesses are increasingly recognizing the importance of implementing health and wellness policies to create a positive work environment. When a business invests in the well-being of its employees, it can enjoy increased productivity, talent retention, and reduced healthcare costs. 

In this article, we will explore the key legal considerations businesses should bear in mind when establishing health and wellness policies.

Compliance with Employment Laws

When crafting health and wellness policies, it is imperative to ensure compliance with relevant employment laws. This includes adherence to federal, state, and local regulations governing issues such as leave policies, reasonable accommodations, and disability discrimination. 

Familiarity with laws like the Family and Medical Leave Act (FMLA) and the Americans with Disabilities Act (ADA) is important to avoid legal pitfalls.

Privacy and Confidentiality

Establishing health and well...

Angel investing, which is characterized by high-risk, high-reward opportunities, is a dynamic realm where promising startups seek financial support from affluent individuals known as “angel investors.” 

The allure of potential returns can be enticing, but seasoned investors need to understand that success in angel investing hinges on thorough due diligence. Below, we explore the paramount importance of due diligence in angel investing and how it serves as the linchpin for informed investment decisions.

Mitigating Risks and Protecting Investments

Due diligence is the meticulous process of investigating and evaluating a startup's financial health, business model, and overall viability. This comprehensive assessment aims to uncover potential risks and weaknesses that might not be immediately apparent. 

By delving into the nitty-gritty details of a startup's operations, angel investors can identify red flags early on, allowing them to make informed decisions and protect their investmen...

Estate planning is a comprehensive process that goes beyond drafting a will. One often overlooked but crucial aspect of estate planning is the designation of beneficiaries. 

While many individuals may focus on the distribution of assets through a will, the importance of beneficiary designations should not be underestimated. Below, we explore why beneficiary designations matter and how they play a pivotal role in the overall estate planning process.

1. Direct Asset Distribution

Beneficiary designations allow for the seamless transfer of certain assets directly to the intended recipients without the need for probate. Assets such as life insurance policies, retirement accounts, and payable-on-death (POD) bank accounts typically pass directly to the named beneficiaries. This direct transfer mechanism provides a quicker and more efficient distribution of assets to heirs.

2. Avoiding Probate Delays

Probate is the legal process through which a deceased person's assets are distributed und...

The world of commercial real estate involves a diverse range of participants such as developers, contractors, buyers, and sellers. Amidst this complexity, construction defects are considered as a significant legal concern. It has the potential to create disruptions in real estate transactions, sparking disputes and financial repercussions.

Below, we explore the nuances of construction defects and their impact on the legal landscape of commercial real estate transactions.

Understanding Construction Defects

Construction defects encompass a broad spectrum of issues arising from the design, materials, workmanship, or other aspects of the construction process that result in substandard or faulty conditions in a property. 

These defects can manifest in various forms, including structural deficiencies, water intrusion, faulty electrical wiring, plumbing issues, or problems with finishes and aesthetics.

Impact on Real Estate Transactions

Financial Implications

Construction defects can h...