How to Understand Family Law ?

If you do not want to talk to your spouse that is understandable. Some divorce cases can be very acrimonious. If you do not want to experience any any contact with that other person, then you should just hire a divorce attorney.

They could act as a go-between for you and your spouse. This would mean that you can minimise the contact that you have with the spouse that you are divorcing..


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crowdfunding

Since the advent of crowdfunding, there has been much discussion and confusion about the true nature of what the internet community refers to as a “crowd” process. On the one hand there are traditional crowdfunding venues which allow projects to set a goal and a term for their campaign and award them the funds if they reach both. There are also subscription crowdfunding options that allow a smaller contribution on a regular schedule.

On the other hand there are crowdsourcing initiatives where a large group of people contribute labor, ideas, and properties to the completion of a project. The two terms are sometimes confused, as they both describe roughly the same process. Once it is clear what crowdfunding actually is and how it is viewed legally, some of the confusion subsides. However, the details often inspire more questions than they answer.

One of the key questions regarding crowdfunding is the legal relationship between contributors and the person or persons responsible for the campaign. What exactly is a crowdfunding contribution from a legal standpoint? Do contributors have any rights? Does the person running the campaign? If so, what are those rights and how to they interact?

Does the campaign even need to use the funds for the stated purpose?

Capitalism and the Crowd

It isn’t surprising that crowdfunding emerged as a means of capitalizing creative and productive enterprises on the web. The idea of gathering investors, pooling capital, and creating useful products is the essential foundation of America’s entire economy and way of life.

In the classic capitalist model, a principal will recruit a group of investors and offer them equity in his or her company in exchange for the funds necessary to build a factory or office, hire employees, design products, establish distribution, and so forth. This exchange of equity for money is the fundamental equation that drives both capital formation and wealth in a capitalist model.

When an investor buys equity, they are issued stock and from a legal standpoint they own a share of the company itself. What proportion of the company they own depends on several factors including how many investors there are, what the value of the company is and how much of the company was initially offered. That stock gives an investor a wide array of rights, often including the right to participate in shareholder votes, the right to elect directors, and the right to approve or block major transactions like selling company assets.

Donation vs. Equity

Crowdfunding operates on practically the same model as classical capitalism with one very important difference. When an individual contributes to a crowdfunding campaign, there is no equity offered or transferred. In fact, most crowdfunding platforms prohibit solicitation for the sale of securities like stock in a new company. The reason for this is the Securities and Exchange Act of 1933 prohibits any individual from soliciting the sale of equity or stock without taking several fairly exacting regulatory steps including the offering of a prospectus, qualifying investors in advance, and making audited financials available.

To avoid these fairly expensive and time-consuming regulations, crowdfunding platforms simply prohibit the exchange of shares, equity or stock for contributions to the crowdfunding campaign. Once this exchange is prohibited, crowdfunding goes from capitalism to a gift.

And once it’s a gift, all the legal requirements vanish.

Gifting As Capital

One of the basic tenets of law is the concept of a contract. Party A and party B reach an agreement. Consideration (i.e., something of value) is exchanged. Both parties must live up to the requirements of the contract. This is one of the major misunderstandings about crowdfunding.

Although a campaign might say it wants to raise money to do certain things, from a legal standpoint, no contract exists between the campaign, the company, the principals, and the contributors. No stock is exchanged. No equity is awarded. In most cases, the crowdfunding platform itself prohibits any ex parte relationship between contributor and campaign. Once all of the potential relationship categories are foreclosed, all that is left is the fact that any contributions are gifts. The campaign can give its contributors products, rewards, and perks in the form of souvenirs or products – but the person contributing can’t own any interest in the company or endeavor.

The Campaign’s Responsibilities

So the question of whether a campaign must use its funds in any particular way is relatively easy to answer from a legal standpoint. Since there is no agreement or contract in place, the campaign has no legal obligation to perform in any particular way. The contributions are gifts. No equity is exchanged. Even if the campaign makes elaborate and specific promises, from a legal standpoint that’s all they are: promises. There is no legal basis to enforce them, especially when you take into account that most crowdfunding platforms involve worldwide participation.

While it might not be ethical or good for a particular organization’s reputation to gather up a lot of contributions and then run off with the money and fail to deliver anything, the truth is there is really no way to force the recipient of a gift to dispose of it in any particular way. Whether this is good or bad really depends on the relationship between the campaign, its principals, the contributors, and the community.

Most crowdfunding is conducted in minimal amounts, so the average contributor isn’t facing much risk if their contribution ends up disappearing. And while it might be nice if contributors could have some assurance their money will be utilized properly, at some point more regulations will simply turn crowdfunding into investing. Worse yet, it would be investing without the delivery of anything of real value to the contributors – other than the satisfaction of being part of a new idea and helping to build and deliver it.

Crowdfunding and crowdsourcing both are considered emergent properties of the internet. When a community of a certain size forms, conventions and institutions like crowdfunding are inevitable, as there will always be a market for inventors and their patrons. The next step will be to find a way to help both inventors and patrons build wealth through the distribution of equity and ownership.

man holding money

It’s no secret that getting divorced is not cheap, and you shouldn’t let a lack of money cause you to stay in an unhappy marriage. Nowadays, many people are using crowdfunding to raise money for various things, from money to cover medical expenses or funerals to funds to purchase a home. Because of this, you could be thinking about using crowdfunding as a way to get together the money that you need to get divorced. However, you may be wondering if it’s legal to do so, and whether there are any negative repercussions that may nip your efforts in the bud. Luckily, it’s both legal and possible to crowdfund your divorce, so let’s take a look at the details.

Choose the Right Crowdfunding Site

First of all, you’ll want to choose the right site. Make sure that you check the terms and conditions of each site that you are thinking about using to ensure that you can ask for money for a divorce on that platform. Additionally, you will probably want to choose a popular, well-known platform. This can give people confidence that your campaign is not a scam, and can help you build more awareness about your campaign – both of which help increase the chances that you will get the funds you need.

Tell Your Story

You can’t just post a campaign asking for money to get divorced and expect to be successful. Well, you technically can, but you probably won’t get the attention or funding that you are hoping for at the outset. It is far more compelling to tell your story. So if you are someone who doesn’t like airing your dirty laundry in a public format, then you might not be very successful at raising funds through crowdfunding. The more details that you give and the more compelling a story you tell – the more likely it is that people will want to help.

Add Pictures

As critical as sharing your story may be, adding pictures is the icing on the cake. We are a visual society. Sharing photos that demonstrate your plight, or put faces with all the names mentioned in your story makes your story more personal. Making it more personal makes people feel it more, and typically leads to more donations.

Talk About Your Plans

People want to know what you are going to be doing with the money that they give you. After all, they probably don’t want to fund wine and ice cream. If you share that you will be using the money for things like renting an apartment so that you can move out of the marital home, or for paying your divorce lawyer – people may be more likely to want to help you achieve these goals.

Post Regular Updates

People don’t like to feel like they are “in the dark” when they are donating money. Therefore, you shouldn’t just set up your campaign and then leave it alone. Instead, post regular updates. As you receive funds, consider posting updates about the goals that you are getting close to or the things that the money can and will be used for. Also, remember to thank the people who are donating to your campaign. If others see that you are appreciative for the people who have been helping you, then they might be more inclined to want to help you as well.

Share Your Campaign

Even though some people might naturally find your campaign through the crowdfunding website, you probably aren’t going to get enough views or donations to really do anything without a bit of extra advertising. One good way to get started is by sharing your crowdfunding campaign on social media. Then, all of your friends, family members, and acquaintances will see it and see that you need help. Not only might they try to pitch in and help you with raising the money that you need, but they might share your campaign with others to help encourage them to donate as well.

If you really want your campaign to be successful, you can’t just focus on sharing it once or twice. Instead, you’ll probably need to share it multiple times and on multiple different platforms. Then, those who haven’t already seen it or who might have forgotten about it can be reminded that they can donate or share your campaign with their own followers. Each time that you share your campaign on social media, you are sure to see at least a little bit of interest being generated. It can be easy to start to feel discouraged if you don’t think that you are getting quite the interest and support that you were hoping for, but continuing to share can help you increase your chances of success.

Be Realistic

It can be easy to be hopeful that you will be able to get all of the money that you need to cover your divorce through crowdfunding. After all, you have probably seen quite a few crowdfunding campaigns for various causes that were very successful. However, it is important to be realistic. If you are expecting for crowdfunding to pay for your entire divorce, you should know that there is a very good chance that this will not happen. Once again, divorce is expensive. There are also a lot of causes out there that people donate to, and your divorce campaign might not be quite as successful as a lot of the other causes. However, if you sign up on the right site, set up the campaign the right way and work hard to promote it, you could be pleasantly surprised by how much you can get to go toward your divorce-related expenses.

If you aren’t sure of how you are going to gather up the funds to pay for your divorce, then you may want to think about looking into crowdfunding. Fortunately, it is legal to do so, and it can be surprisingly effective at raising the funds that you need for legal costs – and for the cost of rebuilding your life during and after your divorce.

bid

Charity auctions and raffles are great ways to raise money, but there are many factors to consider before deciding which is the best way to meet your fundraising needs. The ability to pull off a successful and profitable event depends on your resources. They both require planning and organization. Advertising is necessary, along with acquiring donated items or prizes for auctions or raffles.

Raffles

Raffles are pretty simple and straightforward. They are used by a variety of groups and organizations to raise money, such as schools, churches, and charities. A raffle is similar to a contest, but you compete by purchasing a ticket for a chance to win a prize. The winning ticket is chosen from however many are sold, in a random manner to give everyone a fair chance. The prize could be something small like a gift card or concert tickets, or it could be an expensive item such as a brand new car or an all expenses paid vacation package. The more tickets you purchase, the greater your chance of winning, as this will increase your probability of having the winning ticket. The items that serve as winning prizes are typically donated by businesses that use the opportunity to advertise a wide range of products and services.

The time frame for a raffle from start to finish can be a few days or a few weeks, depending on what’s being raffled and other factors. After all the raffle tickets are sold, the group or organization that’s holding the raffle will collect all the entries and randomly pick a winner. Sometimes the winner is notified of their winning ticket via phone, mail, or social media – but in some cases ticket holders will be advised that their presence is required at the drawing in order to claim the prize. In the case of an extravagant prize, the drawing may be held at a special event with a lot of fanfare.

Charity Auctions

Charity auctions are typically held by nonprofit organizations, or any organization or group of people who wish to raise money for a good cause. There are different kinds of auctions, but most of them are categorized as live or silent auctions. Both types auction off donated items to raise money, but in different ways. These items can be obtained from a variety of sources, including retailers, restaurants, food and beverage suppliers, airlines, hotels, and even professional sports teams. A live auction has an auctioneer that interacts with the bidders, while a silent auction provides the bidders with opportunities to view and examine displayed items and then make their bids anonymously. The highest bidder wins the item in both. Charity auctions are typically held at event spaces with bidders receiving invitations beforehand. Entertainment, food, and refreshments are sometimes provided, along with a list of available items in the case of silent auctions.

Advantages of Charity Auctions

The main function of raffles and charity auctions is to raise money, and auctions definitely have an advantage over raffles in this area. Auctions have the capability of drawing large crowds of people to bid on big ticket items. This can bring in large sums of money in a short period of time. People at auctions, both live and silent, are usually more motivated to participate in the bidding process and part with large amounts of cash. Getting people to buy more than a few raffle tickets may be a bit more difficult. Live auctions also have the added advantage of an auctioneer, whose job is to perform and control the bidding process. Part of their job includes getting the crowd involved and motivated to place bids.

Another aspect of charitable events is recruiting volunteers. Depending on the size of your event and type of auction, the amount needed will vary, but you can carry off a decent sized auction with as few as 3 or 4 volunteers. A raffle on the other hand, would require many more people or hours of work to sell enough raffle tickets to make a comparable amount of money.

Another advantage of holding a charity auction is that people are more likely to part with their money if it’s going towards a good cause, especially something dear to their heart. They will also receive a nice item for their contribution, sometimes a one-of-a-kind piece, like a work of art. Raffles on the other hand, are a gamble – much like playing the lottery. The thought of paying for something with no guarantee of getting anything of value in return may not appeal to as many people. The exception might be if the raffle tickets are cheap, but then you will have to sell many more tickets or recruit more volunteers in order to reach your goal.

Silent auctions

Silent auctions can be used whether you have a few items or many; it’s just a matter of space and setting up the tables. If you only have a small number of items, you can incorporate your auction into another event and do it as a fun activity when your guests have free time. You will only need a few people to plan and execute the entire auction, unless you have a substantial amount of items and time constraints. You can raise a good portion of money even with a small amount of quality items. This type of auction practically runs itself. Everything that’s needed is provided to your guests, and it’s up to them to look at all the items, decide which they want, and place a bid by filling out the cards. Many large organizations have silent auctions at their events throughout the year as part of their fundraising efforts. Some attendees will participate in the auction just to provide additional support to the organization, or just for fun.

Live Auctions

Live auctions are a lot more exciting because it’s moment by moment action. When you see a must-have item, there are probably at least one or two others that also have their eye on it. This often leads to a bidding war and potential increase in funds raised. Live auctions have an auctioneer to hype up the crowd and encourage more people to bid, which usually drives up the prices of the items being auctioned. People get lost in the excitement and things can get very competitive. The extra money raised for each item can really add up.

Combination of live and silent auction

If you have a large number of items to sell, you can combine styles of auctioning and separate the items by price. Live auctions are better for big ticket items, as a good auctioneer can usually drive up the prices during the bidding wars. The items of lesser value can be placed on tables throughout your event, so guests will have easy access and can visit them as often as they like during breaks or intermissions.

charity

Accepting Land Donations: What Charity Professionals Need to Know

As anyone who’s been associated with a charitable organization can attest to, receiving donations is a welcome and somewhat rare surprise. Donations are an encouraging show of support that allows the organization’s professionals to continue their work, and the organization itself to continue to pursue its goals.

Accordingly, in the rare instances where charitable organizations receive large land donations, the immediate reaction is typically one of joy – given the financial and logistical byproducts of such generosity. The subsequent reaction is often one of mild nervousness, however, as there are some important considerations to review and understand in regards to land donations – preferably before one of these donations is accepted.

The good news is that once you adapt to these factors, land donations are easy to take advantage of, and are sure to provide charities with many valuable benefits.

To help any charitable organization that’s thinking of accepting a large land donation, let’s take a look at some factors to consider before doing so!

Staffing

The following tip is intended for charitable organizations that plan to use donated land in their own organization, as opposed to selling it to another party outright.

Receiving an extra 50 acres of land to use for charitable purposes is awesome, but what of the staff required to carry out an organization’s practices and work towards its goals on this land? Bluntly stated, many charities rush to accept land donations without considering the staffing implications of such a decision. To be sure, even maintaining land – before it’s built on or used for any significant cause – requires ample support.

Needless to say, charities should set aside the staff required to maintain any land that’s been donated before accepting such a contribution. They should obtain even more staff to operate any additional charitable components that are planned for this land, including new buildings and branches.

Potential Construction and Maintenance Costs

First, we’ll take a look at some of the potential construction and maintenance costs associated with donated land that’ll be kept and used by a charitable organization.

As every homeowner knows, land isn’t cheap to buy, keep up, or even live on. Moreover, the costs of maintaining land, building on land, and operating structures on land is significant to say the least. Thus, many charities and nonprofits are surprised to find that “donated” land ends up requiring a substantial amount of money to cultivate and put to use.

To assure that donated land doesn’t become a major financial burden to any charity, it’s imperative that the professionals responsible for accepting or passing on said donation meet with a financial expert beforehand to explore the long-term costs associated with owning the property. This consultation will require some type of upfront payment, but the financial benefits – including possibly saving a tremendous amount of cash later on – are invaluable. Generally speaking, the “background” costs of maintaining land – including landscaping, natural disaster response, waste removal, and more – prove more costly than anticipated.

Furthermore, the charitable professionals responsible for determining the potential uses of land should consult with construction experts to see roughly how much it would cost to erect the desired building(s).  Nearly every parcel of donated land will need at least one building to be built on it, or repaired. In some instances, the cost of repairing and modifying an existing building (especially when it doesn’t currently suit an organization’s wants and needs) will near that of constructing a new one.

For especially careful charitable professionals, it might also be worth meeting with energy experts at local electricity and natural gas companies to see what the cost of power on a piece of donated land will be (general construction blueprints must be drafted beforehand). Like the aforementioned land-maintenance expenditures – electricity and other forms of energy often cost more than one would think.

Now let’s take a brief look at what costs charities and nonprofits that plan to sell a donated piece of land may have to account for.

The scope of these potential costs is much smaller than that of modifying and using a land donation, but charity professionals would nevertheless do well to plan for them.

Land that will be sold may need to be landscaped and otherwise cultivated, and any structures it contains may need to be repaired. Unsightly land and homes fetch far lower prices on the open market. In some rare cases, such properties require months or even years to sell – a costly process in terms of realtor fees.

Project Management

From start to finish, the process of accepting a land donation can be taxing. It involves reviewing and recording its condition, meeting with professionals (realtors if the land will be sold, and construction experts if it will be used), selling it or beginning its construction, and assuring that all these things happen without issue. Furthermore, the process needs to be handled by a project manager – someone who is reliable, qualified, and willing to operate according to the wishes of the charity’s executives.

It’s important that a competent project manager or management team be selected and consulted before a land donation is accepted, to assure that the land is as valuable and useful to its recipient charity as possible.

These tips are sure to help any charity or nonprofit that’s considering accepting a land donation. As was initially stated, there are more factors to contemplate before accepting such a generous offering than most individuals realize, but once these factors are weighed and handled, the financial and operational benefits of the donation are sure to be significant.

Thanks for reading, and thank you to all the caring individuals and organizations that donate land, as well as the top-notch groups that put this land to good use!