An Overview on Silent Partnership Agreement

Silent partnership agreement is crucial to run a joint venture smoothly:

Silent partnership agreement is basically a legal agreement between two or more people who enter into a joint venture but in a silent partnership the responsibilities of partners are different from each other. In the silent partnership, the silent partner usually provides finances and stays away from the day to day working of the business while the other partner or partners manage to run the daily affairs of the business. The silent partner do not participate in daily management affairs as he is not responsible for the running of the business but shares the profit or loss according to the pre-determined ratio.

The only responsibility of a silent partner is to provide financial investment to a joint venture while the other partner or partners take the responsibility to run the business by managing the daily affairs of the joint venture. While doing a silent partnership in South Africa, it is highly recommended to draft a silent partnership agreement which will help in the smooth run of the joint business and will also assist in resolving the disputes or misunderstandings that may arise in the course of the business.

Legal importance of silent partnership agreement in South Africa: While running a joint venture in South Africa in which a silent partner is involved, drafting and signing a silent partnership agreement becomes very important. It comes under the South African Companies Act, 1973. This partnership contract helps all partners involved in a silent partnership to determine the duties or responsibilities of each partner and also to define the procedures to resolve the disputes in this partnership in a mutually agreed fashion without going to the court. This silent partnership agreement is drafted by the mutual consent of all partners and helps them to run the business without experiencing any sort of disapproving situation. This agreement clearly states the responsibilities of the silent partner that he is supposed to provide financial investment and the other partner will work hard while participating in the managerial duties and will tackle day to day affairs to run the business. With the help of this silent partnership agreement, all partners will be able to resolve their disputes easily in a peaceful manner instead of going to the court in South Africa. This silent partnership agreement is comprised on the following major points.

Name of Business

Location or physical address of business

Nature or the business

Contributionsfrom partners (time, money, property etc)

Profit/loss sharing ratio

Responsibilities of all partners (silent and others)

Decision making

Termination of the agreement

In a country like South Africa, it is very important to draft a silent partnership agreement which plays a vital role in the smooth sailing of a joint venture and helps all parties to resolve their conflicts rather easily.

Net Lawman are adept in providing all kinds of silent partnership agreement templates which are highly beneficial for people who are going to start a silent partnership as these templates are drafted in a comprehensive and easy way in plain English which can be edited easily according to the requirements of people.

Different Types Of Legal Services Offered By Solicitors

If you are faced with legal issues, there is no other way of getting out or ahead of them other than getting assistance from someone who knows legal matters best. A lot of solicitors in the United Kingdom proliferate over the country to extend help to people who need to go through due processes. Every solicitor works on varied specialisations, and you should take it upon yourself that the firm of your choice is offering the legal service that you need.

An example of common legal services provided by solicitors is residential conveyance. House transfers can leave you stressed, especially the paperwork. Properties entail legal papers, and whether you are a greenhorn buyer or an experienced property developer, it can be beneficial to seek help from solicitors.

There are a lot of concerns regarding property ownership – but they can possibly work on it for you. Dealing with properties would mean having to deal with land registration, or possible mortgages. You might have queries about boundaries and how much claim you can acquire. These can be answerable by legal counsels who have gained years of experiences in handling legal land titles for different kinds of owners. Moreover, in the case of property developers, assistance can be addressed specifically to the likes of planning agreements, conditional contracts, pound acquisitions and unilateral undertakings.

Suppose you are planning to invest in a small-scale business. Eventually, if coupled with hard work and perseverance, you may develop into a multinational company. Chances are you need to keep your business on the road and you need a reliable team of law experts to take care of commercial legal matters.

Solicitors give assistance to private or public companies that want to put in effort for their company’s legalities. These people will work closely with you, like they are part of your team, and will work towards achieving the same goal as yours.

In a similar scenario, should you be caught off guard in a corporate crisis, there are groups of lawyers who can help you in difficult decision making to recover your investment and re-align your corporate goals. Solicitors will work as your ally, so that all transactions are marked with legality.

For employers and employees who share a working relationship, legal advice is indispensable. Both parties are covered by employments laws that are very well covered and defined upon contract signing – a proof of mutual agreement. For an employee’s part, solicitors can walk him through employments rights that are owed to him. Employers, on the other hand, can consult for legal advice regarding revisions of new contracts before they are implemented to new workers. Employment policies are dynamic and if an employer seeks legislation of new rules, implementation is possible through a revised contract. However, even in the best of companies, a power struggle between both parties is inevitable.

The line can be therefore drawn if there are rules to set things straight and there are lawyers who can give no-nonsense counsel. Consulting legal solicitors will pave the way for an honest appraisal of the matter, so that you will know where exactly you stand and the other will know where you are coming from.

California Law Just Got Tougher For Those Who Would Commit Financial Elder Abuse

California is anticipated to pass three new bills that would strengthen elder abuse laws in the state. Among other things, the definition of undue influence would be updated as it relates to financial elder abuse. Notary Publics are now required to report suspected financial elder abuse when they identify it. These new requirements are meant to strengthen laws that protect vulnerable senior citizens from financial elder abuse. Oakland financial elder abuse attorneys say that these new laws are a welcome tool that will help combat financial fraud against the elderly.

Recently, California regulators have been accused of disregarding or ignoring complaints of elder abuse. According to a report issued by the Center for Investigative Reporting, in 2009 the California Department of Public Health ordered it’s investigators to dismiss about 1,000 complaints regarding financial elder abuse and theft. What this means is that those 1,000 complaints may have been closed without investigation. Oakland financial elder abuse attorneys say that every complaint of financial elder abuse and neglect deserves to be investigated.

Unfortunately, many cases of financial elder abuse are perpetrated by family members that were trusted to look after the best interests of their loved ones. Once a power of attorney is given to a family member, they have control over the finances of the senior citizen. Often, that leads to financial elder abuse. When financial elder abuse is committed by a family member, it is less likely to be reported. Oakland financial elder abuse attorneys remind the public that the instances of financial elder abuse continue to increase.

Assembly Bill 477 requires Notary Publics to report financial elder abuse when they suspect it. Assembly Bill 140 updates the definition of undue influence related to financial elder abuse. Assembly Bill 381 allows the court to give attorney’s fees and costs in scenarios where senior citizens are financially abused by people who have the power of attorney.

Evans Law Firm, Inc. handles elder abuse, financial elder abuse, physical elder abuse, annuity fraud, consumer fraud class actions, insurance and banking fraud cases. If you think that you have witnessed or are the victim of elder abuse, or financial fraud then contact Evans Law Firm, Inc. at 415-441-8669 for a free and confidential consultation, or email us at

Get Great Legal Representation By Hiring A Seasoned And Trustworthy Employment Attorney

There are great opportunities in New York; individuals with the right mindset and expertise can even make their life successful in this city. Definitely, there is a lot of competition happening in this city. Nonetheless, this doesn’t stop individuals from giving the very best of their skills. Alternatively, the Big Apple also seems like a battle field of legal complaints. One of these lawsuits incorporate employment matters. In scenarios like this, it is actually important to employ an employment lawyer with a great reputation.

It is normal for large companies to secure their very own lawyers. These lawyers will stand for them in the court each time employment-related issues happen. Workers, alternatively, should keep in mind that the law requires them to defend themselves within the court. Employers could possibly violate your rights. If this happens, then be sure to acquire expert advice from a New York employment lawyers. Appropriate legal actions should be exerted in no time when a work-related issue happens as there is a tendency you won’t win the case if you delay your moves.

Nearly all people employ employment lawyers only when they need to file a lawsuit. This practice is in fact wrong. Bear in mind that lawsuits are not just pricey; they are time consuming and psychologically draining as well. This is the reason exactly why disputes ought to be fixed initially through in and out court negotiations with your employer. For the most part, this assists prevent a full-blown legal battle to occur. A NYC employment attorney will search for a way to maintain your advantage during the negotiation. Aside from that, he or she will also help you all the way.

If legal action is unavoidable, then be sure to seek professional help from an employment attorney. Employment laws are really complicated, and amendments are frequently done. If you make one false move, then your chances in winning your case will drop. This is really because there are loopholes and also traps in legal issues. Due to this, you will need the help of employment and civil litigation lawyers. Trustworthy and veteran employment lawyer NYC is the right option when it comes to giving clients a better result of their case.

With regards to legal guidance, the extensive legal understanding of NYC employment attorneys is exactly what small businesses and non-profit organizations are after. The help of these brilliant experts offers businessmen the confidence that they’re abiding to all the rules of employment established by the New York City government. Safety standards and other employer responsibilities must be met, without taking consideration of the companys size. Furthermore, to ensure there are no violations of the employment laws, companies can also get the services of employment attorneys to make a draft about the company policies.

Just like everybody, you may be confused as to where you must begin. Fortunately, employment attorneys NYC are just a call away if you want to consult about legal issues. By telling them your situation and the entire truth, they will know the most effective ways concerning how to address your problem. Lastly, the employment attorneyis professional enough in setting up best methods to aid solve your legal concerns efficiently and successfully.

Five Key Factors Fueling The Secret Of The Law Of Attraction

Little do people know, but the secret of the law attraction is something that is far more complex than the media is making it out to be. Case in point: there are five very specific key factors that serve as the fuel and guiding light of this secret. If you want to harness the secrets power effectively, you have to get to know these key factors on a more intimate level. These factors are:

1.To make money, the secret of the law of attraction requires us to do something we really love. Focus your energy and attention on what you want to do, not what others think you must do. Just because a so-called expert says that the money is in a specific field or industry, it doesnt mean you must join the bandwagon. In order to create and deliver value to others on a consistent basis, you must do something you love. If you enjoy your work, it doesnt become work anymore. The drudgery is removed and you actually look forward to Mondays to begin another productive week. Now if you were doing something thats not right up your alley, consistency gets thrown out the window pretty quickly. So once again, do what you love. So what if others think you should be selling tacos instead of Belgian waffles? Go sell Belgian waffles and youll do great at it!

2.To make money, the secret of the law of attraction requires us to pay our debts. Its going to be hard to earn money and set aside a significant portion of it for savings if most or all of it goes to your I.O.U.s each month! The problem with many people is that they stop paying debts thinking its best to just take care of them once they start earning good income. On the contrary, any decent income you will have started earning will only go to paying the bloated interest and other penalty fees that got tacked on while the debt remained unpaid for months on end.

3.To make money, the secret of the law of attraction requires us to choose the right people. Being with the right people can open doors for us. This doesnt mean we have to morph into social climbers or gold-digging opportunists. The right people are individuals who can serve as good role models and even mentors to us. For example: you want to become a good stockbroker. You want to learn the ins and outs of the stock market but dont know where to start. You can take the first few steps by taking courses and joining professional organizations where you can meet stockbrokers who can give you tips and tricks.

4.To make money, the secret of the law of attraction requires us to wholeheartedly accept opportunities that come knocking on our doors. It is somewhat amusing that plenty of us wish for opportunities to come our way, and when they do, we get into a tizzy over whether to accept them or not. If you recognize an opportunity, grab it! Why waste time debating on whether things will work out or not? The only way you will find out is if you give it a shot! Remember: nothing ventured, nothing gained.

5.To make money, the secret of the law of attraction requires us to pay it forward. Money has a way of coming back to us plus some when we share our blessings to people who dont have much. The people you help have the potential to repay you in kind and so much more in the future. Sure, not all of the people you help will return the favor, but the ones who have a sense of gratitude and decency will reward you in good time, and so will the universe.

Knowing these five factors behind the secret of the law of attraction is the thing that can set you apart from all the other people all over the world who are trying to harness the secrets power for themselves. So, get to know these factors by heart, and always bear them in mind every chance you get. Soon enough, the power of the secret will just come to you quite naturally.