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Taylor Legal Blog

Why Your Start Up Business Needs A Lawyer

Posted by Katherine L. Taylor, Attorney | May 20, 2019 | 0 Comments

If you are starting a new company in Maryland, particularly a small business, you may wonder, "why do I need a lawyer?"  With the abundance of information readily available on the Internet, couldn't you save money on lawyer fees by not retaining a business lawyer from the outset and just hope leg...

Eminent Domain Procedures In Maryland

Posted by Katherine L. Taylor, Attorney | Apr 22, 2019 | 0 Comments

Eminent domain occurs when the state takes an owner's real property for public use. The process is called condemnation. This seems unusual to many. Why, they ask, can the government take my property? It's not that simple and there are safeguards in place to protect an owner facing condemnation. ...

Do I Have a Valid and Binding Contract?

Posted by Katherine L. Taylor, Attorney | Apr 08, 2019 | 0 Comments

          Is the agreement I just entered into a legally binding contract? In general, a valid contract requires four elements: offer, acceptance, consideration, and performance. The process begins when one party offers the terms for the contract. Next, the other party can accept, reject, or requ...

The Importance of Property Succession

Posted by Katherine L. Taylor, Attorney | Feb 11, 2019 | 0 Comments

Whether you decide to sell, retire, or leave your business due to health reasons, it is important that you plan for the day you will no longer be able to run your company. Succession planning is a very important part of business planning and is something that you should address when you first go ...

What is a B Corporation?

Posted by Katherine L. Taylor, Attorney | Jan 07, 2019 | 0 Comments

Benefit Corporations (also known as B Corps) are corporations formed with the intent to create a beneficial public good. B Corps are held to a higher standard than traditional corporations in that they must create social, environmental and community benefits. The first official B Corp was created...

What, exactly, is an easement?

Posted by Katherine L. Taylor, Attorney | Aug 13, 2018 | 0 Comments

What is an Easement? An easement is the legal or equitable right of someone to use the land of another for a specific or special purpose, often to travel over the land in question to reach another area of land.  An easement is a legal right if it was created by a legal instrument, like a deed. A...

Franchise Law in Maryland

Posted by Katherine L. Taylor, Attorney | Jan 30, 2018 | 0 Comments

Franchise law is complicated. According to the Maryland Attorney General, Maryland is one of about 15 states that requires "registration" of franchise offerings.                 What is a franchise?  Maryland Annotated Business Regulation Code,  Section 14-201 defines it as follows:        ...

Do I Owe Self-Employment Tax?

Posted by Katherine L. Taylor, Attorney | Jan 16, 2018 | 0 Comments

If you are "self employed" you must pay "self employment taxes." According to the IRS, you are self employed if you are a sole proprietor, independent contractor, member of a partnership, or are otherwise in business for yourself, including part-time businesses.                  The term "self...

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