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What factors are important in an NDA?

Whether you are an individual employee, contractor, partner or distributor working with a company or you are a representative of a company working with one of those individuals in Indiana, you may be in a position that warrants the sharing of confidential business information. In most cases involving these two types of parties, it is the larger company that must disclose information that it wants to control. There is a special type of contract called a confidentiality agreement or a nondisclosure agreement commonly used to do just this.

As explained by Forbes, any good NDA should very clearly outline exactly what information is to be kept secret and identify if there are any types of information that are excluded from the protections. The contract should also stipulate who information may or may not be shared with and detail provisions surrounding the method of information sharing. For example, information may be allowed to be discussed verbally but not in writing.

3 benefits of collaborative divorce

Based on what you see in the movies, you may think that your Indiana divorce has to be long, drawn-out and vicious, but increasingly, many divorcing couples are realizing that this does not always have to be the case. At Katzman & Katzman, P.C., we recognize that collaborative divorce can often be quicker, easier and less painful than a traditional litigated divorce, and we have helped many clients part ways with their spouses while limiting or even eliminating any bitterness that exists between them.

According to Family Circle, a collaborative divorce is essentially a type of divorce that stays out of the courtroom, with both parties involved in the process agreeing to work through their issues until they arrive at a mutually agreeable solution. This type of divorce often brings with it certain benefits, and one of the biggest benefits is a lower price tag.

Is my home’s previous owner required to notify me of defects?

When you move into the home you just bought, the last thing you want is to find out there are defects that can affect your quality of life and even your safety. Unless you knowingly bought a fixer-upper and are prepared to make the repairs, you expect your new home to be reasonably free of problems. Unfortunately for many Indiana residents, construction defects sometimes show up after the deed changes hands, which can be costly and affect the home’s resale value.

As FindLaw explains, defects in the home should be detected during the home inspection, before you make the purchase. Usually, the seller would be required to fix these issues or, at the very least, to notify prospective homebuyers of the defects. Many such defects are not uncommon and are relatively easy to find, including mold, drainage problems, faulty plumbing and cracks in the foundation. Dry rot, substandard building materials and serious structural defects may be more difficult to spot in the home inspection. In fact, it could be years before you notice any issues.

What makes a non-compete agreement fair?

All companies have their secrets, from the most successful corporate entity to the smallest startup. Standing out from the competition and having a unique formula are what help businesses thrive. Like other Indiana business owners, you want to protect the confidential information that keeps your company in the running – whether it be a list of loyal clientele you worked hard to cultivate or a top-secret recipe.

The immediate answer may be to include a non-compete agreement in your employment contract. However, it is important to understand that many people believe non-compete clauses are unfair and impede competition and employment prospects. It can also be difficult to enforce the terms of an overly strict non-compete agreement.

Sharing parenting responsibilities after divorce

As a parent, you know that your divorce will change the relationship that you have with your children. The end of a marriage requires that every member of your Indiana family adjust to new schedules and lifestyles. This is not easy, but you and the other parent may be in agreement about one thing -- to provide security and stability for your children above all else. 

One way that many parents do this is with a shared parenting plan. If this is what is best for your family, you will have to work along your ex to parent your kids, make important decisions on their behalf and help them through the post-divorce transition. Before you agree to any terms or start negotiating on a custody agreement, it may be helpful for you to learn about shared parenting and how you can still fight to protect your parental rights.

Are high assets a hurdle in divorce?

As Indiana residents going through a divorce, you and your spouse will eventually have to deal with the division of your shared assets. However, the more assets you have, the more complex matters of division and support payments can become. At Katzman & Katzman, P.C., we work to help you through these difficulties.

The biggest potential issue when it comes to high asset divorces is the fact that spousal support, alimony, and child support payments are all determined based on you and your spouse's financial situation at the time of the split. Naturally, you expect to get the full amount possible in order to keep yourself financially afloat.

Common forms of cheating in esports

With esports tournaments now holding millions of dollars in cash prizes for the competitors, many gamers try to find an easier and less ethical way to win. Just like with any competitive sport, cheating is prohibited in major tournaments and will result in severe consequences for the guilty player. Typical punishments include a ban that can last from one year to a lifetime, disqualification and forcing a player to forfeit their prize money.

It can feel difficult to catch these dishonest gamers in action due to the quick and sometimes chaotic nature of the competitions. Regardless, it is important to be aware of these types of cheating so you can avoid succumbing to similar habits yourself and to help you keep an eye out for suspicious behavior while you play.

Important elements of business planning

Many Indiana residents may like the idea of starting a business but realize they do not know what steps they need to take. There are several things people should consider as they put together their business.

Before people launch a company, it is important for them to do thorough research. According to Business News Daily, entrepreneurs have to understand the market and their competitors if they want their business to be a success. Research can help people determine how unique their product really is and how it fills a void in the market. Additionally, it is a good idea to consider potential customers, as well as how to reach them. As people consider starting a company, they also need to think about potential colleagues. Someone may have a great idea for a business but he or she may not have all of the skills necessary to make the business a reality. It is a good idea to work with people who can provide accounting or legal services or other skills someone may not possess. People may also want to consider working with a mentor.

Understanding easements

Reading through the contract may be one of your least favorite things about buying a home, but as we at the law office of Katzman & Katzman, P.C., are aware, it is important to fully understand each item in your deed, as there may be surprises pertaining to the property that you were unaware of. This is especially true when it comes to easements. You and other Indiana residents should understand the purpose of an easement, as well as how it can affect the ownership of your home.

Easements give others legal access to certain areas of a privately owned property, as SFGate explains. Usually, an easement is included in the title for utility or maintenance purposes. For example, you may have an underground power cable or water main in your backyard. If there is a problem with the utility, an easement gives workers the right to enter your property and even to dig or alter landscaping to make repairs or to add or remove equipment.

How should I spend child support?

It may be a relief to receive child support from your ex-spouse. However, he or she may say that you can only spend it on certain things, or even demand to see receipts on your child support expenditures. Your family and friends may also tell you that the state will monitor your child support spending. Like other Indiana residents, you may be confused and worried as to which of these claims are true.

FindLaw explains that child support is meant for your children’s physical and emotional needs. As such, you may choose to spend it on certain necessities, such as the following:

  • Food, clothing and medicine
  • Utilities, rent and household goods
  • School supplies, tuition and extracurricular activities
  • Doctors’ appointments and medical insurance premiums
  • Savings for emergencies

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Katzman & Katzman, P.C.

Katzman & Katzman, P.C.
3500 Depauw Blvd., Suite 2100
Indianapolis, IN 46268

Toll Free: 866-557-8841
Phone: 317-973-0881
Fax: 317-872-5769
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