Sarasota Non-Profit Lawyers
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Legal Services Offered by Our On-Demand Sarasota Non-Profit Attorneys
On UpCounsel, you can find and connect with top-rated Sarasota non-profit attorneys & lawyers that provide a range of non-profit law services for startup non-profits to more seasoned non-profits around the city of Sarasota. Any of the top-rated Sarasota non-profit lawyers you connect with will be available to help with a variety of your non-profit legal needs on-demand or on an ongoing basis.
From the forming of a non-profit organization to obtaining tax-exempt status from the IRS, to complying with federal and state laws governing fundraising and operations, the advice of experienced Sarasota non-profit attorney is crucial throughout each stage of your non-profit’s growth. Whether you are forming a 501(c)(3) or 501(c)(4), you can easily hire an experienced Sarasota non-profit lawyer on UpCounsel for your on-demand or ongoing non-profit legal needs today.
Improve Your Legal ROI with Affordable Non-Profit Attorneys that service Sarasota, FL.
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- 4 min read
What Is the Key Man Clause?
A key man clause (or key person clause) says that when certain executives of an investment firm are absent, the firm cannot make any new investments until they replace them. Investments need constant watching. Therefore, it's important for investment firms to always have someone in charge.
Key man clauses trigger anytime the executives named by the clause aren't spending enough time managing the firm's investments. This can happen if the executive:
- Suffers a permanent or long-term disability
- Spends too much time at another job
- Quits or is fired
- Is convicted of a serious crime
Whatever the cause happens to be, if the executive can't do his or her job, the key man clause puts investing on hold at the very least. Sometimes it means the investment firm has to end, depending on how big the firm is and how important the key person was. When
- 2 min read
Learn More about HIPAA Compliance for Businesses
Along with protecting workers from the exclusion of preexisting conditions, HIPAA also protects patients’ paper and electronically stored medical information through the Security Rule and Privacy Rule, which were implemented by the U.S. Department of Health and Human Services.
In order to be in compliance with HIPAA, each covered entity must ensure they are abiding by the Security Rule and Privacy Rule standards.
Security Rule - Safeguards and Compliance
The Security Rule, a HIPAA provision, was included to ensure the confidentiality, integrity, and availability of electronic patient health information (EPHI). There are three types of security safeguards necessary for compliance with the Security Rule: Administrative, Technical, and Physical. For each of these three types, there are security standards set fort
- 5 min read
What Is a Condition Subsequent?
A condition subsequent (CS) is an exit clause from an existing contract. The agreement between parties includes language that frees one of them from the deal. This happens when a conditional outcome occurs. A CS relieves a party of all obligations.
What's the Purpose of a Condition Subsequent?
Think of a condition subsequent as an escape clause. It ends a party's contractual obligation. In contracts, all involved parties have certain responsibilities. The CS gives one party the ability to walk away from their promise to perform a duty.
A CS is a kind of insurance for one or more parties. It makes sure that one of the groups in the contract can leave when certain conditions are met.
Think of a contract as a series of promises. Everyone who sings the agreement must keep their promises. Sometimes, a situation changes and leaves a party in a bad situation. The CS covers that group, protecting t
- 4 min read
Net 30: What Is it?
Net 30 is an invoice payment phrase that means the customer must pay the entirety of their bill in 30 days or fewer. Often if the customer does not pay within the 30 day period, interest is charged.
Not all clients will understand what net 30 means, so it is important to make a note somewhere on the invoice to let first-time clients know what is expected. If you have not received payment and the deadline for the net 30 payment is approaching, it is good practice to issue a reminder to your customer.
Advantages of Offering Net 30
- As the seller, offering Net 30 to your customers shows that you trust them. Some large companies and government agencies demand Net 30 terms from their suppliers, so offering Net 30 terms to your clients allows you to maintain a competitive edge against other businesses in your niche.
- As the customer, Net 30 is great because it allows you to conserve your c
- 7 min read
What is a Trade Secret?
A trade secret is any information about a business that could give a competitive advantage to another person or business. It is something that is not generally known or easily obtainable by others which can include confidential manufacturing, industrial, or commercial information.
A trade secret can also be described as valuable and exclusive knowledge that created by the work of a person or a company that has an economic interest in keeping it. This is usually because the owner gains a competitive advantage in the marketplace as a result of the trade secret.
A trade secret is defined very broadly and can include any of the following:
- commercial methods, such as distribution or sales methods
- advertising strategies
- lists of suppliers or clients,