McMechan Law, LLC.

Businesses fail all the time, risk is inherent, but its better to have risked than to have never tried at all. Many of the richest people failed many times before they succeeded once.

Never lose your fire!

Definitely a non standard estate plan. Almost certainly the kids are going to challenge it, lol.

Hermès Heir Wants to Give Half His $12 Billion Fortune to His Gardener | Entrepreneur Nicolas Puech, the grandson of Hermès' founder, intends to legally adopt the 51-year-old former groundskeeper as his son, ensuring he inherits his...

Data from largest clinical trial of pre-symptomatic Alzheimer’s disease now widely available Press Release Data from largest clinical trial of pre-symptomatic Alzheimer’s disease now widely available Researchers from the Keck School of Medicine of USC, who conducted the first and largest phase 3 clinical trial of pre-symptomatic Alzheimer’s disease, have launched a new platform to share...

https://mcmechanlaw.com/navigating-the-sale-of-your-business-key-steps-and-considerations/

McMechan Law, LLC. An Aurora CO law firm, real estate lawyer, business and contracts, probate, Wills and Trusts, Special Needs Trusts, Bankruptcy, foreclosure defense.

Hello, this is a Colorado business focusing on the growing movement toward trained workouts:

“Colorado” - Arvada looking for trainers and collaborations.

Quote's Jungle is growing

Quote's Jungle, a private fitness and training center located in Arvada, Colorado, is making their facility available to a few qualified personal trainers.

Specifically, we are opening our unique facility to trainers who have their own established clients. Perhaps they need more space to accomodate their clients. Maybe they could diversify their training with access to unique equipment found only at Quote's Jungle.

We will remain a private, appointment-only facility, not open to the general public.

If your coaching or training business could benefit from new surroundings, reach out to us and we'll see if we can make something work.

https://eform.pandadoc.com/?eform=9a7d0bfd-13bc-450f-b7bc-7ceac9a9febd

Quentin "Quote" Jones

eForm

https://www.mcmechanlaw.com/my-blog/wills-trusts-estate/us-moves-closer-to-national-ban-on-non-competes-with-influential-new-york-ban/

NY will ban non competes, a step up from most states which have policies that heavily constrain them, and this is likely to eventually reach the rest of the US. Its better for all employees and companies to separate the threats to information security from the damaging effects to competition. Workers should be able to openly compete in the marketplace of their labor, just as those employees who steal company secrets on their way out (bona fide secrets, not forms, not a few phone numbers stored in their own cell phones) should be punished for doing so. Separate issues is where it belongs.

Via Atlantic Monthly, a publication with over 140 years of ethical history, not failing btw, for Syracuse NY part of the old Rust Belt:

"Ultimately, Bidenomics will be judged by whether it actually delivers for the people and places that lost out under the old economic-policy consensus. From my adopted home 250 miles away, I’m watching Micron’s arrival with cautious optimism. Americans have long been lauded for our willingness to pick up and move, to “go west” toward new frontiers and opportunities. But maybe we shouldn’t have to. And maybe, in a few decades, we won’t. A generation from now, Syracuse may be churning out semiconductors like it once did televisions and air conditioners. Maybe more children will be able to envision a good middle-class life where their roots are—not just in Syracuse, but in places like Detroit, Columbus, northwestern Indiana, and more. The old order had too little use for too many places. We may be witnessing the birth of a new one that spreads possibility and meaning across more of America."

My Hometown Is Getting a $100 Billion Dose of Bidenomics A massive new semiconductor factory is coming to Syracuse. Can investments like this put the Rust Belt back on the map?

https://www.theatlantic.com/ideas/archive/2023/07/biden-administration-corporate-merger-antitrust-guidelines/674779/

The most important points of the article are:

The Biden administration has released new merger guidelines that challenge the efficiency-focused approach to antitrust that has been dominant for the past 40 years.

The new guidelines focus on preventing corporations from acquiring the kind of power that enables abuses, even if econometric models promise some sort of efficiency gain.

The guidelines also recognize that a lot of little mergers can add up to monopoly power over time.

The guidelines insist that the government scrutinize how mergers might hurt workers, not just consumers.

The guidelines are an attempt to reverse the Reagan-era shift in antitrust policy and restore the focus on preventing the concentration of economic power.

The guidelines are likely to be challenged in court, but they could have a significant impact on the future of antitrust enforcement.

Here are some additional details from the article that support these points:

The article cites a study that found that mergers have been more likely to raise consumer prices than lower them.

The article argues that the efficiency-focused approach to antitrust has led to the concentration of economic power in a few large corporations, which has harmed workers, small businesses, and democracy.

The article argues that the new guidelines are a step in the right direction, but they will need to be enforced vigorously to have a real impact.

Overall, the article provides a balanced and informative overview of the Biden administration's new merger guidelines. The article highlights the potential benefits of the new guidelines, but it also acknowledges the challenges that they will face. The article is a valuable resource for anyone who wants to understand the future of antitrust enforcement in the United States.

Biden Declares War on the Cult of Efficiency New antitrust guidelines revive the old-fashioned idea that American life is about more than just buying lots of cheap stuff.

My apologies for that trump post making its way to the business page, that was my mistake.

https://www.mcmechanlaw.com/my-blog/wills-trusts-estate/us-moves-closer-to-national-ban-on-non-competes-with-influential-new-york-ban/

This is important, there is a national movement toward limiting non competes in employee agreements, and NY is jumping straight into what is basically a ban. It's going to be great for employees, and in the long run good for businesses and competition. It will, however, be bad for attorneys, but I'm sure they'll come out on top anyway.

US Moves Closer to National Ban on Non Competes, with Influential New York Ban - McMechan Law, LLC.

Some Recent Events to crow about:

2022, 9 million dollars in commercial real estate sales, doing the legal work of review, contract writing, due diligence, ensuring deadlines are met, negotiating with partners and buyers, and making sure those assets are safe!

2023, Commercial land purchase in the DIBC area

2023, Setting up for sale of a $5 million dollar building, going well so far.

2023, what can I make happen for YOU?

Pic below is from my office, which is in 118, of 13791 E. Rice Pl., in Aurora. Call first if you want an appointment as I love to work from home. (720)249-7852

https://www.mcmechanlaw.com/my-blog/uncategorized/trusts-vs-wills-understanding-the-key-differences-in-estate-planning/

New article, contrasting Wills with Trusts.

Trusts vs. Wills: Understanding the Key Differences in Estate Planning - McMechan Law, LLC.

McMechan Law

Trusts vs. Wills: Understanding the Key Differences in Estate Planning

Estate planning is a crucial aspect of managing your assets and ensuring your wishes are fulfilled after you pass away. Two common tools used in estate planning are trusts and wills. While both serve the purpose of distributing your assets, they differ in terms of functionality, flexibility, privacy, and cost. Understanding the key differences between trusts and wills can help you make informed decisions when planning your estate.

1. Functionality: A trust is a legal entity created to hold and manage assets on behalf of beneficiaries. It can be established during your lifetime (living trust) or through a testamentary trust that is activated upon your death. Trusts provide greater control over the distribution of assets, allowing you to outline specific conditions and instructions for the management and allocation of your wealth.
On the other hand, a will is a legal document that outlines your wishes regarding asset distribution after your death. It designates an executor who will oversee the probate process, which involves validating the will and distributing assets according to your instructions. Wills are often more straightforward, primarily focused on transferring ownership of assets to beneficiaries.

2. Flexibility: Trusts offer significant flexibility in estate planning. You can establish various types of trusts, such as revocable or irrevocable trusts, special needs trusts, charitable trusts, and more. These can be customized to suit your specific needs and goals. Additionally, trusts can include provisions for ongoing management of assets if you become incapacitated or require assistance in managing your affairs.
Wills are relatively less flexible since they primarily address the transfer of assets after death. While you can include specific instructions, wills may not provide the same level of flexibility as trusts when it comes to asset management and protection.

3. Privacy: Privacy is another significant difference between trusts and wills. When a will goes through probate, it becomes a public record, accessible to anyone interested. This means that the details of your assets, debts, and beneficiaries become publicly available.
In contrast, trusts can help maintain privacy. Trusts avoid the probate process, allowing your estate to be distributed privately and discreetly. This confidentiality can be particularly desirable for individuals who wish to keep their financial matters private.

4. Probate and Cost: Probate is the legal process through which a will is validated and assets are distributed. Probate can be time-consuming and costly, involving court fees, attorney expenses, and potential delays in asset distribution. It can also expose your estate to potential challenges from disgruntled family members or creditors.
Establishing a trust can help bypass the probate process altogether. Since trusts are managed by trustees, appointed by you, the transfer of assets to beneficiaries can be quicker and more efficient. Although setting up a trust generally involves higher initial costs, it can potentially save money in the long run by avoiding probate expenses.

When it comes to estate planning, both trusts and wills serve important purposes. Trusts offer greater control, flexibility, and privacy in asset distribution during your lifetime and after your passing. They can also provide protection in case of incapacity. On the other hand, wills are simpler and can address the transfer of assets effectively, though they are subject to probate.
Deciding between trusts and wills ultimately depends on your specific circumstances, preferences, and goals. It is advisable to consult with an experienced estate planning attorney or financial advisor who can provide personalized guidance and help you create a comprehensive plan that aligns with your wishes. When you have decided, give us a call or send us an email.

Samuel McMechan, Esq.
Office: 720-249-7852
Email: [email protected]
McMechan Law, www.mcmechanlaw.com
13791 East Rice Pl. ste 118,
Aurora, CO 80015
Appointment only.

It is difficult to talk about one's accomplishments without sounding to oneself like a self promoter. I'm trying to find that balance, lol. I'm going to write some posts about what I've considered my accomplishments over the last few years and now.

McMechan Law and Clients OG for Life! That's the guys behind the OG farm, Optimum Grow! Good friends and business clients, we just signed Eric on for marketing and event planning. Better do a good job Eric!

This sums it up, basically "anything said" includes everything the E-Act includes as admissible evidence of what you said. Don't post it unless you someday would like to see it used in court, or in an interview, even..

Just moved to the first floor, so my address is now 13791 E. Rice Pl., suite 118, Aurora CO 80015.

https://www.carnegiecouncil.org/media/series/39/20011212-the-secret-strength-of-american-foreign-policy

An article from 2001, about the strength of US policy. In some part of my classic education in history and politics and philosophy, I heard this theme, that we lacked Winston Churchills in the US, but while we hadn't his genius we also lacked his enormous failures as well. This author sums up quite a bit in a relatable way, we batted .330 but if you do this year after year in bipartisan policy, you're a Hall of Famer, LOL.
Our policy hasn't been the best, its just been consistent and above average, and we've made huge inroads and captured a incredibly large part of the world economy as a result. This is a moderate's best feature, that we favor bipartisan efforts that are consistent and good. Forget the populism of Trump and how he's mixed in the contempt of Jeffersonians for involvement with the outside world. American exceptionalism comes from diversity, and goodness, virtue, and relative equality (not that we're perfect, read Howard Zinn for a view to our less than virtuous choices, but we're a nation of people not a priest). Let's not stifle individual gains while we do it, though. Don't throw the baby out with the bathwater, in other words. Vote, but don't vote for the sore losers, dignity in defeat is the virtue, and magnanimity in victory (not braggadocio) is the best path forward. Don't be partisan my friends, be moderate and independent and stop looking for that leader who's going to solve all the problems at once, because when you think you've found him, you'll turn him into a messiah, and he'll just be a despot, really.

The Secret Strength of American Foreign Policy Many have accused the United States of being negligent in the area of foreign policy, yet, according to Walter Russell Mead, almost no other country has had more success in international affairs over the last 225 years.

Moved to a new office:
13791 East Rice Place, Aurora, CO

This place has similar qualities, but the entry is on the first floor, and the feel is more easy going. It's also a more central location, with greater access from the North and South via Parker Rd., From East via Smokey Hill and Quincy Ave. Folks from the West can go East on Arapahoe Rd, or around the Cherry Creek reservoir via hwy 225. For a more scenic view, take Von Dam Road, I recommend it.