We Help Entrepreneurs and Families
Keep the Skies Clear and the Future Bright
Sky Unlimited Legal Advisory offers you the perfect combination of trusted advisor, problem solver, keeper of secrets and deep listener.
Our team is specifically trained to help you keep more money in your business and personal accounts, watch out for pitfalls, handle sticky situations (ideally before they even get sticky) and effectively tend to the parts of your business that are especially challenging.
At the same time, we work as your trusted advisor who helps you make the very best personal, financial, legal, and business decisions for your family throughout your lifetime.
You always said you wanted someone who could do all “that” stuff - the tasks that you’d rather not handle.
That's precisely where we step in - protecting your business and your family!
Notes from Our Chief Counsel's Desk
While no one wants to think about emergencies during vacation, having proper protection in place lets you truly relax and enjoy making memories together.
Let's explore why having a Kids Protection Plan® (“KPP”) in place before traveling is essential and what steps you can take to protect your children. Please note: most lawyers, even at the top estate planning firms, often make at least one of 6 common mistakes that the KPP is designed to address, when naming legal guardians for children in an estate plan.
THE HIDDEN RISKS OF TRAVELING WITHOUT PROTECTION
When you're caught up in vacation planning excitement, it's easy to focus only on the fun ahead. However, traveling presents unique risks and scenarios you need to consider. If you become incapacitated in a car accident or experience any other emergency while away from home, what would happen to your children in those critical first hours or days? Without proper legal documentation, your children could be temporarily taken into the care of strangers or social services until the proper authorities can determine who has the legal authority to care for them.
What types of problems could be lurking around the corner? Some may include disruptions to your daily operations, ownership disputes, and even financial loss. But by taking proactive steps, you can shield your business from these risks and ensure that personal life changes don’t derail your company’s success.
THE HIDDEN BUSINESS RISKS OF A PARTNER’S DIVORCE
A partner’s divorce can have serious consequences for your company, many of which business owners don’t anticipate until it’s too late.
Here’s how:
Ownership Disputes & Forced Buyouts. In many states, business interests are considered marital property, which means a divorcing spouse may be entitled to part of your partner’s ownership stake. This could force the sale of company shares or require a buyout that could strain financial resources.
While no one can predict exactly what will happen, proper estate planning gives you security, regardless of political changes.
UNDERSTANDING CURRENT PROTECTIONS AND POTENTIAL CHANGES
Same-sex marriage is currently recognized in all 50 states under federal law, protected by the Supreme Court's Obergefell decision and the Respect for Marriage Act. If you were married in states like Massachusetts or New York—early adopters of marriage equality—your marriage remains valid under those state laws regardless of federal changes.
But state-level protections vary significantly. Some states have explicit constitutional protections for same-sex marriage, while others maintain laws that could restrict marriage rights if federal protections change. Understanding your state's specific laws is crucial. For example, Massachusetts not only recognizes same-sex marriage but also provides strong protections for non-biological parents and inheritance rights.
But let’s be clear: female entrepreneurs aren’t just keeping up; they’re redefining success on their own terms.
This Women’s History Month, let’s explore what it takes to build and scale a thriving business as a female founder.
RETHINKING THE FUNDING GAME
Access to capital remains one of the biggest roadblocks for women in business. Despite running some of the fastest-growing companies, female founders receive a disproportionately small share of venture capital funding. The good news? Women are rewriting the rules of business financing.
Crowdfunding has emerged as a game-changer, with women consistently outperforming men in campaign success rates. This isn't just about raising money—it’s about proving demand, building a loyal customer base, and demonstrating market viability from day one.
Her story shows why proper timing and planning are crucial when navigating divorce - one of life's most challenging transitions.
THE POWER OF TIMING
According to reports, just one day before her death, Doherty filed for an uncontested divorce from her husband Kurt Iswarienko, who signed the agreement the following day. This eleventh-hour timing proved crucial for her estate. By finalizing the divorce, Doherty ensured her assets - including a $6 million Malibu home and future residuals from her acting career - would be distributed according to her wishes rather than being subject to community property laws.
Had the divorce not been finalized, the outcome could have been drastically different. In some states, if a person dies during an active divorce proceeding, the process either halts or is significantly altered. Without a finalized divorce agreement in a community property state like California, Iswarienko could have had a legitimate claim to significant portions of Doherty's estate, potentially leading to years of costly legal battles and family conflict.