Posted on: April 4, 2024
Starting a business requires a great deal of planning and execution. Exiting from your small business should entail similar forethought and preparation. Nevertheless, some surveys indicate that nearly half of business owners have no exit strategy.[1] After years of expanding your business, you may be at the point where the finish line is getting close. […]
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Posted on: April 1, 2024
Introduction When safeguarding your family's future, understanding the nuances of estate planning is paramount. For Austin professionals, this task has become more intricate with the introduction of the FinCEN real estate reporting requirements. This guide will walk you through what these changes mean for your estate planning efforts and how to ensure your plan remains […]
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Posted on: March 28, 2024
While television and movies provide great entertainment, they are not always factual. Even shows based on actual events are not entirely accurate. Hollywood creators of television programs and movies will often alter the details of a story or situation to provide an enjoyable experience. Because of these widespread embellishments, people often develop misconceptions about many […]
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Posted on: March 25, 2024
When creating a last will and testament (commonly known as a will), one of your most important considerations is who to choose to serve as the executor (also called a personal representative) of your estate. As the name implies, the role of the executor is to execute the instructions you provide in your will. You […]
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Posted on: March 21, 2024
Selecting the individual to lead your business after you step down is a huge decision. There are several common mistakes business owners make when choosing a successor. It's not merely about finding someone who mirrors your personality or whom you favor personally. Instead, the crux lies in identifying a successor with the right qualifications, vision, […]
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Posted on: March 18, 2024
After the excitement of Valentine's Day fades away and the last indulgence of chocolate is savored, we must focus on a topic that may not be as thrilling as the idea of everlasting love: the reality that all relationships end one day. Before you stop reading, hear me out. Whether it's a breakup, divorce, or […]
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Posted on: March 7, 2024
Starting on January 1, 2024, under a new law called the Corporate Transparency Act (CTA), owners of certain business entities must file a report with the federal government, including details regarding the ownership of their entity. The CTA was enacted to help combat money laundering, financing of terrorism, tax fraud, and other illegal acts. Suppose […]
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Posted on: March 3, 2024
The United States hosts the highest number of immigrants globally, but increasingly, Americans say they are looking to relocate permanently to another country. Many wealthy Americans are also interested in buying real estate overseas and living there at least part-time. This trend raises the issue of estate planning for expatriates. While moving overseas is often […]
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Posted on: February 29, 2024
In 2024, Medicare continues to expand its covered medical services while attempting to maintain affordable pricing for coordinated care among doctor and hospital visits, prescriptions, lab tests, imaging, and more. But each year, millions of enrollees face premium and deductible increases. In 2024, Part B premiums will rise from the 2023 cost of $164.90 to […]
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