Posted on: September 7, 2022
Think Your Estate Plan is Complete? Make Sure You’re Not Missing These Important Points to plan for the unexpected As a parent with minor children, you have no time to plan for the unexpected; you’re always rushing from home to school to work to errands to extracurriculars, etc. You do all of this to provide […]
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Posted on: August 30, 2022
on not funding your in-law's post-divorce lifestyle About 40 to 50 percent of all marriages in the United States end in divorce. Regardless of how you feel about your child’s spouse, you must face the possibility that they could become your child’s ex-spouse. Should that day come, the money you leave to your child could […]
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Posted on: July 22, 2022
financial exploitation risks can cause family rifts As parents age and their physical and mental capacities diminish, it is natural for their adult children recognizing the parents’ decreasing ability to care for themselves, to step in and help them. Often, a specific child will take over most responsibilities, such as taking the parent to doctor’s […]
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Posted on: July 19, 2022
Member-managed vs. manager-managed llcs: what's the difference? When I help clients set up their business, one of the most significant decisions they will make is which type of entity to form. If they have settled on starting a limited liability company (LLC), they must also choose the type of management structure it will have. As […]
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Posted on: July 12, 2022
declare your independence and control over your future! Every July, the French and Americans celebrate their independence from royal tyranny. On July 14th, the French celebrate and reflect on the values of the revolution: Liberté, égalité, fraternité. Arguably, without the French alliance, America's separation from Britain would have been less plausible. Every year on the […]
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Posted on: June 9, 2022
Can A Trust Own My Business After I Die? Your trust can own your business after you die. Trust ownership of a business can avoid probate and maintain management continuity after an owner's passing. However, several considerations may impact the answer to this and the following questions. One consideration is the type of business interest […]
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Posted on: June 7, 2022
Don't have a lot of money? You can still leave a meaningful legacy The word “inheritance” usually conjures up images of property or accounts with significant monetary value. Without such wealth, you nevertheless, can leave your family a great legacy. You can provide them with an even longer-lasting inheritance by doing these seven things. Whether […]
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Posted on: May 24, 2022
without an estate plan (or a bad one), you could leave your family overwhelmed Many people love to spend part of their summer vacation at the beach, enjoying the ocean and sunshine. But there may be unseen dangers crucial for beachgoers to remember. For example, the undertow is a current of water, often quite powerful, […]
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Posted on: May 20, 2022
Common pitfalls which will lead a family-owned business to fail Your family and your business are two of your top priorities. You would not do anything to compromise either of them. But working with family members in a family-owned business presents unique challenges. These can cause lasting damage to both if not correctly managed and […]
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