Year: 2021

If you own commercial property to lease, you have to decide whether or not you will allow subleasing by a tenant. There is no right or wrong answer, but you should consider the totality of the circumstances when making your decision. Below are some pros and cons of...

There is usually money to be made in real estate if someone has the right skills. There are numerous ways for someone to capitalize on their existing resources by investing in residential real estate. Some people will buy properties to rent out to tenants, creating a...

All adults should have an estate plan in place so that their loved ones can distribute their assets when they pass away. The estate plan can also cover what you want for your end-of-life care. It’s imperative that these documents remain up-to-date since they’re what...

Most people who start a new business aim to grow that business as large and successful as possible. They may bank on its success for their retirement plan.  When you hear stories about bigger companies coming in and buying out smaller businesses, you may immediately...

Gifting your assets to a trust is a better way of transferring wealth than giving it outright to your beneficiaries. With a dynasty trust, your family wealth is likely to benefit generations down the line, and it can be a useful estate planning tool for...

The most common way to pass a business on to your heirs is to leave it to all of them. This is what most business owners plan to do. A large part of the reason is just that it feels fair and doing so can avoid estate disputes.  However, there are some serious...

As a landlord, you should be informed about the laws that apply to commercial leasing. You should be prepared for the time it will take to move in tenants and for time that may pass without tenants in your building. Not planning for the time it takes to lease out a...

You know that you can leave your heirs enough money that they’ll never have to work again. Their children may not ever have to work in their lives. You can give them a gift that most people can only dream of receiving. But is there a downside to doing so? Could that...

Your estate plan tells your loved ones what they need to do with your assets if you pass away. It also relays your wishes for end-of-life care in case you become incapacitated.  It’s imperative that you have the terms of your estate plan set up in a way that it can be...

Mergers and acquisitions are an excellent way to establish business in a new region or to grow your current business network. Mergers and acquisitions can often be a multimillion dollar affair, causing steep financial consequences if done incorrectly. Because of the...