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If you have considerable wealth, you might worry about its effect on your kids. You might feel they lack some of the hunger for success that drove you forward at their age. You may have read about the uber-rich giving most of their money to charity and leaving only a ...
You took the plunge some time ago and started your new business. So far, it’s going well but there is still plenty of room for improvement. Something you’re aiming to do is cut down on your costs. Which areas might be best to start with? Where are you based? When...
As you sit down to do your estate planning, it’s natural to think of your life insurance is one of your larger assets. For most people, this is second only to real estate that they own or perhaps a business that they run. It can even be larger than investment...
A revocable living trust is often created alongside a will. It allows you to name your trustee and transfer ownership of your property to them. By doing this, your trustee owns it, but you maintain control of the property while you are alive. Because the trust is...
You started your small business from scratch on a shoestring budget, and it’s been growing steadily ever since – and you think it may be time to change from a sole proprietorship to something more structured. Is a limited liability company (LLC) right for you? It...
When you add a child to your family, you and the other parent will have to make a lifetime commitment to your new baby. Unfortunately, some parents will be unable to fulfil those obligations to their children because they die while their kids are still minors....
Entrepreneurs take a lot of risks when they start a new business. The company could fail, leaving them with big debts they have no way of paying. A product could have issues that cause customer injuries, or an employee could file a lawsuit over alleged discrimination,...
If you’re looking into buying a new home, one of the things you should always do is have an inspection of the property. When the number of homes on the market is low or you feel rushed to buy, you might be tempted to waive this inspection, but it is not a good idea to...
A commercial real estate contract allows the business to have a formal relationship with the property owner. However, before getting into the contract, it is essential to understand the provisions therein. Like any legally-binding agreement, a commercial lease...
Much of the estate planning process centers around making plans should you become incapacitated. While this is certainly something elderly people need to consider, it may also apply to younger adults. Estate planning instruments cover various bases which are as...
