When you first hear about a power of attorney it can sound pretty scary. Like you are being asked to sign over control over your life to someone. You have far more control available than you might realize. Here's what you need to know: You decide what power to give...
Month: June 2023
How to get your business succession plan started
While you might intend to run your business for the next 30 years, it only takes one unexpected illness or accident to prevent you from doing so much sooner. If there is no succession plan in place, it’s not just your family that will suffer, it's your employees and...
3 contingencies to consider when closing on a home
A contingency clause allows you to withdraw from an agreement to buy a house, without penalty, in specific circumstances. As withdrawing from a signed promise to buy may otherwise be expensive or even impossible, it’s crucial to include all the contingencies you might...
3 biggest lies dishonest real estate agents are guilty of
Most real estate agents are diligent workers who genuinely care that their clients obtain a good deal for their homes. However, like in any field, there are some bad apples. Dishonest agents who only care about commissions might lie to clients to secure a listing. 1....
What are my obligations as a commercial property lessor?
Commercial property leasing is an investment that requires thorough management and operation. And to ensure proper management, lessors need to understand their obligations fully. Otherwise, they might face complexities relating to the lease, which can also lead to a...
How can you structure your family business?
A business’ success relies on several variables, one of which is the company’s structure. It is crucial for the business’ goals and priorities to be perfectly aligned with its entity. This is because an entity’s formation also dictates a company’s liability extent and...
The importance of estate planning in business succession
Succession planning is a way to ensure the smooth transition of management and business ownership. Business owners can use estate planning to complement succession planning. Estate planning is about more than avoiding probate. It is also crucial in continuing a...