Most American adults have not taken the time to create an estate plan. It may be that some consider estate planning to be something for the wealthy or elderly. However, everyone can benefit from making an estate plan, regardless of age or net worth. Here are five...
If you own a business, a business succession plan needs to be part of your estate planning. Remember that a succession plan doesn’t just detail what will happen to the business if you pass away. It can also influence a transition in leadership whenever you choose to...
The danger of becoming a victim of identity theft doesn’t end when you pass away. In fact, it can increase significantly. Some 2.5 million people become the victims of identity theft after they die. Those who steal the identities of deceased people are known as...
There are many benefits to living in a community with a homeowners association (HOA). You can access certain amenities like a pool, fitness center or clubhouse. In addition, you have the assurance that homeowners meet a standard of care when it comes to maintaining...
Creating a comprehensive estate plan is an important step in managing your affairs and in better ensuring that your loved ones are taken care of after you're gone. However, even with the best of intentions, how you choose to approach your distribution of assets can...
The arrival of a new child into a family inevitably causes parents to rethink their approach to any number of pressing concerns. Among these considerations should be the creation or revision of an estate plan. While it may seem morbid to think about estate planning at...
A homeowners’ association (HOA) is responsible for maintaining the integrity and harmony of residential communities. The association fulfills this responsibility by setting rules and regulations that every homeowner in the community should abide by. Aside from setting...
Estate planning is crucial, as it allows one to protect their assets and state their wishes upon incapacitation or death. So, why do some people avoid drafting an estate plan? Here are three reasons: "Estate planning jinxes one's life" Superstitions are not uncommon...
Starting and running a business is a multi-step process that can be both exhilarating and daunting. Whether you’re venturing into entrepreneurship alone or with a business partner, you can expect to run into legal challenges every now and then. Therefore, working with...
As a business owner, your company will be among the things you consider when drafting an estate plan. Business succession can be a delicate subject. And one of the issues that complicate it is whether to leave the business to children or sell it. Here are some factors...