If you have worked hard all your life, you may have acquired significant assets and properties you intend to leave to your heirs. But you are unsure if these heirs are well-equipped to be a good steward of all you worked so hard to obtain. Many otherwise upstanding...
As you're well aware, there's been quite an uptick in the emergence of Homeowners Associations (HOAs) in the past two decades. Bylaws have shifted over this time, whereby some homeowners may find it necessary to consult with their HOA to sort out matters before...
As a business owner, it’s clear that your most valuable asset is that business. When doing your estate planning, you may start thinking of ways to leave the business to your children. On the whole, this process is known as business succession planning, and it’s...
Blended families are very common in modern America. Perhaps you got married, divorced, and then remarried to someone who also had children from a previous marriage. This is a great way for children to have a unique and vibrant family life. But what does it mean for...
Purchasing a property in a neighborhood governed by a homeowners association (HOA) is one way of protecting your real estate investment. An HOA largely exists to establish and enforce community standards and rules, thereby protecting the property value and standard of...
Life insurance may play a major role in your estate plan. You want to make sure that your policy pays out to your heirs, who can then use it to cover costs or just view it as an inheritance. That’s fine, but remember that your life insurance policy stands on its own...
Once you decide that you want to start a new business, you have to determine how you can best protect yourself and your business. One decision that you have to make is what legal structure you’ll use for the business. There are several to choose from, so be sure to...
One of your customers, suppliers or partners has breached their contract with you -- and you're not sure how to handle the situation. What's the first thing you should do? Look at your contract. A well-written contract should protect you in the event of breaches and...
When creating an estate plan, there are many things to consider, but the people you choose as agents are probably the most important. These people will have the power to make decisions that could impact you and your beneficiaries, so you want to make sure they are the...
Have you ever heard of someone leaving a single dollar to an heir in their estate plan? It sounds a bit confusing, as if they’re just wasting their time. They clearly didn’t want to leave the person anything, so why take the time to plan out how to leave one dollar?...