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Thousands of companies merge each year, yet many end up wishing they had not. While there can be many advantages to joining two companies, a lot can go wrong. These are some ways to increase the chance that your merger is a success: Be clear about why you are doing...
Living in a homeowners' association provides several benefits to homeowners, including lawn care services and access to various amenities. In exchange for these perks, members are expected to comply with the rules of the HOA. Unfortunately, there are times when a...
When you form a business, especially if you create an LLC or another kind of corporation, your business becomes its own legal entity. As the person who created or manages the business, you have to handle everything on its behalf to remain in legal compliance. That...
Getting your estate plan in order can help you to provide for your loved ones even after you pass away. There are several tools that you have at your disposal to do this. One of these is a trust. There are many different types of trusts, but they’re all categorized as...
The world of real estate can be confusing and complicated. Your friends and family likely have their own opinions on the process and it can be hard to know who has good information. Making the decision to buy or sell a house or other type of property can’t be taken...
When you think of estate planning, you might imagine making your will or setting up funeral arrangements. That’s not actually all your estate plan can do, though. In fact, your estate plan is a great way to plan for incapacity, not just death. There are any number of...
Incentive trusts can be a good way to get your heirs to live in a manner you would approve of. They hinge on the idea that the person has to hit certain goals to get the yearly payouts from the trust; that’s their incentive. For instance, an incentive trust could...
Many people make the mistake of letting their estate plan sit after creating it. If they’re lucky, its provisions will remain intact until their passing. But this scenario is the exception, rather than the norm. Life happens, and as yours changes, you will want your...
You are sitting in the bar one evening when a friend mentions he has been making his estate plan. You look at him, amazed. “You’ve been what?” you say, “Why would you bother doing that? You sound like my grandad.” Many people mistakenly believe estate planning is not...
Have you ever wondered what the point of going to work is? All that effort you put into your business, all that time and money, for what? Have you ever dreamed of saying, “I quit,” and walking out for good? Unfortunately, if you are a business owner, you do not have...
