If you are starting a business for the first time, it is easy to let the positive thinking go a little too far. While you certainly need a positive mindset to surmount all the challenges that will come your way, you need to accept that sometimes challenges cannot be...
Homeowners’ associations (HOAs) can provide many benefits. Homeowners that choose to move into a planned neighborhood or condominium complex that is part of an HOA often enjoy various community benefits, including groomed landscaping, access to golf courses, pools,...
The moment your child is born, any prior estate plan you may have is out of date. If you haven’t yet made an estate plan, now is the ideal time to do it because your child's future well-being could come to depend on it. Every day people lose their life when they least...
If you have not made an estate plan, you might assume that most other people you know have. Unfortunately, you’d be wrong. A recent study found that 67% of adults have not yet made theirs either. So, where does this collective failure to plan for the future come come...
There are many estate planning options available. One you might not have heard of is called a dynasty trust. This is a way of passing your assets to future generations while shielding those assets from tax liabilities. It’s a tool that tends to be used more by...
As a parent making your estate plan brings extra responsibilities, you need to name a guardian to raise your children if you pass away before they become adults and think about how your assets can help pay for their upbringing. Yet, what if your children are already...
When you appoint an executor of your will, you hope not to need them for a long time. A lot can change in a year, let alone a few decades, so do you need to tell your executor when things change? Or can you just leave them to work it all out when you die? It’s up to...
Writing a will is a crucial estate planning step because this legal document outlines how your assets will be distributed to your beneficiaries. Unfortunately, many people make mistakes during this process that can cause complications down the line. Are you...
A homeowners association (HOA) must establish a delicate balance between maintaining community standards and maintaining a sense of community. Consistent and reasonable enforcement of the rules is necessary, as is the frequent updating and modernization of existing...
A homeowner's association (HOA) helps protect the culture of a neighborhood and also local property values. The HOA can create and enforce rules about lawn and property maintenance, as well as many other choices homeowners make that affect their communities. For...
