When you are starting up and running a business, there seems to be an endless number of choices to make. For instance, should you buy or lease the equipment you need to run your business? This choice can have significant impacts on your business finances and flexibility, so it is important...
Do You Have a Business Succession Plan in Place?
We pour ourselves into our business. Our time, our money, and so much more goes into building up a successful enterprise and seeing it thrive throughout the years. For all that we put into our businesses, it is surprising that so many people continue to operate their businesses without a business...
Have You Planned for Your Digital Assets?
We are now fully immersed in the digital age. There are fewer and fewer of us that will remember a time before we had internet access, let alone those who remember when internet access was a rare and hot commodity. Because of the intertwinement our lives have with the digital landscape, there...
Common Grounds for Contesting a Will
Did you know that the validity of a will can be contested? Will contests can be a big headache for all involved and can create serious delays in probate proceedings. Many times, family members who may feel slighted by the contents of a will may bring a contest when the contents...
What Is a Noncompete Agreement?
In setting up a business for long-term success, there are various agreements that you should consider putting in place. Some employers, for instance, use noncompete agreements to protect operational secrets, marketing strategies, and more. Noncompete agreements, however, do restrict an employee’s ability to seek other employment and, thus, due to the...
What to Include in an LLC Operating Agreement
Have you decided to structure your business as a Limited Liability Company (LLC)? It is a popular choice because it is simple to set up and has minimal compliance requirements. You can also rest easy knowing that your personal assets are protected by the LLC structure. To set up your LLC,...
Things to Consider When Choosing Your Health Care Surrogate
A strong, comprehensive estate plan does include planning for the distribution of your assets after you die, but it should also include plans and protections for life’s unexpected challenges while you are alive as well. For instance, there are critical health care documents that should be included in your estate plan...
What Is the Role of a Personal Representative?
Have you been asked to be the personal representative of an estate? Are you in the process of estate planning and are looking for the right person to choose to act as the personal representative of your estate after you pass? Knowing the role and responsibilities of a personal representative can...
The New Estate Tax Bill Proposed by Senator Bernie Sanders
Have you been wondering what all the buzz has been about regarding the federal estate tax? Estate planning is not often a hot topic in the news, but when it is, people should definitely take notice. The big news broke back in March when Senator Bernie Sanders introduced the “For the...
What Can Cause Delays in Probate Proceedings?
Many people try to avoid probate for several reasons. These reasons can include the fact that probate can be quite costly. It is also a matter of public record which means that you lack the privacy you may want for a process that can involve some more personal affairs. It can...