Are you struggling with a business contract partner who has failed to uphold their end of the agreement? At this point, you may want to just end the agreement altogether and go to court to collect your damages. It is only likely that this will happen, however, if there has been...
Creditor Claims During Estate Administration
Part of the estate administration process is taking steps to ensure that debts of the estate are verified and paid. That is why the creditor claims process is such an important part of probate. Let’s take a look at what this process looks like.
Creditor Claims During Estate...
Simplified Probate for Small Estates
Probate is a burden that falls on many after the death of a loved one. It can be a frustrating and time-consuming process. It can also be a costly one. Fortunately, there are many ways to plan your estate so that the bulk, if not all, of it avoids probate completely. Though,...
Deciding When to Close Your Business
It can be a difficult, nearly impossible, decision to close your business. Deciding when you should walk away from something that you have put so much time and effort into may never feel totally right. You may grapple with whether or not you just need to make big changes to your...
Bitcoin Estate Planning Basics
Since cryptocurrency came into existence over a decade ago, even the most reluctant of investors have started to consider joining this market. It took some time for Bitcoin and other cryptocurrency to gain widespread believers, but it has happened. More and more people are holding cryptocurrency among their assets. Digital holdings, in...
Steps to Take When Closing Your Business
Whether it is due to financial issues, you wanting to move on to something new, or something else, closing your business is not as simple as locking up the doors and walking away. If you are planning to close your Pennsylvania business, there are certain steps you are going to need...
Incentive Trust Basics
Considering the legacy you wish to leave your loved ones is a big idea to grapple with when you are estate planning. While you may be certain that you want to provide financial resources to your beneficiaries after you pass away, you may worry about how they will spend the inheritance you...
The Keys to a Successful Business Merger
A business merger can be an exciting time full of promises of growth and continued success. It can also, however, be a great source of anxiety for those on either side of the table. Fortunately, there are certain steps that everyone involved in the business merger can take to help ensure...
Irrevocable Trust Basics
If you have only just dipped your toes into the world of trusts, you may find yourself slowly backing away as the sheer amount of information can be overwhelming. There are many different types of trusts that can serve a variety of purposes. Knowing what is what can quickly become confusing when...
Duties of a Trustee
A trustee can be a person or an institution, but the fact remains that the role of a trustee is an important one. A trustee is appointed to manage a trust for the benefit of trust beneficiaries. The trustee must, at all times, manage the trust in the best interests of trust...