Finally Dumped Your Ex? It’s Time to Update Your Estate Plan!

The relationship is over, the papers are signed, but you are not quite done. At this point it is time to update your estate plan to reflect your changed life circumstances — even more so if you are contemplating another relationship. A new marriage can open up wonderful new opportunities, but it also comes with.. read more →

10 Tips for Getting Your Business Ready for Sale

If you are thinking of selling your small business you’ve got some work ahead of you. A little hard work now, with the help of a small business lawyer, can save you from plenty of trouble later on. Tip #1: Decide why you are selling Buyers nearly always want to know why you are selling.. read more →

Forming a Business: LLC vs. S Corp

One of the first questions facing you as a small business owner is to decide what type of entity you want to create — stay as a sole proprietor or form an LLC or a corporation. Once you have done that the question is whether to file with the IRS as an S corp. For.. read more →

6 Legal Blunders to Avoid in Business Agreements

A client recently called and asked to have a legal agreement reviewed before signing it. Excellent! However, the client confused “reading” an agreement with “understanding the legal effect” of the words in the agreement. The client stated he “did not see any red flags.” Well, they were there; the client just did not understand what.. read more →

Do I have to pay my parents debts after they die?

Having a parent die is difficult enough without creditors knocking down your door. It is not unusual for there to be medical bills, car leases or credit card debt. The creditors are going to start contacting you very quickly. Who is responsible for this debt? Here are some answers about what happens to the bills.. read more →

Employees or Independent Contactors: Are you in Compliance?

Businesses today use diverse workforces to accomplish their goals, including full- and part-time employees as well as independent contractors. The trouble is, many business misclassify employees as independent contractors and end up in trouble. According to the American Business Bureau, “By some estimates, contingent or temporary workers could reach 30-50 percent of the U.S. workforce… read more →

How Long Can I Afford to Live?

In 1900, the average American lifespan was 47 years of age. Today, our life expectancy is 78.8 years. So many people are wondering if their retirement funds will last long enough, and that question is causing a great deal of anxiety. In addition, it also has people wondering if they’ll be able to leave any.. read more →

Should You Select a Corporate Trustee for Your Estate Plan?

One of the most difficult decisions my clients face when creating an estate plan is naming a trustee to administer to the trust if they become incapacitated or after their death. Many questions need to be asked. Do you have an individual you can trust to follow your wishes? Does that person have the wisdom.. read more →

How to Cut The Lousy Kid out of Your Will

You haven’t heard from him in 10 years, since he stole the money in your bank account. Or for many other reasons, he or she is a bad seed and you don’t want him or her to inherit your estate? It is possible to disinherit a child from your Will or Estate in most states.. read more →

Build Your Estate Planning Team

Estate Planning is a process – not a transaction! There are many moving parts in your plan that need to be coordinated to get the most benefit you can. That’s why you should put together and work with a team of estate planning advisors to help you get it right. Many people already have these.. read more →