As a business owner, your company is not just an asset but a significant part of your legacy. Ensuring that this legacy endures beyond your involvement requires a thoughtful approach to business Continue reading
Blog
Who Will Care for Your Child When You Cannot?
As parents, our primary concern is the welfare of our children. This responsibility doesn’t just involve daily tasks like waking them up for school or preparing meals—it extends into the future, particularly into scenarios we hope never to face. What happens to our children if we Continue reading
Beware of Nonlawyers Acting Like Lawyers in Estate Planning
When it comes to creating an estate plan, many may perceive it as just filling out a set of forms. However, the documents within an estate plan are legally binding tools that manage your affairs during incapacity or after death. This process is much more complex than it appears, requiring Continue reading
5 Essential Legal Documents You Need for Incapacity Planning
Investment and Distribution Trustees: Why Would I Need Both?
3 Simple Ways to Avoid Probate Costs
The bad news: When a deceased person’s estate (all of their money and property) has to go through probate (the court-supervised process of distributing a deceased person’s money and property), it can be subject to a variety of costs stemming from attorneys, executors, appraisers, Continue reading
Estate Planning for Franchise and Multilevel Marketing Business Owners
Franchise and multilevel marketing (MLM) businesses are often attractive because they offer people the chance to start a small business with a well-known brand and an established business model. However, they present different estate planning challenges than other types of small businesses Continue reading
How to Help Your Loved Ones (and Assets) Avoid Probate
Today, many people are using a revocable living trust instead of a will or joint ownership as the foundation of their estate plan. When properly prepared, a living trust avoids the public, costly and time-consuming court processes of conservatorship or guardianship (due to incapacity) Continue reading
5 Reasons You and Your Business Partner/ Best Friend Forever (BFF) Need an Operating Agreement
You and your BFF have an understanding. You think alike and you’ve decided to go into business together. Everything is informal because you and your BFF do not stand on ceremony. There’s no operating agreement, no bylaws, or buy/sell agreement. You’re just two guys who like to work Continue reading
Can a Non-U.S. Citizen Create an Estate Plan in the U.S.?
The United States has experienced a surge in immigration since 1970, and there are now approximately 45 million foreign-born people living in the United States. Some of them have become U.S. citizens, but many non-citizens live in the United States as well. In 2019 alone, approximately Continue reading