Being named as an executor might seem like an honor, but many people don't realize the enormous responsibility and potential headaches that come with the role. Learn what's involved in administering someone's estate and how proper planning can save your loved ones from unnecessary stress and conflict.
You’ve built something extraordinary with your business – it’s more than just a company; it’s your passion, hard work, and vision brought to life. Whether it’s a family enterprise or a rapidly growing venture, you've invested countless hours to make it thrive. But have you considered what will happen when you’re no longer at the helm?
In today’s fast-paced gig economy, choosing between full-time employees and independent contractors can be a big decision. This choice isn’t just about filling roles—it impacts your business’s financial health, flexibility, and legal responsibilities. The stakes are high, so understanding the trade-offs is crucial.
Whether you're managing a small startup or a growing enterprise, having effective business systems can be the difference between hitting a high note and falling flat. Let's explore how you can harness the power of business systems to boost your company's success.
Are you dreaming of launching a business but struggling with funding? Or are you looking for a boost to grow your small venture? If traditional loans feel out of reach, microloans could be the perfect solution. They offer a more personalized lending process, often focusing on your business idea and potential rather than just your credit score. The flexibility of these loans allows you to cover costs like equipment, inventory, or even cash flow management.
In an aging society, you might face difficult end-of-life decisions for your loved ones sooner than expected. And when you do, you’ll realize that the journey is rarely straightforward.
If you've ever considered planning for your future or helped someone plan for theirs, you've probably heard the term "power of attorney." But do you know what it is and how it works?
The passing of a loved one is heartbreaking, but the aftermath can become even more painful if disagreements over their personal belongings tear your family apart. These disputes, primarily when centered around meaningful objects, can leave lasting wounds that may never fully heal.
When Matthew Perry, the beloved star of Friends, passed away last year, the world mourned the loss of a comedic icon. However, as details of his estate began to emerge, a curious puzzle presented itself: why did he seem to have less money than you’d expect?
As a business owner, networking may be a necessary evil. You have to get your name out there by meeting other people, but does it have to be so uncomfortable? The answer is “no,” and here’s why.
Being a business owner can be incredibly rewarding. But, as all business owners know, with reward comes risk. There’s not much you can do to eliminate risk from your business, but with the right insurance, you can get close.
Starting a business is tough; sometimes, despite all your best efforts, things don’t go as planned. When your business fails, it can feel like the end of the road. But here’s the good news: failure isn’t the end.
Have you heard of the Corporate Transparency Act (CTA)? If you’re a business owner, this impacts you. The filing deadline is rapidly approaching, so here’s what you need to know and act upon.
Running a small business comes with its fair share of challenges, and disputes come with the territory. Whether it's a disagreement with a vendor, a conflict with an employee, or a contractual issue with a client, reaching any meaningful resolution can cost plenty of time and money; this can be detrimental to your business. But there’s a better option.
Running a business means you will eventually face disputes. When disagreements arise, the traditional route of resolving them in court can be time-consuming, expensive, and stressful - and completely public. But there is a better alternative.
In this last installment of our four-part celebrity series, we spotlight Elvis, the King of Rock. Although he passed away in 1977, his estate can teach us valuable lessons, even in 2024, about the importance of estate planning and how to avoid falling prey to scammers.
In this third installment of our four-part celebrity series, we discuss a topic that no one wants to consider as it may seem to be a fate worse than death: incapacity. Find out what Jay Leno and his family can teach us about the need to be prepared, no matter what happens.
Since we love a good celebrity story, this August, we’re looking at the lives of 4 celebrities and how they’re preparing for the inevitable (or didn’t!) in this second article of our 4-part celebrity estate planning series, Vanilla Ice chimes in with his estate planning experience, advice, and lessons learned. Let’s just say he has…thoughts.
For whatever reason, we just can’t resist a good, juicy celebrity story. So, for the next few weeks, we will look at the lives of 4 celebrities and how they prepared for the inevitable (or didn’t!). This week, we're spotlighting the King of Pop, Michael Jackson.
Gentlemen! As you may know, June marked Men’s Health Month, a time dedicated to raising awareness about health issues predominantly affecting men and encouraging the early detection and treatment of disease among men and boys. Have you considered how your health and estate planning are connected? Find out how in this week’s blog!
You started your business as a labor of love, nurturing it through those challenging early years with grit and personal sacrifice. The last thing you’re probably thinking about is replacing yourself in the event you retire, die, or become incapacitated. But when you face these facts, you set your business up for success.
Unless you've created an estate plan that works to keep your family out of court, when you die (or become incapacitated) many of your assets must go through probate before those assets can be distributed to your heirs. Like most court proceedings, probate can be time-consuming, costly, and open t...
Unless you've created a proper estate plan, upon your passing many of your assets must first go through the court process known as probate before those assets can be distributed to your heirs. During probate, the court supervises a number of different legal actions, all of which are aimed at fina...
The path to entrepreneurial success is paved with challenges and triumphs, often born from humble beginnings. One such business is The Nitro Bar. Audrey Finocchiaro and Sam Lancaster are the founders of this thriving company, and all entrepreneurs can learn from their story.
As an entrepreneur, you can appreciate how difficult it may be to get outside investment funding for your business. But fret not! It’s possible to turn that “no” into a "yes" with these 8 tips.
