Fiduciary Duties of LLC Members
LLC Members: What You Need to Know about Your Fiduciary Duties As a member of an LLC, you may owe a fiduciary duty to the company. The two key fiduciary duties are the duty of loyalty and the duty of…
3 Tips to Manage Your Digital Assets
There's an entire category of commonly-overlooked legacy to consider - digital assets. Don't worry if you didn't consider these assets when made your will or trust - it's surprisingly common and, luckily, easy to correct. What are digital assets? They…
5 Things to Consider If You’re Giving Money for the Holidays
The holiday season is a time to enjoy friends, family, and loved ones. Often we consider our life circumstances and may get in the spirit of giving. This is particularly true if you are at a point in your life…
Talking About Estate Planning During the Holidays
The holidays are right around the corner, bringing us opportunities to gather with family and loved ones. It is the time to slow down, get caught up, and enjoy quality together-time around the dinner table. It is also a great idea…
Helping Parents with Estate Planning
If you find yourself in the “sandwich generation” (someone who is caring for both your children as well as your parents simultaneously), you need to know whether or not your parents have put together an estate plan. While it is…
Open Enrollment Considerations
The fall, generally late-October or early-November, is the time when employers send out summaries of employee benefits offered by the company and give employees the option to enroll in these benefits. These can generally include retirement plan options, health care,…
Keeping Your Affairs in Order
Your Fall “Legal Affairs” Checklist With the fall season approaching, it’s an excellent time to review your affairs. Below is a checklist to ensure your planning meets your needs and is up-to-date: When was your power of attorney last updated?…
Receiving an Inheritance: Things You Should Know
If you recently received an inheritance, or are expecting to receive one in the near future, it has likely triggered mixed emotions in you. You have lost a loved one and also experienced monetary gain. Studies show that a third…
4 Vital Legal Agreements All Startups Should Have in Place
Getting a business off the ground is an exciting time. You are at a point of seeing your idea turn into a true reality. But wait. There are a few things that you need to put in place to…
How to Successfully Make a Large Gift to Your Children or Grandchildren
What constitutes a “large” gift can be relative. That being said, if you are considering giving cash or property to someone, a little bit of planning can really help avoid negative consequences. This is particularly true if the gifted amounts…