Receiving an inheritance is a huge blessing but can become a curse if not handled properly. Too often we hear stories of an heir squandering their gift either because they do not know how to manage it well or they…
For many employees, saving for retirement is usually a matter of simply participating in their employer’s 401(k) plan and perhaps opening an IRA for some extra savings. But, when you’re the owner of a business, planning for retirement requires proactivity…
After the turmoil of a divorce, the last thing you probably want to do is meet with another attorney, but this major life change will almost certainly mean you need to make plans to your existing estate plan. Here are…
Once your heart has healed after a divorce, you may be looking to remarry. Or perhaps you are already a member of a blended family. How should a second marriage impact your estate plan? Blended families include stepchildren (and step-grandchildren),…
Many families buy a vacation home with the idea that it will be a special place for the extended family to celebrate family traditions for generations. The value of a vacation home can be significant – both sentimentally and monetarily. …
When a family member or other loved one has died, grief and shock can sometimes be overwhelming. The last thing most people want to think about is making phone calls or funeral arrangements. Some things do not need to be…
Most people assume that after they die their private affairs will remain private. However, if a probate is necessary to administer your estate, the personal details of your life at the time of your death become part of an easily…
For most business owners, employees, vendors, and customers are essential to keeping your business successful. When someone with inside knowledge about your vendors, employees, and customers leaves your company, your business becomes vulnerable to losing these critical assets to competitors.…
When everyone is alive and happy, it is easy to think that nothing will break a family apart. However, even families that get together for the holidays, share laughs, tell stories, and enjoy each other’s company can find themselves embroiled…
Determining whether to start a business is a major life decision. For small business owners, deciding when and how to sell the business is arguably even more consequential. Before selling a business, the owner is likely to spend many hours…