If you own a company, you need to include it in your estate plan. These documents solidify what will happen should you expire or become incapacitated. There are various tools available when building an estate plan. The following legal mechanisms limit the amount of struggle your heirs must endure. Living trusts These arrangements are like wills, […]
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Having a premarital agreement in place can provide a number of benefits, whether you want to safeguard your assets or the inheritance of your children from a prior relationship. However, it is vital to make sure that your premarital agreement is valid. There are various reasons why courts can determine that a premarital agreement is
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When you run a business, you can amass a significant number of assets over your lifetime. However, these assets could potentially be a hindrance to your family after your death. They may have to pay federal taxes because of the size of their estate. As you put together your estate plan, you also need to
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While owning your own business has become a dream come true, it comes with many financial aspects to consider. From taxes to building credit and getting the most out of your time, keeping business and personal finances separate tops the list of to-dos. Three ways to make that easier include: 1. Structure your business A
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While owning a small business can provide you with financial stability, you still have to plan for your future and retirement. Many business owners do not start planning until they are ready to retire and unfortunately, they may not have as many options as the person who starts planning early. You should have a written
How can you retire as a small business owner? Read More »
