Business Planning Must Occur Because Of Digital Assets

Estate planning for an individual is a given, but it is also extremely important for a business. This is increasingly crucial as a result of digital assets that must be included in the estate planning process. Although these may not be as obvious, they are equally important. Knowledgeable estate planning attorneys are extremely beneficial for… Read More »

Where Accountants Fall Short With Estate Planning

When thinking about estate planning, most people assume it is what happens when a family member passes away suddenly.  This can bring forth common images of insurance policies, legal documents or even litigation associated with will contests.   However, the prospect of estate planning for an individual client goes much further than deal with someone’s… Read More »

Entrepreneurs Must Engage In Estate Planning

Entrepreneurs must have a game plan for their immediate future and for their long-term future. For younger entrepreneurs in particular, especially Millennials, deciding on specific actions is the critical step for financial success. Although many financial plans are composed of estate planning, tax planning, money management and investing, each of these various factors will be… Read More »

My Estate Is in CryptoCurrency- What Now?

Most people assume that their tangible assets, including their retirement plans and their actual assets, including vehicles, property and other forms are the primary components of their estate plan.  However, crypto currency has become a major force and there are still major discrepancies when it comes to planning ahead and incorporating crypto currency into your… Read More »

Can I Amend My Trust?

If you already have a trust document put together, you should consider the type of trust that you selected as far as whether or not you’ll be eligible to amend a trust in the future. An irrevocable trust cannot be amended in the future, regardless of the changes you would like to make. Furthermore, it… Read More »

Unplanned Exits from A Franchise

Any business can benefit from a comprehensive business succession plan. That is because most people do not anticipate having to suddenly step out of a company. An unplanned exit could be catastrophic to the business, even one that is reliant on the franchise model. Many franchisors already require that franchisees have a succession plan in… Read More »

Estate Planning for The Remarried Widow

There are financial complexities that come with entering any new marriage, and widows or widowers should be aware of the complexities related to their estate plans as well. According to research completed by the Pew Research Center, approximately half of previously married adults beyond age 65 had remarried, and the number was even higher for… Read More »

What Is a Generous Retirement Plan?

It is important to have a plan not just for how you’ll get to retirement but how you intend to use those funds after you get there. Retirement can be an excellent time to generously give your talents, assets and time. There are some primary things you should consider as you work towards moving into… Read More »

Couples Must Keep These Estate Planning Tips in Mind

Whether you’ve already tied the knot or have no intention of moving forward with marriage, estate planning is necessary. Parts of your life may already be intertwined and the law and various strategies can be used to help protect you and your loved ones in the future. There are five primary considerations for couples who… Read More »

Business Sale Planning Tips

When you are looking forward to the future of your business and ultimately exiting that business in order to accomplish other goals, such as retiring or if you’ve simply gotten bored with the process itself, you need to have these planning tips in the back of your mind. Ultimately, you should approach business succession planning… Read More »

Business Succession Planning for Franchises

You might think it is initially annoying when a franchiser requests or requires that you as a franchisee maintain a succession plan. However, this is a win-win situation. All parties will be able to work together on business contingency plan that can benefit everyone in the event of a sudden departure in a franchise business…. Read More »