Blog
Estate Planning Before You Travel: Why It’s Critically Important
Vacations can be the perfect opportunity to relax, disconnect from work and responsibilities, and enjoy your spouse, partner, kids’ or friend’s company. But before you head off on your next getaway, there’s something else you should consider doing that might not sound quite as fun—creating an estate plan.
4 Reasons Why You Should Keep Your Estate Plan Updated
Laws change. Your life changes. It’s important for your estate plan to be up-to-date with these changes. Your estate plan is a set of documents, such as a will or trust, that dictate how your assets will be distributed upon your death or incapacity. Hopefully your...
Estate Planning Must-Haves for Single Parents
If you are a single parent, you are likely being pulled between work, school activities, and home — and the inevitable emergencies that fill the lives of single parents everywhere. Being a single parent is a huge responsibility, even if you do share time with a...
How do I Get A Power of Attorney for My Elderly Parents?
Obtaining A Power Of Attorney For Elderly Parents Making important decisions for aging parents can be a challenging task, but power of attorney (POA) can provide peace of mind and clarity in times of need. A POA enables individuals to make crucial decisions on behalf...
What Is The Difference Between A Cash Flow Statement And A Profit And Loss Statement?
To run a business successfully, it is necessary to create various financial documents, including cash flow and profit and loss (P&L) statements. Doing this enables business owners to understand their business’s current financial health and make appropriate changes...
What are Your Rights as the Parent of a Young Adult? — What You Need To Know When A Medical Crisis Hits.
Know your rights as the parent of a young adult. As a parent, you are quite accustomed to managing your children's legal and medical affairs, as circumstances require. If your child requires urgent medical attention while away from you, a simple phone call authorizing...
How can you keep the Government and Lawsuit Happy Opportunists Away From Your Children’s Inheritance?
If you have a current estate plan, I'll bet you plan to leave your assets to your children outright and unprotected by age 35, or maybe a little later. Go take a look at your estate plan, and see what it does right now. And, if you don’t have an estate plan, and you...
What Needs to be Included In A Client Contract?
Client contracts, or agreements, refer to legal agreements between businesses and consumers. They help establish expectations for the individuals who use a business’s products or services. Additionally, they outline what customers can do if they have an issue with the...
5 Reasons Why Shopping For The Cheapest Estate Plan Could Leave Your Family With An Unintended Mess
In most cases, from the most sophisticated business people with the highest net worth to those just starting in the workforce and on their path to adulthood, you very likely do not know how to evaluate estimates when shopping for an estate plan. Shopping for an estate...
What Every Business Owner Needs Now… Live Every Day As If It Could Be Your Last
If you dream of one day retiring from your business, selling it, or leaving your company to your family, there are essential planning steps to take care of today, no matter how far away you think that time may be. Even if you are just starting, beginning with the end...