If you’re going into business for yourself, one of the first and most important decisions you’ll need to make is what type of business structure to use. Many small businesses choose either a DBA (doing business as) or LLC (limited liability company). Both have...
Probate is the process of distributing assets after someone dies. There are various ways to avoid probate or limit what assets go through the process at all. But it is often a crucial part of the process. Joint tenancy, meanwhile, indicates that two people are equal...
When you incorporate your business, it is very important to get it right the first time. After all, you don’t want to launch your new company under a cloud of impropriety. You chose an LLC over a sole proprietorship or some other business structure for solid and...
Unless you served as someone’s executor in the past, you may be learning the process as you go. The executor role brings with it many important responsibilities, and failing to follow certain guidelines may wind up costing you and your loved ones a good deal of...
Most estates pass through the probate process before the distribution of assets to heirs occurs. This process can take a long time depending on how large the decedent's estate is, how many heirs or beneficiaries they have and whether someone contests their will. There...
Starting a limited liability corporation (LLC) can be a good way to protect yourself when you want to go into business. An LLC protects your personal property from claims made by business creditors or anyone who tries to sue your business. One of the most important...
Many individuals don't have estate plans in place. The beneficiaries of those who do have a will or trust expect everything to proceed as documented in these estate planning documents once the testator or trust owner passes away. While most probated cases play out as...
Unless you have considerable wealth, you may need to get funding before you may take your idea for a new business to the next level. Startup expenses add up fast and may include anything from professional licensing or permit fees to insurance, website development and...
A good business partnership can help you turn a dream into a set of goals, and those goals into a reality. But how do you find your perfect match? Not everyone is lucky enough to have a friend or relative that shares their business dreams. Finding the right business...
If your loved one has passed away, one of the things that will need to happen is for all of their debts to be resolved. Claims may be made against the estate by their creditors, and that can be tough to handle. Understanding your role in this process is critical for...