The last thing you want is for your loved ones to have to deal with lengthy, and often costly, probate court proceedings after you pass away. If you’ve bequeathed them gifts in your will, you want them to have what you’ve given them without any stress or difficult...
Year: 2022
2 crucial considerations for business debts
Business owners sometimes have to take on debt as the company grows. Keeping this to a manageable level is crucial. There are many things that business owners should know about business debts. Understanding these can help you to determine whether you need to accept...
How do executors handle “problem” heirs?
As the executor of a loved one’s estate you understand that it’s your duty to secure their assets, handle the probate process and all that entails – but you didn’t count on having so many problems with the heirs. The loss of a loved one can trigger a lot of strong...
Why are trusts an important part of estate planning?
Most people think about their will when they’re discussing an estate plan. While the will is a valuable tool, it isn’t suitable for everything. Establishing trusts can help to ensure that your assets are handed out as you intend. Trusts have several benefits you...
3 ways to improve employee morale in your business
You have probably devoted considerable thought to improving your business practices and bottom line as a business owner. For example, you may have discovered that regularly shoring up your contracts helps business owners avoid costly breaches or misunderstandings. If...
Why you need a business partner with different skills
You’re probably tempted to choose a business partner who is similar to you. In fact, many people end up starting businesses with their friends or family members, and it is their similarities that originally brought them together for the project. They see these as...
Why a business’s location still matters
It was once said that location was the most important thing for any business. Having the right location would make or break that company. There are those who believe this has changed now that we live in a digital world. When you can sell goods to people on the other...
4 mistakes when making a will
Many people fall under the wrong impression about how complicated wills are to make. In theory, all you have to do is list out who your assets will go to after you die, but this is far from true. In practice, there are a lot of key details people fail to include. If...
Is your new business idea sustainable?
You’ve always had an entrepreneurial streak but never quite found the right time to launch your own business. That is, until now at least. You have come up with an idea and you’re sure it’s going to be successful. An idea is all well and good, but can you make a...
3 things that can positively impact your start-up
Opening a new business is a rewarding experience, but it requires a lot of hard work. Most entrepreneurs want their start-ups to be as successful as possible. One of the best ways to enhance the chance of success is proper planning. You have to know what will likely...