People have, by and large, gotten tired of grinding away at their desks for other people for less than they deserve. That fact alone – along with a robust labor market and low unemployment rates – led to the phenomenon known as the “Great Resignation.” In short, 2021...
Year: 2022
3 ways to protect yourself when taking on a business partner
A business partner can help your idea become a reality and decrease how much risk you take when starting a company. However, your partner can also be a big source of risk, as issues between the two of you could ultimately destroy the business you attempt to build...
What Are the Benefits of a Trust?
As you look over your estate plan, one tool that you don’t want to forget about is a trust. Trusts come in a number of forms, but they have a few important purposes. They can help you protect your legacy, control your wealth, pass on your assets and protect your...
Is it time to quit your job and start a business?
You may feel like you have a great idea for a business, but you're still nervous about putting 100% of your effort into that company. After all, it is just an idea, and the job you have at another company is what's paying your bills. How do you know if it's time to...
Undue influence in estate planning
Your beloved parent is starting to get older now, and it’s your turn to make sure that they are looked after. Part of this involves ensuring that their estate planning needs are met. One thing they may want to consider is drafting a will. A watertight will can ensure...
Innovative ways to cut your business costs
Your company is growing from strength to strength, but that doesn’t mean you can get complacent. A key reason behind your success is that you’ve been frugal with finances. You’re considering ways that you can keep cutting costs without diminishing customer experience...
3 things every executor needs to do right away
You may have been appointed the executor of a family member's estate at some point in their life. If they recently passed away, then you have several matters you need to do as their executor. It is critical to act swiftly when upholding your duty as an executor. As...
When a will might not be enough
When you think about estate planning, you may start with the assumption that having a will is enough to pass your property on after you pass away. The reality is that a will isn’t always enough to protect your assets or prevent certain assets from going into probate....
What is a life insurance trust?
As you do your estate planning, there are many different ways that you can use trusts to ensure that your wishes are carried out. Some people use an incentive trust to attempt to get their heirs to live in a certain way, while others use an educational trust to pay...
Is an estate executor the same as a successor trustee?
An estate executor is someone named in a will who ensures that your final wishes are carried out and your assets go to the heirs you designate. A successor trustee oversees a revocable trust you created if you become unable to do so or if you die. That successor...