If your loved one left behind a will, it must be executed as per their instructions. However, there are legal procedures that must be followed for that to happen. A will is a legal document, and the court has to be involved in its execution. This happens in a process...
Year: 2022
Why keeping business relationships simple is best
When you sign up for a service, how often do you read the “user terms?” Usually, this is a long, complex block of text full of legal jargon that many people do not take the time to read. Unfortunately, when it comes to business contracts, if you make things too...
How does a family choose the right representative for an estate?
One of the most controversial decisions during estate administration involves the difficult process of selecting an executor or personal representative for the estate. Many testators perseverate over this decision for weeks, struggling to identify the one person who...
3 mistakes startups make can lead to failure
Starting a new business is labor intensive. You have to ensure that you know exactly what you’re getting into, as well as a lot of other things. Taking the time to work through all the decisions you need to make before you open the doors can help to minimize the...
Growth strategies for your small business
Business growth doesn’t happen overnight. However, you can see consistent, incremental growth with the right business growth strategy. The key is to use the right tactics to achieve this growth. Some proven and effective tactics to try are highlighted below. Create a...
How do you handle a decedent’s debts during probate proceedings?
Debt is a common part of modern life, and most people will still have outside financial obligations left unpaid when they die. Those responsibilities will pass to their estates. The executors or personal representatives managing probate proceedings in Pennsylvania...
The entrepreneurial effect of the “Great Resignation”
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...
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...