Individuals who play a role in estate planning, including trustees, executors and others, have a legal obligation to always act in the best interests of the estate, trust, heirs or beneficiaries. The breach of this legal obligation is a breach of fiduciary duty....
Month: July 2023
Has your business structure outgrown its benefits?
When getting started, it’s common for many entrepreneurs to choose a structure that aligns with the initial objectives and resources available. However, as time passes and the business evolves, the structure may no longer be the best fit. It means exploring...
What executors need to know about out-of-state assets
If you’re the executor of a relative’s or friend’s estate, you are probably grateful if they did some thoughtful estate planning to keep their assets out of probate court. This can make administering the estate easier and faster. What if you find out, however, that...
Common mistakes new entrepreneurs need to avoid
Starting a new business can be an exciting but challenging endeavor. While making mistakes along the way is normal, being aware of common pitfalls can help new business owners navigate the entrepreneurial landscape more successfully. If you have started a business...