Whether you want most of your property to go to your grandchildren instead of your children or hope to allocate resources to a charitable cause, you might anticipate that your family members will be unhappy about your estate plan. Those who feel upset about not...
Probate is the process of winding up the decedent’s estate, identifying their assets and designated beneficiaries, paying off debts and applicable taxes and distributing what is left according to their wishes or Pennsylvania intestacy laws. But as you probably know,...
There might come a time in your business life when it makes sense to get into a partnership. Perhaps you want to broaden your business reach and with it, your customer base or you want to bring in new expertise. No matter your motivation, a business partnership can be...
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...
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...
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...
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...
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...
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...
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...