Running a business comes with its fair share of risks, and liability is one of the most significant concerns. Protecting your business from potential legal and financial liabilities should be a top priority whether you own a small startup or a large corporation. By...
Some industries provide owners with a reliable income without the need to grow or expand very much. For example, owning the only pharmacy in a small town puts you in the perfect position to reap all the rewards of success. Other times, however, a business needs to...
Many people carry debt throughout their lifetime. One question that sometimes comes up is what happens to those debts when a person dies. The answer is that it depends on several factors. The loved ones of a person who dies should understand a bit about what happens...
Maybe you’d been gently nagging an older parent to get their estate plan in place – for them to at least draft a will. When they passed away suddenly, you were surprised to find not one will but two or even more in their files or elsewhere in their home. What should...
Starting a business is an exciting yet overwhelming experience. Money is one of the leading reasons most people delay or avoid establishing their company. Undoubtedly, startups are associated with numerous costs, but it's possible to launch your company with no money....
Small business owners often want to find ways to make a meaningful impact on society. The question may become how they can do that. One of the best ways to do something positive is to support the local community. This is usually a mutually beneficial arrangement...
Estate planning is a process that all adults need to tackle. For example, everyone should have advanced medical directives in place in the event of an emergency and a plan for their possessions after they pass away, even if someone perceives the value of their estate...
The executor or personal representative of an estate takes on a lot of work when they accept their role. They have to handle probate court proceedings, resolve someone's financial obligations and hand out inherited assets to beneficiaries. They must set aside personal...
Many people look for products and services that are environmentally friendly. The Federal Trade Commission has laws against falsely claiming that products are green. This includes everything from the packaging they’re made with to the compounds and ingredients in the...
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...