What would happen to your kids if you did not make it home tonight? Parents can make a plan today for that "what if" by designating a guardian, conservator and if appropriate, creating a trust. What are each of these tools? Guardian Designation A guardian designation...
There are many reasons why setting up a trust for you and your family is a smart decision including avoiding probate, privacy and maintaining control over distributions. In addition, trusts provide protection in the event that you become incapacitated. Trusts also help when a beneficiary has special needs. Trusts can be catered to your needs and a decision to help protect you and your family’s future.
One of the most important choices you will make, after deciding to start a business, is deciding which legal structure is right for you. This decision will impact your future liability, the amount of control you will be able to exercise, how complex the requirements will be, and much more.
Procrastination and the fear of death are common factors for not creating a will. But, there are many reasons why creating a will should be a priority in your life.
What is an operating agreement? An operating agreement, also known as a buy-sell agreement, is a document that tailors the terms of a limited liability company (LLC) to meet the specific needs of its owners. The agreement thus clarifies the internal operations of the LLC according to its members. It also outlines the financial and functional procedures of the business as well as what happens if one member wants to sell their interest to someone else.