Posts tagged with "estate"



Estate Planning · February 26, 2021
Your "Blended" Family Is Likely Headed to Court Unless You Do This
Every state has different terms for what happens when you become incapacitated or die, especially when you have a blended family. One of the most common problems that arises of having a blended family is that the deceased’s children from a prior marriage and the surviving spouse end up in conflict. Unless a comprehensive plan has been created. That way, not only do the people you love get the assets that you want them to receive, but you may also be saving them for years of legal conflict.
Estate Planning · February 19, 2021
Should You (or Your Parents) Be in the Stock Market Now?
With everything that is happening in the world—and with the volatility of the stock market and our current reality —knowing your options is vital to preserving the life and legacy of your parents. If you or your parents have a retirement account, and you're not intimately connected to how your assets are being invested, it's time to get more involved. It's the best thing to do to preserve your family's legacy.
Estate Planning · January 26, 2021
How Do Trusts Help You Save on Taxes?
Setting up a trust is a great way of securing your assets, reduce tax obligations, and define the management of your estate according to your wishes, even if you're wealthy or not. It's the best decision to set up a trust while you still can since it has different types, and each has various tax consequences. Choose what's best for your family so that when the time comes that you're incapacitated, their future will be safe. Learn more to help you weigh decisions and make the right choice.
Estate Planning · January 15, 2021
The Need For a Go-Bag Is Even More Important During a Pandemic
A comprehensive and detailed estate plan would be meaningless if it cannot be accessed quickly during emergencies. That is why, it is convenient to have a go-bag to place in your estate documents and other essentials. This is especially true with the current pandemic filling hospitals to the brim. Unexpected events can occur anytime—you or a loved one could get hospitalized alone. Without immediate access to the plan, important medical decisions might be delayed to your family's detriment.
Estate Planning · January 05, 2021
Start Planning Now to Prepare Your Estate for a Possible Democratic Sweep—Part 2
Biden’s proposed Build Back Better plan would require approximately $7 trillion. Such an astounding amount of revenue most likely means a surge in taxes. Biden’s policy front is zeroed in on high-income taxpayers, and yes, that includes corporations and estates. You might want to plan ahead to minimize legal and financial repercussions arising from these proposed changes. From increased business taxes to lowered itemized deductions, here is an outline of Biden’s economic plans.
Estate Planning · December 07, 2020
With record-breaking 80 million votes, Joe Biden is well on his way to the White House. When he finally takes over in 2021, there will be key changes to watch out for especially in the tax landscape. Biden is set to inherit a battered economy so he is essentially focused on increasing revenue from taxes. As estate owners, now is the perfect time to update your existing estate plan in preparation for a massive political realignment next year. Here are the probable major economic shifts for 2021.
Business · November 27, 2020
Your business is your masterpiece. You have spared no effort in making it a reality right from the beginning when it was just an idea. You have given sweat and tears to make it grow and thrive, sticking with it and braving the hardest times. While a business is practically immortal, we humans are not. Plus, the business environment has always been unpredictable, even more so during this time of the pandemic. How do you ensure your business lives on among and despite immense uncertainties?
Business · November 19, 2020
One way or another, every business owner has to arrive at a difficult decision of letting employees go. Employers and employees have many reasons for parting ways, but termination is never a desirable outcome for both parties. If not handled correctly, this may give rise to expensive lawsuits and public scandal. Here are some effective practices to consider to reduce termination-related risks.
Business · November 10, 2020
Trademarks give the business its identity. They literally “mark" everything related to the business from its products, letterheads, processes, facilities, and more. But with company logos and taglines flooding the Internet for marketing, it is very easy for a trademark to fall into the wrong hands. At first, it may cause only confusion for your customers but it might bring a pile of expensive lawsuits later. Protect your business now by developing relevant and updated trademark strategies.
Business · November 02, 2020
2020 has set unprecedented variables in business with the advent of COVID-19. You will never know what could go wrong at any given moment. It is possible for your business to be completely swept away by the pandemic without means of protection. One of these means is having comprehensive insurance coverage. This can cover almost anything from properties, professional services, computer systems, business and employment practices and more.

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