Since estate planning involves thinking about death, many people put it off until their senior years or simply ignore it all together until it becomes too late. This kind of unwillingness to face reality can create major hardship, expense, and mess for the loved ones and assets you leave behind. While not having any estate […]
Wire Fraud in Real Estate: Don’t Lose Tens of Thousands of Dollars to Scammers
After five weeks of working with attorneys, realtors, and your lender, you are ready to close on your very first home purchase! You wanted to avoid PMI (mortgage insurance) so you decided to put 20% of the $349,000 purchase price down…which means you need to bring $69,800 plus closing costs to the closing table. You’ve […]
Are Your Business’ Independent Contractors Actually Employees?
You’ve just started your business – or maybe your business has been thriving for years – and you need more workers to help run the business. You decide to hire some independent contractors so that you don’t have to worry about the time and costs associated with employee payroll taxes. Maybe you have heard of […]
Buy Sell Agreements: A Pre-Nup for Your Business
Do you know what will happen to your business if a co-owner partner dies? If he gets divorced? What if he decides he just wants to retire? Will you receive 100% ownership of the business? If he dies, will you have to share business interest and decision making power with his wife or children who […]
Safeguard Your Cryptocurrency Assets With Estate Planning
One of the biggest appeals of cryptocurrency, like Bitcoin, is that it is decentralized, unregulated, and anonymous. There are no financial institutions controlling it, and unless you tell someone you own digital currency, it remains a secret. When it comes to estate planning, however, that kind of secrecy can be disastrous. In fact, without the […]