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Latest Blog Posts

The Tax Benefits of Limited Liability Companies

Posted on: September 26th, 2018
As its name suggests, limited liability companies (LLCs) protect personal assets from debts and other business liabilities. But you may not be aware that LLCs can also offer tax savings. As an LLC, you have flexibility in choosing how you’ll be taxed. This allows you to reap a number of benefits unavailable to other business entities. ...

Aretha Franklin Dies Without a Will and Leaves Her Family to Deal With Court and Conflict

Posted on: September 26th, 2018
Aretha Franklin, heralded as the “Queen of Soul,” died from pancreatic cancer at age 76 on August 16th at her home in Detroit. Like Prince, who died in 2016, Franklin was one of the greatest musicians of our time. Also like Prince, however, she died without a will or trust to pass on her multimillion-dollar estate....

Select and Name the Right Guardians for Your Children

Posted on: August 17th, 2018
One of your most important responsibilities as a parent is to select and legally document guardians for your children. This doesn’t mean just naming godparents or trusting the grandparents will step in if necessary. It means consciously deciding who would raise your children if you cannot. And then it means legally documenting your choices and making sure the people you’ve chosen know what to do if they’re ever called upon....

4 Things You Need to Know About Business Succession Planning

Posted on: August 17th, 2018
As a small business owner, you’ve likely spent plenty of time working with your business plan. But have you dedicated the same amount of time to planning for the continued success of your company after you retire? Or if you were to suddenly die or become incapacitated? ...

Estate Planning Mistakes Seniors (Including You or Your Parents) Can’t Afford to Make

Posted on: July 3rd, 2018
Estate planning really should be considered as soon as you acquire your first asset, have a child, or step into adulthood in any truly meaningful way. And yet many of us put it off for far too long, leaving ourselves and our families at risk of getting stuck in the court system............

Think Your Corporation or LLC Totally Protects You From Personal Liability? Think Again

Posted on: July 3rd, 2018
One of the primary reasons business owners set up corporations and limited liability companies (LLC) is to shield their personal assets from debts and other liabilities incurred by the business. Indeed, corporations and LLCs exist as separate legal entities from their owners............
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