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Latest Blog Posts

Easy Mistakes to Avoid When Passing Assets to Your Child

Posted on: November 22nd, 2017
Setting up a trust fund for your children can ensure that the money you are leaving behind for them is taken care for them, in the way that you want. But your efforts in completing this important, yet somber task can be ruined by making one of these common mistakes....

Is Your Business Facing Any of These Legal Landmines?

Posted on: November 21st, 2017
The potential for costly errors when managing your workforce is high, but unnecessary if the proper planning is put into place from the start. To make the most of your role as an employer, make sure you understand the following common mistakes and how to avoid them....

Planning Pays Off: An Illustrative Look at Carrie Fisher’s Semi-Failed Estate Plan

Posted on: October 23rd, 2017
Whether your estate is modest or movie star worthy, the value of a good estate plan, properly handled, cannot be underestimated. A comprehensive plan can mean the difference between an expensive and unnecessary “time spent in court headache” for your loved ones or an easy “in your lawyer’s office” transition that allows your family time to grieve in peace. When a high profile celebrity passes away, we can learn a lot about the value of careful planning when using their estate plan as a case study....

Women Leaders in Business: The Bottom Line

Posted on: June 13th, 2017
Do women have it tougher than men in the corporate world? Many signs point to yes, but a 2015 report released by New York analytics firm MSCI suggests companies with strong female leadership show greater returns on equity than those without. The report found companies with strong female leadership held a 2.7% return on equity advantage over those without a similar leadership profile (10.1% vs. 7.4% respectively). And businesses that lacked gender diversity in board positions faced more governance issues than the average. ...

Your Rights as the Parent of a Young Adult - What You Need to Know When a Medical Crisis Hits

Posted on: June 13th, 2017
As a parent, you are most likely quite accustomed to managing the legal and medical affairs of your children, as circumstances require. If your child requires urgent medical attention while away from you, a simple phone call authorizing care usually can do the trick. But what happens when those “children” turn 18, and are now adults in the eyes of the law, and need of urgent medical attention far from home? The simple fact is that the day your child turns 18, he or she becomes an adult, and have the legal rights of an adult. What this means for you is that you lose your prior held rights to make medical and financial decisions for your child, unless your child executes legal documents giving you those rights back. Without the proper legal documents in place, accessing medical information, and even being informed about your adult child’s medical condition can be difficult and in some cases, impossible. ...

Is Your Small Business Being Audited? Stay Calm and Read On

Posted on: April 17th, 2017
Audits can happen to any business. Small businesses are no exception. The IRS can conduct an audit on your business when your tax filing contains questionable deductions, your business is of particular interest to the IRS or by random selection. Contrary to popular belief, being audited doesn’t necessarily mean you did anything wrong. And for those who are prepared, it doesn’t have to be the end of the world. If your small business is being audited, don’t panic. If you stay calm and seek expert help, you can get through your audit easily. The key to surviving your audit is all in your response. Audits vary in their complexity. The IRS conducts three types of small business audits, each of which call for a different course of action. Here’s what you need to know: ...
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