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When choosing an executor to your will, you want someone who is level-headed, available and just -- if not more -- financially savvy than you are. These are just some of the important qualities. Others that stand out are reliability and trustworthiness. You want the...
Debts, claims for damages from your employees and consumer protection issues can reduce your small-business assets significantly. You never know when your assets could be in danger, which is why you should take measures to protect them from creditors. One way to do...
As the beneficiary of a trust, you are grateful to your loved one who had the foresight to create this important estate-planning tool. As a result, you and other beneficiaries may have access to significant assets for the rest of your lives. That will happen, though,...
A business break-up does not have to be messy. However, sometimes, it is. Many businesses were forced to adjust during the COVID-19 pandemic, closing for weeks, furloughing workers and having a generally difficult time trying to survive. During the difficult past 15...
It’s not a casual endeavor. That is a preliminary point prominently underscored by many commentators addressing challenges to a will during the probate process. “Not everyone can challenge a will,” notes one in-depth analysis of will contests. If the bar for doing so...
Companies rely on confidentiality agreements to protect their products, secrets, trademarks, patents, processes and operations. Sometimes called secrecy or non-disclosure agreements, these accords are a necessary aspect of any business. Why? Protection of the inner...
While no one wants to think about his or her mortality or how the family will cope after their death, failing to plan for these events can be disastrous while a person is still alive and create confusion and anger for their family later. Fortunately, making vital...
You were not totally surprised by the departure of a key employee of your company. In the past year, meetings turned into indecisive discussions, visions and ideas could not be agreed upon and your employee was less-than-forthcoming with some of his business-related...
Promises must be kept, deadlines met and orders filled. This represents the expected sequence of events in a business agreement with a supplier. As a business owner, you expect your supplier to fulfill its obligations for you to get your products to market for...
As your parents age, you and your siblings sometimes face difficult decisions. At some point, you may need to have one of you appointed as your mom’s guardian or to take over being the guardian for another family member with special needs. Maybe if your parents pass...
