You were honored that your friend or relative asked you to be the executor of their will, and you’re absolutely willing to step into that role now that the time has come. However, you need to be conscious of the fact that there could be a lot of different issues in...
Better Solutions For Your Family, Future And Finances.
Year: 2021
3 steps to take to enforce a crucial business contract
People sometimes call contracts the lifeblood of a business. The contracts that you sign with your employees, service providers and vendors are what allow your business to operate. Knowing that you can rely on certain services and supplies can be crucial to your...
Make guardianship part of your estate plan
If you have children and are starting to work on your estate plan, now may be a good time to look into establishing a guardianship. Guardianship for minors is there to guarantee that they will have someone to look after them in an emergency. Whether you are injured...
Avoid these business formation mistakes
When starting a new business, people often focus on avoiding mistakes after the company is up and running. For instance, they don’t want to be open so long that overhead costs are unsustainable, but they don’t want to have such short hours that many customers can’t...
How long do creditors have to bring a claim against an estate?
When people create estate plans, one of their goals is often to avoid probate court. Probate proceedings can delay loved ones’ receipt of property from an estate. They can also cost money, which then reduces how much the beneficiaries of the estate eventually receive....
You can plan to protect your farmland from creditors and taxes
As a farmer, your land is your most valuable possession. While farm machinery is also quite valuable, it is worthless without property. Whether you are the third generation of your family to work this land or are the first member of your family with a passion for...
Having a lawyer help you collect the debts you are owed
Those who own businesses here in the Elizabethtown, KY, region know they cannot let unpaid bills mount. To manage a business or company effectively, you must have a steady stream of income. When customers do not pay, it harms your business and your financial accounts....
Include these sections in any contract you create
Every good contract needs a few basics. Without them, the contract could be complicated or may not cover all the incidents that could occur between the parties who signed it. In any good contract, you will want to have: · Payment terms. · The names of the...