At some point in your life, you’ll plan your estate. Most people plan their estate later in life when they have more assets to consider distributing, which can discourage younger people from creating a will. Yet, wills aren’t just about asset distribution. You’ll have...
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Month: August 2022
4 signs someone is a possible POA
If you’re working on your estate plan, one of the things you may have to do is select a power of attorney. You may need more than one, depending on what you want to add to your plan. For example, you may choose to have a health care power of attorney or to opt for a...
Why do businesses face nonpayment issues?
Nonpayment issues can be devastating for a business. In many cases, the services have already been rendered or products have been shipped. You expected to be paid for those invoices, but the payments never came in. Why does this happen? It’s not simply that the other...
Naming an executor: 2 points to consider
Alongside drafting a will, one of the most important decisions you can ever make is choosing an executor for your estate. This is the individual who will “step into your shoes” when you pass on to implement your wishes and desires as outlined in your will. Given the...
2 reasons an LLC is a popular business form choice
There are numerous different business structures that entrepreneurs can use when starting a new company. From sole proprietorships and partnerships to nonprofit organizations, there are structures that work for different business concepts and personal situations....