As we have talked about numerous times before on this blog, your will is a critical component to your entire estate plan. Without one, your last wishes may not be appropriately represented. So having a will is important not just to securing your legacy and nest egg, but also to protecting your loved ones and beneficiaries.
Keep your wealth in the family with a family limited partnership
The time to plan your family's future is not when you're elderly--it's now. There is no better time than the present to sit down and think seriously about how to ensure the financial wellbeing of your family for generations to come. One possible way to do this is with a family limited partnership.
Living wills vs. healthcare power of attorney
The living will and the healthcare power of attorney are two different aspects to your estate plan, even though they have similar functions. They are distinct however, and they both serve incredibly important functions. So what are they and why should you care about the differences between the two?
What do franchisers provide to franchisees?
Franchising is a popular way for people to operate a business without having to face the same risk and responsibilities of starting one from scratch. However, operating a franchise does come with challenges and obstacles that can jeopardize the business.
Why you might want to rethink non-traditional care directives
When it comes to making an estate plan, specificity can be critical. If you leave vague explanations or instructions, it can be difficult for your loved ones and others to interpret and fulfill your wishes. This could have devastating consequences on the people who may never feel confident in the decisions they make on your behalf.
