When control over a business changes hands, there is the potential for considerable disruption. Employees may be worried about their jobs; partners may worry about existing agreements; customers and clients might not like the change and stop supporting the business.
What to know before asking parents to invest in a new business
Your parents might be your biggest supporters. They could be the people who stand by you when you make a mistake and help you get back on your feet; they could be the people who encourage you to try new things.
3 things to take away from Anthony Bourdain's estate plan
The tragic death of Anthony Bourdain struck a chord for millions of people, whether they admired him as a chef, a traveler, an author or a television personality. Much of his success derived from his curiosity, so it is perhaps not a surprise that fans are similarly curious about Bourdain's life.
Keep your assets private with a living trust
You worked hard to acquire substantial assets throughout your life. To assign your money and property to loved ones after your death, you created a will. Unfortunately, because wills are public documents filed in court, any person may obtain a copy of your will after you die.
4 documents that can make probate easier for loved ones
When someone passes away, he or she can leave behind some complicated -- and upsetting -- matters that loved ones must then resolve. This can include debt, asset distribution and sensitive personal affairs.
