Estate planning isn’t fun, at least for most people. It often requires deep thought and planning to decide how your estate and assets will be divided once you pass on. So it makes complete sense why estate planning isn’t fun.However, it is a necessary step...
Month: October 2018
How businesses benefit from diverse leadership
In a unique approach, California has passed a law requiring public companies to diversify their boardrooms. The law mandates that all publicly-traded companies in California need at least one woman on their leadership team.The law goes into effect this year and...
3 questions to answer before hiring a family member
Embarking on a new business venture is often exciting -- and scary. Business owners typically have a lot on the line when they start something new, and any setbacks can prove to be costly. As such, minimizing risks when necessary can be crucial.Hiring family is one...
What are health care proxies and what decisions do they make?
One of the most devastating calls someone can receive is one informing them that a loved one has suffered an illness or injury and is incapacitated. Seeing someone in that condition can be traumatic, and it can be very unsettling to be unable to communicate with that...
What to think about when naming a guardian for your children
Taking care of your children is often the primary goal for parents when it comes to estate planning. Often, parents want to set aside money or property for their children, or provide critical direction when it comes to long-term and end-of-life care. Estate...
Avoid making these estate planning mistakes
Creating an estate plan helps protects your assets and ensures your heirs are cared for after you are gone. An estate plan provides peace of mind, and it prevents your family from wading through messy court proceedings.However, you need to do more than just create...
Mistakes new businesses make with intellectual property
Taking a business from the idea phase to operating is a massive undertaking in time, effort and money. Startups can overwhelm even the most experienced business professional.Many startups are lax when it comes to defending their intellectual property (IP). Too often,...
Disinheritance: Is it always dramatic?
Disinheriting someone in a will can seem like a painful slight; a way to hurt someone or reinforce the message that there was no remaining value in a relationship. However, the fact is that sometimes disinheriting someone in a will means something else --...