You don't really have an appreciation for wealth and what it means until you are trying to pass it down to the future generation. This is the end-game for all wealth creation, which is why setting up a will and trust is just as important to this process as buying your first house or saving for retirement. A living trust is one of the best ways to formalize this process, and you can get this service by speaking to some professionals that can help you.
10 September 2019
When you've been harmed by the actions of others, you may have the right to gain monetary compensation. Unfortunately, feeling wronged is not enough reason to file a lawsuit. To help you understand what makes a good personal injury case, read on and ask yourself the following questions. Are you injured? This question may seem obvious, but without some form of injury, you don't have a case. For personal injury cases, some type of physical injury is necessary and you must be able to show that you have sought medical treatment.
24 May 2019
Family disputes can be difficult to get through, so imagine how complicated it can be to settle a dispute involving a family business. One area that is typically a sticking point among small family businesses is the decision on who will be the successor when the owner steps aside or dies. To resolve some of these disputes in a way that is amicable, one step you can take is to hire a professional mediation company.
28 November 2016
Dealing with a business lawsuit is certainly a hassle that nobody wants as part of their day. You may wish you could just make it disappear. Unfortunately, it won't poof into thin air by wishing alone. However, through the process of civil litigation, you can take action to get rid of it. Start by consulting a business attorney, who may then get the court to recommend mediation. Here are some things you may not know about each stage of legal mediation, which may be ordered by a court of law to encourage a mutual understanding and a way to settle the situation outside the courtroom.
23 December 2015
Having no commute or annoying co-workers is just some of the many perks that self-employed people enjoy, but with those perks come a greater need for financial responsibility when it comes to bookkeeping. The IRS takes a close look at people who work from home and use their home and vehicles for business purposes on their tax returns, so read on to learn more about red flags that could cause you to come under the scrutiny of an IRS auditor.
16 December 2015
If you think you've created the next Rubik's cube or the most innovative operating system, your idea may need a patent. A patent secures your idea so no one else can use it to create a like product and sell it within the United States. In most cases, the patent is granted to the first person to invent the new product, but in order to maintain sole rights, you have to actually file for the patent.
9 December 2015
Losing a loved one is never easy, but there are many responsibilities that needed to be handled after a death. One of the most important is the execution of the will. However, before a will can be executed, it must go through a process known as probate. To give you a better idea of how wills work, here is an introduction to probate: What is probate? There are two key components to probate.
2 December 2015