A Checklist for Passing on Assets to Beneficiaries Maybe because it isn’t pleasant to consider our own mortality, it is oftentimes too easy to delay the creation and maintenance of our estate plans. Nevertheless, establishing your final wishes and intentions in a clearly stated and understood way through the legal documentation found in an estate…
On May 23, 2019, the U.S. House of Representatives passed important retirement legislation called the Setting Every Community Up for Retirement Enhancement (SECURE) Act. The Senate is likely to pass the bill and the President expected to sign as well. Under HR 1994, there are 3 important issues for estate planners and financial advisors to…
The best part of my days are the nights I get to come home in time and see my girls off to bed. Jiya, now 4 ½-going-on-14, has graduated from songs and has moved over to stories, and the girls and I have been addressing all the popular ones recently. I’m sure it’s because their dad…
For start-ups and developing organizations alike, signing a lease for a commercial space is often assumed to be just like renting a home or apartment i.e. a lessee pays a specified amount of money to a lessor per month. When in reality there are several different types of commercial leases and basic structures that represent…
A trust, simply put, is a fiduciary arrangement intended to help you manage your wealth and assets in accordance with your wishes in the event of your death or incapacitation. A trust allows a third party, or trustee, the legal authority to manage, maintain, and distribute assets directed by the contents of the trust or…
Too often, businesses equate a corporate law attorney to that of an auto mechanic or firefighter, as in they only call them when there is a problem. What many entrepreneurs fail to understand is just how beneficial a business attorney can be to the longevity and success of their endeavor. Legal assistance and advocacy are…
“Our young children are our lives and our greatest blessings. They mean everything to us and everything we do is with them in mind. They are our past and future put together, and they reflect all of our hopes and dreams combined. As parents of little ones ourselves, we know full well the deep love…
Time-effective and cost-efficient, alternative dispute resolution gives the parties involved more flexibility and control over the process and outcome of business-related disputes; i.e. partnership, employment, or contract disputes. Alternative dispute resolution (ADR) is essentially any method of resolving disputes outside of the courtroom without litigation and is the preeminent approach to dispute resolution. Historically, parties…
One thing I hope for Jiya and Sonam is that they get to travel the Earth far and often. Traveling is a healthy form of disruption that we all could use. Traveling reminds us of how little of a spot on the globe we actually occupy. It forces us to accept that there are other…
The primary goal of your estate plan is the overall protection of wealth and assets in the event of your death or incapacitation. It ensures your assets may be distributed, as you see fit, through a will or trust agreement. However, in order to accomplish that goal, it is vital any and every asset is…
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