May 16, 2023 | Insights
An LLC is a business structure that can own many types of accounts and property. The LLC is owned by members who contribute money or property to the LLC. You can have a single-member-owned LLC or a multimember-owned LLC. If there is more than one member, management of...
May 9, 2023 | Insights
Manage expectations. If your lottery winnings have substantially increased your wealth, you may discover that your popularity has also grown. Some family members, acquaintances, and scammers are likely to want a piece of your winnings. Do not feel pressured to do...
May 2, 2023 | Insights
Donating Used Medical Equipment The fastest and easiest way to get rid of unneeded medical items is to donate them. Depending on the items, consider the following options for donation: A local hospice, nursing home, church, Veterans Affairs hospital, or Center for...
Apr 25, 2023 | Insights
When clients select a successor trustee for their trust, they frequently choose one person to serve as a successor trustee at a time. Many attorneys continue to recommend that only a single trustee be appointed to avoid the potential for disagreements or conflicts...
Apr 18, 2023 | Insights
A will (which should be accompanied by other important documents such as healthcare and financial powers of attorney, as well as an advance healthcare directive) is a foundational estate planning document. However, according to Gallup, only 46 percent of US adults...
Apr 11, 2023 | Insights
We all plan for “just-in-case” scenarios. When packing for our week-long vacation, we throw in a rain jacket even though the weather forecast is sunny—just in case. When planning for the future, it is also important to consider what will happen just in case one of...