If you are a business owner, chances are you had a long period of rumination before deciding on your current business entity. Friends, business gurus, and other “experts” may have given you information that made certain business entities seem more attractive than others. While S-Corps, C-Corps, and even Sole Proprietorships have benefits unto themselves, […]
Read More »Wells Fargo’s Problems Escalate with Asset Protection Blunder
When it comes to corporate scandal, the last few years haven’t been in Wells Fargo’s favor. From 2011 to 2016, at least two million fake deposit accounts were created, with 500,000 more unauthorized credit card applications. In total, these accounts generated over $2.6 million in fees for the bank and plenty of public scrutiny. […]
Read More »4 Asset Protection Strategies for Entrepreneurs
With the rapid advancements in technology, there has been a massive rise in self-identified entrepreneurs. In 2015, the Global Entrepreneurship Monitor reported that 27 million working Americans had started new businesses. Entrepreneurs are necessary for the growth of the Global economy. When successful, entrepreneurs’ advances can improve the standard of living, create jobs, and […]
Read More »STEP – Finding true north – Part 1
Enjoy Part 1 of this article courtesy of STEP:
Read More »The Difference between Lifetime and Death-time Planning… and Why a Comprehensive Plan Must Include Both
According to a March 2017 survey by Caring.com, six out of ten Americans have no will or any other kind of estate planning. Many said they’d get around to it, eventually. When they’re old. (The survey did find that the elderly are much more likely to have some plan in place.) It’s all too clear that […]
Read More »STEP – The best-laid plans…
Check out this interesting article from STEP:
Read More »Reuters – Who is family when it comes to estate planning?
This article is courtesy of Reuters: “Most families would not fail to invite their sons- and daughters-in-law to Thanksgiving dinner, but a discussion of the family inheritance is another matter.
Read More »Reuters – Estate planning for the young, rich and childless
Enjoy this article by Reuters: “For many single or childless individuals, the question of how to distribute their worldly wealth after they die is wide-open and complicated. A charity? Alma mater? Distant nieces and nephews? A cat?
Read More »Daily Mail – Bank of Mom and Dad wants to keep tabs on inheritance: Parents keen to have say on how money they leave to offspring is spent
Enjoy this article from Daily Mail: “Parents across the UK want to control how the cash they bestow is spent by their children, a new survey suggests.
Read More »Forbes – Retirement Planning, Estate Planning And Investing: All Struggles
Enjoy this article from Forbes: “Today’s grim financial news: Americans, especially those nearing retirement, are struggling with retirement planning, estate planning and making investment decisions.
Read More »