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When creating your estate plan, you can include a section that names people with powers of attorney in case you cannot make important decisions for yourself. Making a power of attorney designation is useful when planning ahead for medical emergencies and end-of-life...
As a business owner, a large part of running your operation involves forming ongoing agreements with employees, suppliers and customers. For this reason, creating business contracts is something your organization likely does on a regular and ongoing basis. According...
The value of an estate plan can provide you with ongoing support throughout your life. In addition to protecting your assets, a functional plan can also give comfort and guidance to your surviving family members. Making mistakes while you plan could jeopardize your...
Understanding your options is crucial if you run a firm currently facing an employment discrimination case. It is helpful to go over data on employment discrimination to understand the prevalence of these cases. Business owners should also take steps to prevent...
Business succession planning is a necessity for small business owners and entrepreneurs of all flavors. Arranging your affairs in preparation for a successor ensures that you can smoothly exit the company when you decide to retire and also prevents a worst-case...
Understanding the type of business formation you wish to use is essential to making the right choice. If you have decided that you want to form an S corporation, it can help to learn a little about the unique aspects of this choice. The IRS states an S corporation's...
Selling your home is exciting but also stressful. For most people, a house is the most significant investment they will ever make. You do not want to waste all that hard work by committing a mistake during the selling process. According to Fit Small Business, average...
A will is an important estate document. But despite how vital it is, a will is not able to do a few specific things. The American Bar Association notes the main point of a will is to determine who gets your assets after your death. It can also express your wishes and...
Giving back to charity can give your business a sense of purpose and strengthen your connection to your community. Often, charities will approach business owners for donations, especially toward the end of the tax year. Unfortunately, not every charity wants to give...
Most buyers will have to secure a mortgage to buy real estate. Part of the mortgage process is securing a good interest rate because the interest will add to the overall cost of the purchase. The Federal Reserve sets interest rates and will adjust them according to...
