Dividing a loved one's estate after they pass can be long and tedious. If a will indicates their wishes, the surviving family members would better know what to do next. However, that is not always the case. Sometimes, the deceased has no will, and the family must let...
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Month: April 2023
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Should I form a trust?
What goes through your mind when you hear the word “trust”? If the idea of “trust fund babies” – individuals who are independently wealthy thanks to a trustor (often their parents) setting aside a whole bunch of cash to set their kid up for life – popped up in your...
Sole proprietorship versus limited liability company
One of the first things you’ll have to decide when you’re opening a business is what type of legal structure it will have. Many small businesses are set up as sole proprietorships or limited liability companies. There are some very important distinctions between these...