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4 situations that warrant an update to your estate plan
If you have an estate plan, you have taken a giant step in the right direction to protect your assets and provide for future generations. However, as life's circumstances ebb and flow, so should your plan. Here are four situations that may warrant an update to your...
Benefits of partnerships in business
There are many ways to set up a new business. For example, you can start a sole proprietorship, corporation, limited liability company, or partnership. The structure you choose has a lot to do with the type of enterprise you open and what resources you have to work...
Why parents need an estate plan
Creating an estate plan is not for the elderly and infirm. If you wait until you desperately need an estate plan, you are too late. Once you accumulate any amount of assets, estate planning should be a priority. This is especially true for parents. Parents who do not...