by Trust Counsel | Jun 20, 2023 | Articles, Asset Protection, Business/ Corporate Law, Financial, Income Tax, Probate
If you’re a business owner and have been operating your business as a Sole Proprietor, you’re leaving the personal assets of your family at risk. From a creative side hustle to a tech startup, owning a business always comes with some level of financial investment and...
by Trust Counsel | Jun 19, 2023 | Articles, Asset Protection, Estate Planning, Family, Financial, Wills
When it comes to estate planning and wills, you have a variety of options for legal documents. The most common of these options is a “last will and testament,” which is also known simply as a “will.” But you may have also heard people talk about a “living will” and...
by Trust Counsel | Jun 16, 2023 | Articles, Asset Protection, Business Succession, Business/ Corporate Law, Estate Tax, Financial, Income Tax
If you’re a small business owner, you’ve probably been enjoying the privacy and simplicity that owning a small company affords you. (I mean, who will really notice if you take a half-day on Friday or forget to have an annual shareholders’ meeting?) Aside from...
by Trust Counsel | Jun 15, 2023 | Articles, Asset Protection, Business/ Corporate Law, Estate Tax, Financial, Trusts
Get ready for an interesting twist in the world of legal and business news. You may already be familiar with the upcoming Corporate Transparency Act, set to kick in next year. If you aren’t, it’s time to get in the know because it could impact you, and if you it does,...
by Trust Counsel | Jun 6, 2023 | Articles, Asset Protection, Estate Planning, Estate Tax, Family, Financial, Inheritance, Trusts
If you have a current estate plan, I’ll bet you plan to leave your assets to your children outright and unprotected by age 35, or maybe a little later. Go take a look at your estate plan, and see what it does right now. And, if you don’t have an estate plan, and...
by Trust Counsel | May 30, 2023 | Articles, Asset Protection, Estate Planning, Family, Financial, Inheritance, Trusts, Wills
Blended families were once considered “non-traditional” families, but today, blended families are becoming just as common as non-blended families. Currently, 52% of married couples (or unmarried couples who live together) have a step-kin relationship of some kind, and...