If you are asking this question, the answer is almost certainly YES. So, let’s start with “what is a buy-sell agreement?” In short, a buy-sell is an agreement between you and the other owner(s) of your business that lays out what would happen if you or another owner no longer wants to or no longer…read more

This is a question I hear all the time. “Do I need a will?” The answer a resounding “maybe.” The better question is, “Do I need a plan?” and the answer is a for sure “YES!” A will might be the only planning you need, or it might be only a small part of your…read more

I get this question all the time. “Does a will avoid probate?” Absolutely not! Your will is actually a road map through probate. If you have an asset that goes through probate, your will controls the distribution of that asset. Conversely, any assets that avoid probate are NOT controlled by your will. Believing that wills…read more

When is the best time to start a business? When should you take the plunge, so to speak? The short (and annoying answer) is of course, when you’re ready. But being “ready” is different for everyone. Here are a few things to consider: Replacing your income. Most budding entrepreneurs already have a job. Are you dependent on…read more

If you have small children, you have probably asked, “How do I name a guardian for my kids if something happens to me?” It’s an important question to ask yourself. Unfortunately, all too many parents stop at that step. Or they tell their parents or brother or friend that they want them to take care…read more

This is the first post in a series about family scenarios and situations that place someone in a “higher need” category to get their planning done. Nearly everyone needs to have some kind of estate planning (perhaps a simple will and powers of attorney, for example) in place, but some people absolutely MUST get good…read more