Want to Pay Off Debt? Explore These Tips and Actions Debt can hang over your head and cause some serious issues. You may find yourself unable to make purchases that you need to make, getting more headaches, or even losing sleep from the stress of debt. You are probably eager to find ways to reduce [...]
As a small business owner, you know the amount of legal challenges that can frequently arise. What should you do if a minor legal issue with a customer or employee turns into a legal battle? Small claims court may give you the opportunity to get quick resolution to legal disputes. It can be a great [...]
If you are like most people, you probably only have a vague understanding of the purpose that life insurance is supposed to serve. And you may not know that life insurance may impact your estate planning. So when you start thinking about Wills, Trusts, advance directives and more, you may also want to start thinking [...]
The No Surprises Act targets medical bill surprises If you’re like most Americans, “invoice” is probably your least favorite word. “Surprise invoice,” though, is on a whole different level of nightmare. If you haven’t experienced it yourself, you’ve probably at least heard of it happening to someone you know: The spine-curdling scenario of receiving an unexpected [...]
If you are renting your home, you already know about the struggles that renters face. You may have dealt with leaky pipes, A/C problems, issues with the rent, landlord/tenant arguments and more. But renters insurance might be something you have not thought much about. If you are asking questions like, “What is renters insurance? Why is renters insurance [...]
How Will Artificial Intelligence Change the Justice System? By now, many of us know a little about AI (artificial intelligence), but what does AI stand for and why is it important for us? We’ve seen films about robots and computers becoming self-aware and either trying to save or destroy the world. We’ve heard about robotic dolls, [...]
Prenuptial agreements are not just for the wealthy, they safeguard assets and provide financial stability in the event of a divorce. Today, more couples are signing prenuptial agreements than ever before. This type of agreement can ensure your premarital assets remain in your name and prevent you from losing financial stability if you later divorce. The rising [...]
Trusts may be set up as part of an estate plan for several reasons. For example, a Living Trust can help with estate tax issues, help avoid probate and address certain family circumstances. A Living Trust is a Trust that is established during a lifetime. It distributes assets similar to a Will. Avoiding Probate can [...]
It’s that time of year again—the season when everybody starts shopping for the holidays! Whether you are seeking gifts for friends and family or want to treat yourself to a cool new gadget, you are probably planning to look online for the best deals of the day. It’s fun and easy to click “Add to cart” [...]
A DBA (sometimes called a fictitious or assumed name) lets sole proprietors and formal business entities conduct business under a name that is different than their legal name. Sole proprietors must file a DBA if they want to get a separate business bank account. A DBA may work better for marketing and branding than using [...]
It’s an unfortunate fact of life that sometimes, people don’t pay you what they owe. This, obviously, applies to so many situations, from late rent to contractually owed amounts to money owed for work done. There’s a perfect venue for such disputes, especially if the amount that’s owed is minor: Small Claims Court. It’s a [...]
Small Business Debt Collection Seeking outside help is often the last resort for those looking to resolve an issue in their business. In the case of debt collection, hiring an attorney, or working with a debt collection agency may seem to defeat the purpose of what you hope to achieve. When you’re trying to collect what [...]
New Law Prevents Medical Bill Surprises—What You Should Know The No Surprises Act targets medical bill surprises If you’re like most Americans, “invoice” is probably your least favorite word. “Surprise invoice,” though, is on a whole different level of nightmare. If you haven’t experienced it yourself, you’ve probably at least heard of it happening to [...]
The business structure you select influences the paperwork you need to file, your ability to raise money, how much you pay in taxes, your personal liability and more. You want to choose carefully. Launch Your New Business for Success While you may convert to a different business structure in the future, there may be restrictions [...]
An operating agreement, one of an LLC’s (limited liability company) most important legal documents, should be one of the first documents you create when you form your LLC. So, does an operating agreement need to be notarized? Drumroll please . . . the answer is: no! Just because it’s a legal document doesn’t mean that it needs to [...]
