How the Biden Administration Could Affect Your Estate Plan?

2021 began with President Biden assuming his role in the White House office. Now Democrats control the House of Representatives as well as the Senate. Therefore, many people are anticipating changes to policies. Biden has started discussing tax changes, however, it’s still too early to Read More …

What is an LLC (Limited Liability Company)

If you are a business owner consider making your business a legal entity. A limited liability company (LLC) is a legal status given to businesses. This establishment means the business will be its own legal entity and the owner(s) can be relieved of personal responsibility Read More …

What is the difference between an estate executor and an estate administrator?

Understanding Estate Administration and Probate Probate is a legal process in which all estates must go through, as long as the estates are contained in a will. The primary goal of probate is to transfer assets out of the deceased person’s name into the name Read More …

6 Estate Planning Must-Haves

A common misconception is that having an estate plan simply means drafting a will or a trust. However, there is more to include in your estate planning to ensure that all your assets are seamlessly transferred to your heirs. A successful estate plan should also Read More …

Estate Planning Guidance for Small Business Owners

Did you know that the majority of small companies fail within the first generation? It’s not because these firms aren’t sustainable; rather, many times it’s due to errors in estate planning and communication. Let’s say you have a plan when you leave your pet for Read More …

Can You Inherit Season Tickets?

The executor’s role can be complicated by distribution of unique assets that the deceased individual’s last will does not account for. One example includes seasonal sports tickets. In such instances, family members often inquire about the status of a seasonal pass after a loved one Read More …

Has COVID-19 Caused an Increase in Electronic Wills?

After seeing a dip in the number of U.S. COVID-19 cases, cases are rising again and at an alarming rate. The devastation from the initial wave of COVID-19 is far from over, and now the country is reeling again as the disease’s deadlier cousin, the Read More …

What You Can Learn About Estate Planning from Celebrities

What links Pablo Picasso, Jimi Hendrix, Abraham Lincoln, and Aretha Franklin? Not much, you’re probably thinking. They do, however, share one significant feature. They all died intestate, which implies they didn’t leave a will behind. Pablo Picasso died in 1973 at the age of 91, Read More …

Can a Non – U.S Citizen Create an Estate Plan in the USA?

Are you trying to create an estate plan but have concerns regarding your citizenship status? You may not be the only one considering there are more than 45 million foreign-born individuals residing in the United States. While some have already acquired citizenship, millions of others Read More …