4 Critical Estate Planning Tasks to Complete Before Going on Vacation

 

Going on vacation entails lots of planning: packing luggage, buying plane tickets, making hotel reservations, and confirming rental vehicles. But one thing many people forget to do is plan for the worst. Traveling, especially in foreign destinations, means you’ll likely be at greater risk than usual for illness, injury, and even death.

In light of this reality, you must have a legally sound and updated estate plan in place before taking your next trip. If not, your loved...

3 Major Benefits of Structuring Your Business As An LLC or S Corporation

 

One of the smartest moves you can make as an entrepreneur is to structure your business as a limited liability company (LLC) or an S Corporation. You’re probably aware that both LLCs and corporations can protect your personal assets from debts and lawsuits incurred by your business, but they also offer other key benefits that you might not know about.

 

Indeed, these entities blend certain positive aspects of a sole proprietorship, partnership, and corporation, without...

 

 The Real Cost To Your Family: Not Planning For Incapacity

 

When it comes to estate planning, most people automatically think about taking legal steps to ensure the right people inherit their stuff when they die. And these people aren’t wrong.

 

Indeed, putting strategies in place to protect and pass on your wealth and other assets is a fundamental part of the planning equation. However, providing for the proper distribution of your assets upon your death is just one part of the process.

And it’s not even the most critical part...

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