Estate Planning

Choosing a Corporate Trustee

Choosing a Corporate Trustee Making plans for your money and property after you pass away is not the most exciting thing to do. It involves thinking about situations that may cause feelings of fear and uncertainty. Nevertheless, it is essential to face those decisions head-on. You must determine what people, things, and values matter most […]

Estate Planning - Wealth Transfer Strategies to Consider in an Election Year

Wealth Transfer Strategies to Consider in an Election Year

Wealth Transfer Strategies to Consider in an Election Year With a push by the Democratic party to return federal estate taxes to their historic norms, taxpayers need to act now before Congress passes legislation that could adversely impact their estates. Currently, the federal estate and gift tax exemption is set at $11.58 million per taxpayer. […]

Estate Planning - 3 Reasons We Run the Other Way

3 Reasons We Run the Other Way

3 Reasons We Run the Other Way It can be hard to get motivated about your estate planning; it sounds about as fun as getting a root canal. However, you also probably want to make sure that your loved ones are protected and receive your hard-earned money and property – regardless of whether you have […]

Business Law

How to Open a Business Account

How to Open a Business Account New business owners often wonder which action items to prioritize when launching a new venture. If you recently started or are about to start a business, one of the most important steps you should take is to open a business bank account that is separate from your personal account. […]

Estate Planning

3 Simple Ways to Avoid Probate Costs

3 Simple Ways to Avoid Probate Costs The good news: Many of these probate costs can be reduced by avoiding probate. It’s really that simple. Here are three simple ways to reduce or eliminate costs by avoiding probate: 1. Name a Beneficiary. The probate process only applies to those accounts or other property that are […]

Business Law

The Dangers of DIY Contracts

The Dangers of DIY Contracts Contracts are an essential component of effective business management and development. Savvy business owners recognize the value of contracts but often explore ways to reduce the cost of obtaining them. In some instances, business owners attempt to create their own contracts by using templates available online. However, creating your own […]

Estate Planning

Trust Funding: Setting Your Trustee Up for Success

Trust Funding: Setting Your Trustee Up for Success For many people, a revocable living trust is a valuable tool to ensure that their finances are well managed during periods of incapacity and that their loved ones are financially secure upon their passing. However, signing the trust agreement doesn’t end the estate planning process: To work […]

Who’s On Your Team?

Who’s On Your Team?

Who’s On Your Team? Estate planning is not just about what happens to your stuff when you die. It is about coordinating all aspects of your life so (i) you can be taken care of during times when you are unable to care for yourself, and (ii) your money and property are distributed to the […]

How to Choose the Right Business Attorney

How to Choose the Right Business Attorney

How to Choose the Right Business Attorney A skilled attorney is a critical part of any business owner’s advisory team. Business attorneys are equipped to assist you in handling a variety of tasks that can protect you from potential legal and business pitfalls, in addition to solving existing legal issues. As important as they are […]

Traditions Law

“Incorporating timeless values and the experiences of the past to reach the best possible outcomes for our clients today and in the future.”