How to Secure Your Private Property as a Limited Liability Company Owner

How to Secure Your Private Property as a Limited Liability Company (LLC) Owner

When you set up a commercial venture, you choose between a sole proprietorship, partnership, and an LLC. A big mistake that people make is failing to separate their commercial establishment from private properties, and end up losing the properties to creditors. Forming an LLC is a sure way to guard your properties from getting attached…

Details
Coronavirus and Your Estate Plan 101: The Need for Power of the Attorney

Coronavirus and Your Estate Plan 101: The Need for Power of the Attorney

According to reports, coronavirus infection comes with minor, flu-like symptoms including fever, cough, muscular pain, fatigue and trouble breathing. As the condition progresses, you might experience severe pneumonia, sepsis, acute respiratory syndrome, and septic shock that cause death. The condition is prevalent in people with an existing chronic condition, though it has also been seen…

Details
Estate Planning 101: Handling Assets in Foreign Jurisdictions

Estate Planning 101: Handling Assets in Foreign Jurisdictions

It is not uncommon for people to own assets in other jurisdictions, including regions or states. This is because many people are wealthy enough to reside in different jurisdictions in their lifetime. Many people also take advantage of business opportunities in these jurisdictions, meaning that they end up setting up their assets in these areas.…

Details