Estate Planning Tips for Business People

Estate Planning Tips for Business People

Statistics show that only 30 percent of businesses make it through the second generation of ownership. This can be attributed to poor succession planning. As a businessperson, your life revolves around the business. However, have you ever stopped to wonder what will happen to your business when you can’t make essential decisions anymore? Apart from…

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Estate Planning and Bankruptcy

Estate Planning and Bankruptcy

Studies show that the number of people filing for bankruptcy is still high, even with improvement in economy. Say you are planning your estate, and then you decide to declare bankruptcy, what transpires after this? Do you shelve it or do you still proceed? What if your kid declares bankruptcy when you are busy coming…

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Dangers of DIY Planning

Dangers of DIY Planning

Estate planning mistakes can turn out to be expensive than you ever thought. The amount you spend fixing the mistakes – that is if they can be fixed at all – is huge. The situation is simple – when a person makes a mistake in planning their estate and get deceased later on, they won’t…

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