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Selling a Deceased Loved One’s Real Estate: Things You Need to Know
Selling a Deceased Loved One’s Real Estate: Things You Need to Know After the death of a loved one, such as a parent, there are a variety of tasks that must be handled to wrap up your loved one’s final affairs. Selling your deceased loved one’s real estate is one of...
Estate Planning: Answering Common Questions of Senior Citizens
Estate Planning: Answering Common Questions of Senior Citizens According to a study conducted by Caring.com, the percentage of people aged fifty-five and older who have created a will has fallen from 60 percent to 44 percent since 2019.[1] Although creating or...
How Can Remarriage Affect Your Estate Planning?
How Can Remarriage Affect Your Estate Planning? Divorce is more common now than it was in the past, as is remarriage. Depending on how long a prior marriage lasted, the former couple may have engaged in certain levels of estate planning together. When that is the...
Fears When Talking about Money
Fears When Talking about Money Studies have shown that the largest contributing factors to generational loss of wealth are a lack of communication and trust among family members and the failure to prepare heirs. Often, fear is what underlies the lack of communication...
10 Types of Trusts: A Quick Look
10 Types of Trusts: A Quick Look Considering the myriad of trusts available, creating the right estate plan can seem daunting. However, that is what we, as estate planning attorneys, do every day. We know the laws and will design a plan which addresses your specific...
How to Remove a Member of an LLC
How to Remove a Member of an LLC As a business grows, its ownership structure may change and an owner may need to be removed. Removing an owner of a limited liability company (also known as a member) may become necessary if a member retires, dies, changes career,...
Make Gifts That Your Family Will Love but the IRS Won’t Tax
Make Gifts That Your Family Will Love but the IRS Won’t Tax Do not let constant political and financial speculation prevent you from making tax-free annual exclusion, medical-payment, and educational gifts to or for the benefit of your loved ones. Make Annual...
Mineral and Surface Contracts
Navigating Mineral and Surface Contracts It can be a time of excitement when a landowner is contacted regarding some sort of mineral or surface rights proposition. Be it a cell tower, wind turbines, a pipeline, or the sale or lease of mineral rights, landowners need...
Property Due Diligence: Going Beyond Title
Property Due Diligence:Going Beyond Title Property Rights To Consider Mineral Ownership Water Ownership Renewable Energy Easements Zoning Liens Mortgages Covenants Environmental and Operational Concerns Lease Analysis Regulatory Analysis...
Drive Greater Resilience, Less Risk in a Post-COVID World
Drive Greater Resilience, Less Risk in a Post-COVID World Click here to view video with more details and information. Crystal McDonough, Owner and Attorney McDonough Law Group Karen Breen, CPA, Embark Finance & Accounting Advisory Services, Managing Director...
What You Need to Know about Hiring Your First Contractor
What You Need to Know about Hiring Your First Contractor Hiring workers is an important step for a business. A business owner is faced with a chicken-and-egg dilemma: Is it better to hire employees anticipating that the business will grow, or wait until the business...
Common Business Formation Mistakes
Common Business Formation Mistakes The key to a successful business is having the right people, financial knowledge, effective processes, and a well-researched business plan. According to the Bureau of Labor Statistics, approximately 20 percent of businesses fail in...