Entering into a business partnership with your spouse or even employing your spouse at your business may seem like a wonderful idea at first, but lines can become gray all too quickly. Which partner is responsible for which business responsibilities versus which home responsibilities? Is one partner bearing the burden alone? These are questions one might ask when the marriage is in good standing.
However, according the American Psychological Association, about 40 to 50% of marriages end in divorce. What happens to your business assets then?
When people think about their legacy, they are typically thinking about maximizing the gifts and inheritances they can leave for their family. Unfortunately, these plans are sometimes jeopardized, too often by scam artists who target the elderly.
Most people who divorce eventually get remarried. Often, people who enter subsequent marriages do so with a better understanding of the challenges of marriage - and the potential for divorce. Many also want to avoid making the same mistakes twice. Here are 3 tips to consider before tying the knot again.
Any legal dispute has the potential to be disruptive and costly. However, they can be especially problematic when they involve a company with massive resources against a much smaller company, or an individual.
Health scares are huge wake up calls for many people who had previously procrastinated when it came to their estate plan. Between the health and financial implications of a serious illness, people often realize that they have not done the requisite planning to express their wishes and protect their families.
Whether you are thinking about setting up a trust or you are someone affected by the management of a trust, one of your primary concerns may be whether a trustee is managing it properly.
Though there are certainly exceptions, most reasonable people don't want a divorce to be a long, expensive process. To get through it as quickly and fairly as possible, some pursue avenues that seem inexpensive and quick on their face, only to make things more expensive in the end.
Being your own boss can be an enticing prospect. However, starting a business is no small feat. Not only do you need a product or service worth selling, you must also determine how to get your business up and running.
Workplace culture and dynamics are not always as positive as employers and employees would hope. In some cases, a workplace becomes so negative and harmful for an employee that it constitutes a hostile work environment.
