Information accurate at the time first published. Laws subject to change.
There are some activities we engage in outside of work strictly for personal reasons, with no thought of ever profiting from them. You might, for example, enjoy photography, hiking on the weekends, or collecting classic records. There is no monetary gain—and no...
One significant advantage to organizing your business as a limited liability company (LLC) is the flexibility it provides. For example, the Internal Revenue Service (IRS) allows LLC owners to choose whether their business will be taxed as a sole proprietorship (if you...
When a loved one dies, the grief and shock can be overwhelming. The last thing most people want to think about is making phone calls or funeral arrangements. While some plans can wait, other steps should be taken immediately. We hope the following guidelines will help...
What should I do if my chosen successor trustee dies before me? If the successor trustee of your revocable living trust (RLT) dies before you, nothing will happen immediately with respect to how your trust is managed. If you named a backup to your successor trustee in...
The success of a business depends on factors beyond making a good product or delivering a reliable service. It also relies on the decisions a business owner makes when securing valuable, proprietary information and keeping it from competitors. One tool that many...