If you’re getting divorced, it can have an impact on your plans for future retirement. This is especially an issue if you are 50 years old or older, which is known as a gray divorce. You are getting closer to retirement age, so you need to pay close attention to your...
Studies vary, but there is no denying that a significant number of businesses in the U.S. have heavy family involvement. Keeping the business in the family has several advantages. Who is more trustworthy than a close family member? However, the harsh reality is that...
Child support is a parental responsibility that parents may owe to their children under the law. It is common for the parent paying support to feel angry about that obligation because it generates financial stress for them. The parent receiving the payments may also...
The Minnesota legislature recently amended the TODD statutes to address issues regarding insurance coverage of real property subject to a TODD after the death of the grantor/owner. The amendment requires a TODD grantor/owner to perform certain actions to maintain...
As we are approaching the end of the year, we want to remind you of the requirement to file a Beneficial Ownership Information Report (BOIR) under the CTA. The BOIR must be filed by a domestic reporting company, which is defined under the CTA as an entity that is a...