With the fall season approaching, it’s an excellent time to review your affairs. Below is a checklist to ensure your planning meets your needs and is up-to-date: When was your power of attorney last updated? A power of attorney is a valuable legal document, no matter what the circumstance. Not only is it flexible and can […]
Today we welcome guest blogger Natalie Lynch to share important information about Veteran-Owned businesses in Texas. There is great news for Texas veterans who want to be business owners. Back in 2015, the Texas legislature passed Senate Bill 1049, which allows qualifying Texas veterans who have been honorably discharged to incorporate their businesses in Texas with […]
For many employees, saving for retirement is usually a matter of simply participating in their employer’s 401(k) plan and perhaps opening an IRA for some extra savings. But, for business owners, planning for retirement requires proactivity and strategy. It’s not just the dizzying array of choices for retirement accounts; there’s also planning for the business itself. […]
Estate planning is an important task that everyone should undertake as it helps to protect your family and loved ones’ financial future. But estate planning can do much more than focus on finances; it can also provide care for those you leave behind. One aspect of estate planning that is often overlooked but can be quite […]
Did you ever wonder what happens to your digital footprint when you pass away? Well you should, particularly if you are part of the 77 percent of Americans who go online every day. As the internet has become more of an integral part of our lives, our information — pictures, videos, financial, emails, social media accounts, […]
Congratulations on the purchase of your new home! Whether this is your first home, an upgrade, or you’re downsizing, purchasing a new home is a big event in your life. When these major life changes occur, it is important that you are properly prepared. Below are a few things for you to consider now that you […]
Last week, the United States Supreme Court issued a ruling on a case involving life insurance beneficiary designations after divorce. Mark Sveen had named his wife as the beneficiary of his life insurance policy. They got divorced, but Mr. Sveen did not update the beneficiary. Court ruled that divorce invalidated the beneficiary designation in favor of […]
Poor estate planning is a recipe for disaster. Look no further than Dickens’ Bleak House—or a telenovela—to witness the tragedy and melodrama inadequate estate planning can cause. While having your estate planning documents prepared is the first hurdle to overcoming these types of disasters, there are several threats that lurk around the corner that might derail your wishes. A little planning can help you avoid these threats to successful estate planning.
