General Blog
As a minority business investor, it is essential to have an investment strategy that will maximize your returns. Once an investment decision is made, it is critical that a target business will enhance value of a broader investment portfolio. At the same time, many minority investors are also business owners who know what makes for a successful enterprise. This post…Read More
An executor is responsible for the administration of an estate. The executor’s signature carries the same weight of the person whose estate is being administered. He or she must pay the deceased’s debts and then distribute the remaining assets of the estate. If any of the assets of the estate earn money, an executor must manage those assets responsibly. The…Read More
How Can Families Resolve Differences Over Elder Care Without Litigation? Can an elderly parent continue to live alone? Is it time to take away a parent's driver's license? What if one sibling is stuck with providing most of the care for an elderly parent? Even the most harmonious families can become deeply divided over these and other elder care issues.…Read More
Life insurance can be an integral part of an estate plan. Policies can be set up to be paid directly to the beneficiary, without the need to pass through the estate, and without the need for any taxes to be paid. Having a life insurance policy ensures that some assets will be liquid, so that debts and expenses can be…Read More
Can You Afford To Pay For Long-term Care If You Need A Nursing Home Or Adult Day Care? For decades, the stigma surrounding putting a parent in a nursing home drove many families to make great sacrifices in order to keep elderly family members at home in their declining years. Today, not only has that stigma somewhat lifted, but 4…Read More
Frivolous lawsuits are an all-too-common problem for small businesses. This is because, under current laws, there is almost no risk to trial attorneys or their clients for bringing even absurd cases to court. While large companies routinely retain attorneys and have the financial means to protect themselves from frivolous lawsuits, small businesses may be left out in the cold if…Read More
Testamentary capacity refers to a person’s ability to understand and execute a will. As a general rule, most people who are over the age of eighteen are thought to be competent to make and sign the will. They must be able to understand that they are signing the will, they must understand the nature of the property being affected by…Read More
If your estate plan and related documents are properly and carefully drafted, it is highly unlikely that the court will disregard your wishes and award the excluded child an inheritance. As unlikely as it may be, there are certain situations where this child could end up receiving an inheritance depending upon a variety of factors. To understand how a disinherited…Read More
The practice of estate planning is dedicated to preserving an individual’s control over his or her assets after death. A simple will can control which individuals receive what assets, but a more thorough plan has the potential to do much more. Establishing a trust is the most common method used to exercise this kind of control. A trust can issue…Read More
When I think about musicians who have lots of experience with the legal system on the civil side of things, one of the first people I think of is Prince. During the 1990s he legally changed his name to an unpronounceable “love symbol’ as a form of protest during a legal battle over his contract with Warner Brothers, and he…Read More
Known as the “silent epidemic,” the federal government estimates as many as 1 in 9 Americans over age 60 has experienced some form of elder abuse. Of course, elder abuse can include physical and sexual assault, it can also involve much more subtle types of harm. From financial exploitation to neglect, elder abuse continues to be a growing problem in…Read More