Are you of the belief that your estate plan should remain the same from now until the day you pass on?
You have a business idea, some funds and a goal detailing where you would like to be in five years. But you might feel overwhelmed by getting your business up and running. It's natural to be afraid of failure and worried about the financial impact of making a mistake.
Buying a home is one of the most significant purchases a person might make, and the process is not a simple one. Especially for first-time homebuyers, navigating the home buying process without assuming unnecessary risks or expenses is very difficult.
Running a company in any industry can be an exhausting but rewarding job. You have to make critical decisions every day that affect not only the health of your company but your income and the security of your employees. Most business owners understand the importance of committing to major transactions and agreements in writing.
Failing to create a last will or estate plan early in life could leave the people you most care about in a vulnerable position financially and socially, especially if you have minor children. As a general rule, you should think about creating an estate plan or last will if you have children, intend to marry someone or acquire substantial assets, like a home.
For many entrepreneurs, the business they started from the ground up is considered their “baby.” All the blood, sweat and tears put in are worth it to watch it succeed.
When starting a business, every contract and every deal makes a difference. Once of the most significant deals is the lease on a property. While most entrepreneurs already know how residential leases work, commercial leases are more complex and come in many different structures.