Estate Planning Myths: What You Need to Know Estate planning myths. Advanced planning is one of the most important gifts you can give yourself and the people you love. Yet many people avoid it because of misinformation, fear, or the belief that it’s only for the...
What Is a Trustee? Being named a trustee is both an honor and a serious responsibility. Whether you step into the role after someone’s death or during their incapacity, your job is to manage, protect, and distribute trust assets according to the trust document and the...
To be valid and enforceable, a trust must be funded with property—known as trust assets. The trust is only as effective as the assets placed into it. These assets can include real estate, such as residential houses, commercial property, rental property, and unimproved...
What is a Will. Why do they matter? What is a will? Most people have heard about wills. Many are familiar with estate planning and the documents that make up a complete plan. They hear terms like wills, trusts, healthcare directives, HIPAA authorizations, powers of...
What is a trust? It is a fiduciary relationship in which the grantor (also called the settlor, trustor, or trust maker) gives another party, known as the trustee, the right to hold and manage property or assets for the benefit of a third party, the beneficiary. To be...
Preparing for Estate Planning Preparing for Estate Planning. How prepared are you for your future and the future of your loved ones? The truth is, most people are not prepared at all. Some believe they are too young to think about incapacity or death. Others avoid the...
Loose Lips Sink Companies: Trade Secrets 101 Trade Secrets 101. Imagine this. You own a business and employ ten workers. You need to downsize, so you lay off three workers. One of them joins a competitor and takes the information they learned with them. The risk of...
Freelance laws. Several states have enacted freelance laws to protect the rights of freelance workers. Among the growing list is New York. If you or someone you know works as a freelancer in New York, this is a blog post you shouldn’t ignore. Here’s what you need to...
Trademark check. When it comes to protecting your trademark, the most important step in the process is to choose a trademark that can be protected. The selection of your mark is the crucial 1st step. If you get this wrong, you will be challenged and ultimately...