October

A partnership allows you to work with others toward the common goal of business success. However, choosing the right partner or partners is key when establishing your business as a partnership. What traits might you want to look for?

Many people turn to trusts during the estate planning process because they provide benefits that a simple will may not. By placing assets in a trust, those assets will avoid probate. This provides you with greater privacy and allowing your loved ones to receive their inheritance without the time-consuming probate process. It also allows you to include more detailed instructions for how and when your loved ones will receive their inheritance. However, your relationships and your wishes for your estate may change over time. When your life changes, can your trust change along with it? The answer depends on the type of trust you establish.