If your business is the biggest part of your estate, you know that you cannot afford any mistakes when passing it on to the next generation. This needs to go smoothly. It’s your legacy to your children. You also have to think about your employees and the future of the company. Everyone benefits when the transfer of a business is
We’ve talked before about what it means when you get a Reservation of Rights (ROR) letter from your business insurer, so you know that seeing one in your mail is not good. While not outright denying to cover a claim against you, your insurance company is questioning its obligations. Now, what should you do about it? Here are some tips: Read the entire
Nobody really wants to get involved in litigation — but it happens. You have to protect your interests, whether you’re in business, a property owner, the victim of someone’s negligence or more. When the other party refuses to be reasonable or accept their liability, you have no choice but to move forward with the discovery process in your case. That
Your spouse has an incredible pension plan. They already earn well over $100,000 per year, and they have a pension. They haven’t been saving much else for retirement because they know that the pension is going to kick in. This has given you a very high standard of living and a lot of security regarding your financial future. You don’t
Being able to see your child in person is often the highlight of a parent’s day, especially if they don’t live with you. The desire to see them can often lead parents to do whatever it takes to make the visits happen. Unfortunately, there are sometimes circumstances, such as when the parent has a contagious illness, that the visits might
You may think that when sexual harassment happens in the workplace, it is down to one bad apple amongst the workforce. Yet much of what happens in a workplace is down to the culture built by the employer. Businesses can reduce the chance of sexual harassment by being proactive. Claiming they do not know how to address the issue is
Have you read your insurance policies from start to finish, ensuring that you understand everything in them? Many people give an insurance policy only a cursory glance before deciding everything looks fine and filing it away. When you file a claim, finding the insurance company rejects all or part of your request can be a shock. If the insurance company disputes
You’ve always paid your insurance premium on time, and you expect that, in return, insurance companies will handle your claims reasonably and quickly. After all, that’s the exact service that these companies provide to consumers. Unfortunately, it isn’t necessarily your insurance company that will handle the claim if you get hurt in a car crash caused by someone else. Instead,
“The more you have, the more you stand to lose.” That adage is particularly true when it comes to divorce, and a lot of well-heeled spouses are very aware of the fact that they could lose a significant portion of their assets in a marital split. Consequently, there are companies out there that are perfectly happy to help them hide
Many couples, wealthy and not so wealthy, are taking advantage of the benefits that a solid prenuptial agreement can provide. When completed correctly, a prenup can protect your business, establish in writing your financial rights and preserve your assets. In a high net worth divorce, a prenup is invaluable in helping the couple achieve a fair and balanced final settlement.
If your business is the biggest part of your estate, you know that you cannot afford any mistakes when passing it on to the next generation. This needs to go smoothly. It’s your legacy to your children. You also have to think about your employees and the future of the company. Everyone benefits when the transfer of a business is
We’ve talked before about what it means when you get a Reservation of Rights (ROR) letter from your business insurer, so you know that seeing one in your mail is not good. While not outright denying to cover a claim against you, your insurance company is questioning its obligations. Now, what should you do about it? Here are some tips: Read the entire
Nobody really wants to get involved in litigation — but it happens. You have to protect your interests, whether you’re in business, a property owner, the victim of someone’s negligence or more. When the other party refuses to be reasonable or accept their liability, you have no choice but to move forward with the discovery process in your case. That
Your spouse has an incredible pension plan. They already earn well over $100,000 per year, and they have a pension. They haven’t been saving much else for retirement because they know that the pension is going to kick in. This has given you a very high standard of living and a lot of security regarding your financial future. You don’t
Being able to see your child in person is often the highlight of a parent’s day, especially if they don’t live with you. The desire to see them can often lead parents to do whatever it takes to make the visits happen. Unfortunately, there are sometimes circumstances, such as when the parent has a contagious illness, that the visits might
You may think that when sexual harassment happens in the workplace, it is down to one bad apple amongst the workforce. Yet much of what happens in a workplace is down to the culture built by the employer. Businesses can reduce the chance of sexual harassment by being proactive. Claiming they do not know how to address the issue is
Have you read your insurance policies from start to finish, ensuring that you understand everything in them? Many people give an insurance policy only a cursory glance before deciding everything looks fine and filing it away. When you file a claim, finding the insurance company rejects all or part of your request can be a shock. If the insurance company disputes
You’ve always paid your insurance premium on time, and you expect that, in return, insurance companies will handle your claims reasonably and quickly. After all, that’s the exact service that these companies provide to consumers. Unfortunately, it isn’t necessarily your insurance company that will handle the claim if you get hurt in a car crash caused by someone else. Instead,
“The more you have, the more you stand to lose.” That adage is particularly true when it comes to divorce, and a lot of well-heeled spouses are very aware of the fact that they could lose a significant portion of their assets in a marital split. Consequently, there are companies out there that are perfectly happy to help them hide
Many couples, wealthy and not so wealthy, are taking advantage of the benefits that a solid prenuptial agreement can provide. When completed correctly, a prenup can protect your business, establish in writing your financial rights and preserve your assets. In a high net worth divorce, a prenup is invaluable in helping the couple achieve a fair and balanced final settlement.
