Choosing a trademark can be an overwhelming task. There are many factors you need to take into account when finding the one that is perfect for your company. Additionally, there are also some highly common mistakes that are often made when trying to settle on this vital business decision. In this article, you will hopefully…
Preparing for the future is something many people like to put off until the last minute, but it’s one of the most important things one can do in their life. For example, the best thing you can do as a parent is make sure your kids are taken care of if something happens to you….
Intellectual property is as important as your business identity. This means protecting your property with a higher standard, including having proper documentation and registration by following the right steps. Those who are proactive with these steps will find that they can own any official documents related to their intellectual property and dictate how the property…
Do I Need a Will or a Trust? Yes! People often wonder, when it comes to estate planning, whether they need a will or a trust. The short answer is that we see this not as an either-or question; rather we recommend having both. There is a significant degree of overlap between a will and…
1. Wills. What is a will? A will, sometimes referred to as Last Will and Testament, is a legal mechanism for passing or distributing property and wealth without consideration (i.e., without anything in return). A will is a set of instructions on how you want your property and wealth distributed. Wills are legal documents with…
Many people are unaware of the need to plan ahead until something happens, and then the reaction is “What am I going to do?” A skilled attorney can sometimes help even in situations like that. Planning for retirement, disability, or death is unpleasant to some, and is frequently avoided. However, for successful retirement planning, you…
I have spoken to many clients and potential clients who simply do not understand what as Special or Supplemental Needs Trust is. These trusts are useful asset preservation and Medicaid planning tools. Special or Supplemental Needs Trusts are a subsection of trusts, created under the strict rules of the Social Security Administration (“SSA”) and applicable…
The Tax Cuts and Jobs Act essentially doubled the basic federal tax exemption amount set by the American Tax Relief Act of 2012 (ATRA). The new law established a $10 million federal tax exemption, indexed for inflation, but only until 2025 if Congress does not extend it. If the law is allowed to expire via…
Insurance companies are built on a simple principle: they take your money, but they are not in a rush to pay you back if you are in need and have a claim. They accomplish the first part of this formula by demanding prompt payments of premiums and threatening that your coverage will lapse or be…
Trusts for Real Property (home, real estate, rental property) Several methods are available to protect your real property (houses, condos, rental and commercial properties) from creditors and adverse court judgments. For example, the properties could be transferred to an existing or newly-created Limited Liability Company (LLC). The organizers (members) of the LLC can still manage…
