The Top Two Reasons to Avoid Probate

When putting together your estate plan, a common goal for individuals across the country is avoiding probate. Simply recognizing this phenomenon is not enough to understand the multiple reasons why a person might choose to make things easier on their heirs and beneficiaries using estate planning tools that avoid probate. The first reason to avoid probate is that can take weeks or even months or longer to pay out the assets linked to the deceased individual. During this time, family members might be managing payments for utilities, taxes, storage fees, attorneys, and the funeral itself. Avoiding the probate process empowers family members to access assets right away. The second major reason that many people wish to avoid probate process is... Read More

What Are the Benefits of an S Corporation?

When you are in the process of forming your business, there are many important questions you need to consider with regard to the structure you will select for your new company. Many business owners make the mistake of assuming that planning for and structuring a new company will be too time-consuming or costly, but this is not true. Furthermore, there are many advantages associated with choosing a business formation structure that meets your needs and supports your goals. One of the most important advantages of an S Corporation is the assets are protected. Other than situations where a shareholder personally signs for or makes an express personal guarantee, or where personal services are involved, shareholders are not generally personally responsible... Read More

How Should I Interact With the Insurance Company After an Auto Accident?

If you have recently been in an auto accident, you may experience some anxiety and have a full list of unanswered questions. Initially you will need to make sure that a claim is set up with your own insurance company for payment of your medical bills, and that a claim is filed with the insurance company for the at-fault driver who is responsible for causing the accident. The at-fault driver may be the driver of your car or the driver or another vehicle. Here are some tips on how you should interact with the insurance companies once you file your claim. Be Truthful When your claim is filed and you are ask to give a statement, you should always be... Read More

Three Mistakes Criminal Defendants Make That Can Hurt Their Criminal Defense

When you are charged with a crime or criminal offense, it is easy to become confused and make mistakes. The first thing you should do is hire a criminal defense attorney to represent you in court. Here are three mistakes that defendants make that can hurt their criminal defense. Talking to the Police Many times the police will tell you that you might as well come clean and that telling them the whole truth will make it easier on you in the long run. While it might seem like a good idea to talk with the police in hopes that it will help your case, in reality it likely will only make the situation worse and could cause your immediate... Read More

Will Versus Trust: Which One Do I Need?

You have worked hard your entire life and you have tried to save as much as possible. It is perfectly normal at this stage in your life for you to be worried about such things as wills, trusts, and probate. Deciding whether a will or a trust is best for you comes down to knowing enough about them to make an informed decision. Your best bet is to hire a well-educated estate, trust and probate lawyer to discuss with you the basics of wills, trusts, and probate. What is a Will? A will is a document that sets out in a written instrument how and when your estate is to be distributed after your death and to whom, and in... Read More