What is estate planning and why is it important?

Estate planning is the process of managing an individual’s estate or asset base during his/her life and after death. It includes preserving, arranging, and distributing your estate to whom you want to receive them in the event of your incapacitation or death. Estate planning involves the settlement of estate taxes, expenses, and financial obligations to …

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Family Law

If you are getting a divorce, it is important that you understand some of the peculiarities of divorce and family law courts. Below we have some information about family law and some tips to help you be informed on how the courts work and how you can make the process easier. What is Family Law? …

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Tax Planning with AB Trusts

American founding father Benjamin Franklin famously wrote, “in this world nothing can be certain, except death and taxes.” If you are a law abiding citizen, taxes follow you wherever you go. From the sales tax at your favorite department store, to income, social security and Medicare taxes, every dollar you make or spend will be …

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Some Tips to Completing a Successful Merger and Acquisition

“Mergers and acquisitions” is an umbrella term that refers to the process of one company either merging with or purchasing and acquiring another company. Mergers and acquisitions are some of the most stressful and complicated business maneuvers there are. There are a number of different financial, legal and personal things to consider and the process …

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The Role of a Bankruptcy Trustee in Chapter 7 Bankruptcy

A chapter 7 bankruptcy proceeding is a complicated and dynamic legal proceeding. There are many moving pieces. There are creditors, assets, bankruptcy trustees, liquidations, exemptions and a lot of other terms and rules that the average person entering chapter 7 bankruptcy is not familiar with. Add the stress that naturally comes with a bankruptcy to …

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Chapter 11 Bankruptcy Tips

Making the decision to file for bankruptcy is not easy one and is often made under stressful circumstances. The daily calls from creditors and collection agencies, the threats and scare tactics and the uncertainty of being unable to pay down your debts and how that effects your financial future are all cause for a great …

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What is a Trust Fund?

Trust funds have the reputation of being a financial planning and asset protection strategy that only the super-rich take advantage of. There is a misconception that a trust fund and the protection it ensures is beyond the need and means of the average worker, business owner or investor. This is simply not true. Trust funds …

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