When someone (a “settlor) establishes a trust, one of the things that they will have to decide on is who will serve as its trustee. Since the trustee will be the one overseeing the trust and being responsible for its beneficiaries, it’s important that he or she is someone who may have good legal knowledge, […]
When you are looking to start a new business, there are many things to consider. The first thing you’ll need to decide is what type of business entity you wish to form. You can choose to form a formal business entity such as a corporation, limited liability company (LLC), or a partnership. Those who choose […]
Many parents wish to leave assets to their children. One common way of doing so is through the creation of a Trust. Another is to do so outright. Doing so outright means that your assets will be distributed to your kids now. Receiving your assets in a Trust means that the assets you wish to […]
Probate is a legal process during which a court will look at a decedent’s estate and how his or her assets are to be distributed. During probate the court will look to validate a will (if there is one), and will also appoint an executor or, an administrator if there is no will. This appointed […]
Many people are concerned about the impact that their own actions are having on our environment and are looking for ways to be more environmentally conscious. For some people this even includes what to do with their body when they pass away. Burial solutions that are gaining a lot of traction are green burials, commonly […]
When you’re forming a limited liability company (LLC), you can choose to do so in any state. So, why do so many businesses choose to do so in Delaware – even when they don’t reside there? The short answer is because of the benefits. Here are some of the reasons why you may want to […]
It may seem a bit strange, but it’s important to note that estate planning doesn’t actually require an estate. There are many important “estate planning” documents that aren’t about how much money or property you have. For this reason, everyone over the age of 18 should begin to establish an estate plan. When your child […]
Starting a small business can be an exciting, yet terrifying, experience. You are responsible for finding everything from a location for the business, to funding it, to establishing the proper suppliers, and more. But among all of this excitement, the last thing you want to do is make a legal mistake that can greatly disrupt […]
When you lose a loved one, it can be difficult knowing all of the things to take care of after their passing. There may be accounts to close, final bills to pay, and funeral arrangements to make. But one thing most people don’t think about is what to do with any prescription medication that they […]
You can’t always help who you fall in love with. And while most people end up with a partner who is 2-4 years older or younger, some people fall in love with those much older or younger than themselves. Every relationship is different and some relationships just work – age gap or not. A difference […]
