Sole proprietorships are a common type of business. For sole proprietorships, the business owner and the business are the same legal entity. The bu...
Category: Assets
Complete a Complete Estate Plan
When it comes to planning, the focus is typically on making you better prepared for the future. That means limiting taxes, creating wiser investment strategies, knowing when it’s best to claim Social Security and developing sustainable retirement income plans. All of these help you on the path to your financial future and your long-term goals. But The Brainerd (MN) Dispatch reports ...
A Few Words of Advice for Getting Married in Your Golden Years
If you're in your senior years, you may want to think twice before tying the knot. The love bug can bite at any age, and that can include pain in your wallet. This advice comes from The Hartford (CT) Courant in its recent article “Fit to Be Tied? Think Twic...
How Not to Do It: Spending the Inheritance on Royal Souvenirs and Strippers
For the Scripps family, who were heirs to a media fortune, they simply spent their millions. According to an article on CNBC.com, “The Greed Report: Not a billionaire? You still need an estate plan,” they took luxury cruises around the world and family outings ...