Business valuation is an important part of estate planning for business owners. Knowing the value of a business helps ensure that it gets properly distributed and taxed during the estate settlement. Understanding valuation methods can make this complex process more...
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Common reasons for Social Security Disability application denials
Applying for Social Security Disability (SSD) benefits can be a complex process. Many initial applications get denied, which can be frustrating. Understanding the common reasons for these denials might help you avoid mistakes and improve your chances of approval....
How to negotiate the purchase price with estate executors
When purchasing a home or land, negotiating the purchase price of a deceased person's estate can be a sensitive and complex process. The executor of the estate, responsible for managing the deceased's assets, holds a significant role. Knowing how to approach these...
Balancing family dynamics in business succession planning
In family-owned businesses, the transition of leadership from one generation to the next is an important process that requires delicate handling. Balancing the needs, expectations and aspirations of various family members impacts a family business's succession plan....
4 reasons to not take the first accident settlement offer
Following a motor vehicle accident that results in injuries, it is common for the at-fault party's insurance company to offer you a settlement. While the initial offer may seem tempting, there are several reasons to resist the urge to accept it without careful...
Who may perform a consultative examination on you?
Providing strong evidence to the Social Security Administration could make the difference when you apply for disability benefits. If the SSA is not convinced you have a qualifying disability, you will need to take extra steps to make your case, such as going through a...
Common injuries caused by slip and fall accidents
Slip and fall accidents are common occurrences and can result from walking on snow, ice and other slick conditions. Sometimes, the owner of a property is at fault for the accident if the fall is due to the owner failing to properly maintain their floors, sidewalks or...
How a living trust can help you protect your business
As a business owner, you work hard to build up your company and should strive to protect it in both the near term and the long term. A strong estate planning strategy helps you accomplish just that, while also ensuring that your business continues to be a source of...
Selling real estate with a lien
An outstanding lien on a property can prevent you from selling. If you intend to sell a home with an existing lien, there are some key elements to consider first. You should review the lien with a real estate lawyer to clarify the terms before listing your home. There...
4 things to do after a motor vehicle accident
Accidents are loud, scary and often violent. They can cause costly injuries that require long recovery times, causing you to miss work. Because you cannot prepare for an accident, it is important to know what to do in the moments following the crash. 1. Check for...