Read this before you sign on the dotted line of a commercial lease Finding the right space for your business can be tough. You may have conducted a technical feasibility study to assist you in your search, or at the very least compiled an extensive list of essential features. You’ve had to think about location,…
This Partnership Agreement Will Become the Cornerstone of Your New Enterprise Starting a new business can be an exciting time, but one of the most important steps in forming a partnership should never be rushed. The partnership agreement will become the cornerstone of your new enterprise and needs to both define everyone’s roles and responsibilities…
Property owners should educate themselves on how to protect their property. Instinctively, the ominous name “adverse possession” signifies an aggressive and problematic situation a landowner should try and steer clear of. It is. Adverse possession is a legal doctrine which allows a trespasser to gain legal title to land based on meeting certain criteria. Most…
Passing Down Family Values from Generation to Generation Most of us want to make a mark in the world. That’s a big part of what gives our lives meaning. And whether or not we have children, our history and stories can be a unique and irreplaceable gift to our families. With just a little effort,…
Work-Life Balance: A Personal Perspective Pick up the latest copy of just about any business magazine, and you’re likely to find at least one article on work-life balance. Employers all over the country are talking about how to retain employees, particularly millennials, by enhancing work-life balance. But the conversation really can’t stop or start with…
Why You Should Write Your Life Story How often do you wish you knew more about your family? When we’re young, we don’t necessarily pay attention to the stories our elders tell us. Later in life, we often become interested in knowing who and where we come from. We want to learn more about what…
For instance, Queen Latifah Cares for Her Aging Parents We may not think about it often, but even celebrities take care of their aging parents. Actress, singer, and songwriter Queen Latifah plays an active role in caring for her mother, Rita Owens, who was diagnosed with heart failure more than 10 years ago. Owens learned…
Signing Up for Medicare: The Facts For You or Your Parents Nearing Age 65 People who are nearing the age of 65 should be making plans for the transition from private health care to Medicare. It is not a simple process or one that happens automatically. You have to initiate the enrollment process at a…
Grow Through Failure—A Gift That Keeps On Giving Laws and rules are created within organized societies to regulate interaction and protect citizens. A classic example is the American system of traffic laws. They are designed to promote consistent traffic flow while reducing accidents. When everyone understands how a four-way stop works, expectations follow. We learn…
When Is It Worth It? Elder Care is emerging as a significant issue for many people as life spans continue to increase. It is nice to know that because of health care advances, we can expect to live longer, but there are no included guarantees on the quality of life in the later years. Many…
Support Your Child’s Ultimate Success If you are like most parents, your primary objective is to support your children to be prepared to handle the pressures of adulthood. If you have wondered what the most important thing you can do to support your child now, this article has your answers and it may not be…
Donate Empty Pill Bottles to Help Others When we pick up our prescriptions, we take the containers for granted. By contrast, in many countries medical care is very difficult to come by. It is expensive, and not many qualified medical providers work in impoverished communities. In developing countries, medicines when actually obtainable are often dispensed…
5 Valuable Traits Children Can Learn from Working Parents Those of us who work sometimes feel that we are doing our children a disservice. Sure, we bring home a paycheck that benefits our children, but we may miss their activities and other aspects of their daily lives. This can be especially true in two-earner families….
Are You Leaving Your Retirement Account at Risk Due to Poor Planning? You’ve spent your entire life building up your retirement account. It may even be the biggest asset you’ll leave behind for the people you love. If that’s the case, you may want to consider creating a special trust designed specifically to receive your…
Going into business for yourself means learning about a lot of things, and not all of them are necessarily fun. Take taxes, for example. Unless you’re an accountant, dealing with the tax issues that come with your business is probably not your favorite task. But once you get the hang of it, it really isn’t…
Partnerships and LLCs, Take Heed of New Tax Law Beginning with tax year 2018, all partnerships and limited liability companies (LLCs) taxed as partnerships will be affected by a new federal tax audit law. In 2015, the Bipartisan Budget Act repealed the earlier audit system, known as TEFRA, and replaced it with entirely new taxation…
There are other ways to resolve problems?. You’ve been wronged. It’s highly emotional. For some people, an immediate reaction is to consider filing suit. Suing will get your money or your property back. Suing will get the justice you deserve. After all, no one should be able to take advantage of another person and get…
Many of us like to fantasize about winning the lottery. We muse with our friends about how we might spend the money, and we dream about never wanting for anything ever again. The odds are against us, of course, at least as far as the lottery goes. But that doesn’t mean – at some point…
The Downfall of Sports Authority Just last month, the nation’s former largest retailer of sports apparel and equipment, Sports Authority, filed for Chapter 11 bankruptcy protection. What can small business owners learn from Sports Authority’s failed business plan? After all, if the retail giant that owns the naming rights for Denver’s Mile High Stadium can’t…
Is it time to have “the talk” with your kids? We’re not talking about a “birds and bees” talk but one that is equally important, perhaps more so. Specifically, we’re talking about discussing your estate plan with your family. Discussing Your Estate Plan Everyone has concerns about what will happen when they die. Some people…
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