How Long Can Family Wealth Last

How Long Can Family Wealth Last?

Protecting existing assets, such as money, a business, properties, and stock market investments is an important way to ensure your wealth is passed down to future generations. With proper financial planning, heirs will benefit from the hard work and fiscal responsibility you practiced in your lifetime. Along with affording a comfortable lifestyle or status, wealth you leave to your children and grandchildren can increase their ability to be successful through […]

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Estate Planning During The Pandemic

Estate Planning Becomes Even More Important During a Pandemic

The U.S. is seeing a steady growth of coronavirus cases as well as explosive increases in deaths. California just became the first state to add more than 30,000 new cases in one day, with Los Angeles County setting a record on December 10th with 12,600 new cases. The COVID pandemic reported in February 2020 will still be with us as we head into 2021. Even though there is hope on […]

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Is it Time to Sell Your Business and Retire?

Is it Time to Sell Your Business and Retire?

If you are like many small business owners, selling your business goes hand in hand with planning for retirement. For some selling their business and using the proceeds to retire comfortably is their only retirement plan. Even among business owners who have funded a traditional retirement savings plan, the majority of their personal wealth remains tied up in their business.  There are multiple factors to take into consideration when you’re ready […]

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What do to if a frivoulous lawsuit has been filed against you

Can You Defer a Frivolous Lawsuit Filed Against You

No one wants to be served with a lawsuit, especially in situations in which the case has no legal merit. While the majority of lawsuits filed in the U.S. involve legitimate claims, there are always frivolous lawsuits filed that have no basis in law or fact. Many wealthy individuals fail to address the threat to their personal wealth that can result from a frivolous lawsuit. Their higher profiles, combined with […]

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The Importance of Wealth Planning for Women Over 50

The Importance of Wealth Planning for Women Over 50

Women in their 50’s and 60’s who find themselves newly single due to divorce or the death of a spouse may run into some unique challenges when it comes to wealth planning and making the transition to financial independence. Facing retirement as a single person probably requires some strategy modifications. In fact, even before making the decision to retire, you will likely need to reconsider what to plan for and […]

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Ultra Rich Estate Planning Secrets

Ultra High Net Worth Estate Planning Secrets

Affluent individuals have the same fears as those living at other income levels: outliving their assets, the volatility of the stock market, and the possibility of becoming a burden to their children as they grow older. And, many individuals may not have set aside enough funds for future medical care. High net worth individuals have any number of financial vehicles at their disposal to protect their personal wealth. Such as […]

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Is Kidnap Insurance for you?

Is Kidnap Insurance for you?

Unfortunately, kidnapping for ransom incidents have been on the rise, globally. The kidnapping of foreign travelers is prevalent in places where there is extreme poverty and in places where there is a prevalence of guerrilla and drug cartel activities. It can be a very profitable business for the perpetrators.  Kidnappings for ransom continue to be a concern for foreigners traveling overseas for business.  According to Risk & Insurance magazine, the […]

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5 Estate Planning Tips for Widows

5 Estate Planning Tips for Widows

Facing life without your husband can at times create new challenges which can lead to anxiety, stress, and fear, especially when it comes to making long-term decisions. Overnight, decisions that were once made jointly become a task you must face on your own. While it’s important for most people to have an estate plan, for a widowed wife, it becomes even more critical. A  time to start paying attention to […]

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Why Business Owners are Targets of Lawsuits

Why Business Owners are Targets of Lawsuits

Excessive litigation in the U.S. has created significant costs for business owners, workers, and consumers as well as the overall economy. According to the National Federation of Independent Businesses (NFIB), frivolous lawsuits filed against business owners have created a climate of fear for small businesses in the U.S. While some claims have merit, the majority do not. Unfortunately, these types of lawsuits are a growing problem for all companies, but […]

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How to protect business assets when employees work from home

How to Protect Business Assets when Employees Work from Home

As a result of the COVID-19 pandemic, many businesses found themselves making the transition to a working from home environment for the very first time. And, some businesses are considering closing offices for good, opting for employees to WFH (Work From Home) as a cost-saving measure. The problem with shifting to a remote work environment was that many businesses did not have the technical infrastructure in place essential to supporting […]

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