As an attorney, I speak to business owners every day about risk. Not about avoiding risk, but rather the importance of entering an unpredictable marketplace prepared for its inherent perils. In my typical conversation about how to start a business intelligently, I speak about three sources of risk: the IRS, the rapacious judgment creditor, and your business partners. Risk #1: […]
When your parents reach an age where they need your assistance with their finances and care, taking on the responsibility of a lifetime of money, investments, and legal documents can be overwhelming. Having helped many people sort out parental finances, I understand just how challenging it can be. The first step is creating a solid plan so you can avoid […]
Did you know that there’s a new power of attorney law in NC? Unless you’re already involved in the legal landscape in some way, probably not—at least until now. Nonetheless, the North Carolina Uniform Power of Attorney Act went into effect on January 1, 2018, and while the new law includes several changes, it all boils down to one important […]
Well, Congress has made it official. The Tax Cuts and Jobs Act narrowly passed the Senate on December 20th, and now it’s on us to deal with some pretty dramatic changes. Despite cries to simplify the tax code—and claims that this tax overhaul would do so—it probably comes as no surprise that the newly amended tax code is about as […]
Bringing a new child into your life is a huge transition whether you are a biological or adoptive parent—and time becomes the most precious commodity. From late night feedings and frequent diaper changes to playtime and snuggling, new parents have a tremendous amount of responsibility as they adjust to the wonderful (yet slightly overwhelming) world of being a mom or […]
