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These days, a lot of people are looking for ways to shield their assets from taxation. One way you might consider is by setting up a charitable remainder trust. This type of trust can provide up to 20 years of guaranteed income for you or a loved one, and then the...
Chapter 11 bankruptcy allows businesses to reorganize, shed excess debt and restart operations from a more favorable ground. It also arranges for the payment of some debts to creditors in an orderly, hierarchical fashion. The creditors with the strongest claims get...
You want to either sell or buy commercial real estate in the Metroplex. Before you strike a deal with the other party, do you know what to include or look for in the contract? It's important to understand the essentials of protecting yourself and your investment with...
President Joe Biden campaigned on a promise of limiting the use of noncompete agreements, at least for low-level workers. That was a stretch goal, as noncompete agreements have traditionally been regulated by the states, not the federal government. Nevertheless, last...
During the pandemic period, much of the commercial real estate market dropped through the floor. We’re still seeing the effects, with empty storefronts and disputes over leases. Things are heating up. Supply and demand being what they are, this could be a great time...
When we think of estate planning, we most often think of our physical assets – the family home, vacation properties, investment accounts, retirement savings and valuable heirlooms, for example. Increasingly, however, a lot of what we truly value is located online. In...
With the Biden administration promising to raise taxes on the wealthy, many people of means are concerned that they or their families could end up paying more. Although President Biden refers to the target of his tax hike as “billionaires,” the tax bill could affect...
Recently, the nonprofit newsroom ProPublica reported on how billionaire Peter Thiel, co-founder of PayPal and all-around tech investor, started with a Roth IRA worth $2,000 and built it into a $5 billion tax-free retirement account over the course of 20 years. Other...
Blame the sudden uptick in consumer demand during the pandemic. Blame “just in time delivery.” Call it the “bullwhip effect” – a small flick of the wrist creates a large amount of movement on the other end. Supply chains are off, and that’s creating havoc throughout...
If you’re starting a business these days, you’re going to need a robust website. Due to the pandemic, a great deal of the U.S. economy has gone online, and people may not be willing to work with you if you don’t have a website. What else do you need for a startup to...