Working together is essential to the success of any team. As the saying goes, “[t]here is no “I” in team.” However, there is a “me,” and that is not necessarily a bad thing. Here’s why…. Groupthink sinks ships. It sank the Titanic and it certainly will sink you and those around you if you are […]
Archives for September 2022
Using a Standby Supplemental Needs Trust to Protect Your Loved Ones
We all plan for “just-in-case” scenarios. When packing for our week-long vacation, we throw in a rain jacket even though the weather forecast is sunny—just in case. When planning for the future, it is also important to consider what will happen just in case one of your loved ones becomes disabled. We tend to think […]
Voting Rights in LLCs: Who Has a Voice?
On average, 4 million new businesses are started each year in the United States. Many of those businesses are organized as limited liability companies (LLCs). Combining the benefits of a corporation and a partnership, an LLC protects its members’ personal assets from business liabilities, avoids double taxation, and provides flexibility regarding its operations, management, and […]
How a Traffic Ticket Can Impact Your Estate
Getting a traffic ticket is never fun, but usually the irritation of it is relatively short-lived if it is taken care of promptly. If you have recently received a ticket, you may have the following questions about it. What does it mean? When you receive and sign a traffic ticket, you are agreeing to either […]