Monthly Archives: November 2023
When an Estate Plan Conflicts with an LLC’s Operating Agreement, Which Wins?
If you have a business, and particularly an LLC, that LLC is probably governed by what is known as an operating agreement. The operating agreement is the guidebook for your LLC—it details everything about the rules, operation and management of your LLC. It also usually states, how the LLC will pass on, should you… Read More »
As of 2021 It Became Easier to Have a Home-Based Business
In the COVID shutdowns of 2020, many people transitioned their business, to start running things from home. Or, having been laid off of work, many decided to start their own home based businesses. But a lot of business owners ran into one similar problem: Many local zoning ordinances prohibited home based businesses: if you… Read More »
Personal Injury Cases as Probate Assets: How Do They Work?
Of all the assets and property that you may think of when thinking of property that is part of someone’s estate, there is one asset that often is overlooked—personal injury claims. Often, people pass away after they are injured, or even while a personal injury claim is pending in court. A Big Dilemma The… Read More »
1031 Exchanges Can Help You Flip Real Estate
So you have it figured out: you’re going to make money flipping real estate. Buy, fix up, and sell for a profit. All of the profit that you make off one deal, you roll over into the other. Except you can’t roll everything you make in one deal into another. That’s because all of… Read More »
