As a property owner renting to others, you run a business. As such, you have the option to form various business entities. One of those is a limited liability company. If you do nothing, the state and the law considers you a sole proprietorship, which means you and...
Month: June 2021
Why is time important for an executor?
As you choose someone to be the executor of your estate, you probably are thinking of the various qualities your pick should have. People want their executors to be loyal, ready to carry out their wishes, and also capable of handling the tasks of the position. In...
What should I know about a qualified income trust?
If you anticipate that someday you or a family member will need coverage for costs such as nursing home expenses, you should take a look at your income. You may not earn enough to pay for your long term care but your income is too high to qualify for Medicaid. This...
