When creating a last will and testament (commonly known as a will), one of your most important considerations is who to choose to serve as the executor (also called a personal representative) of your estate. As the name implies, the role of the executor is to execute the instructions that you provide in your will. You may give your chosen …
As a parent, you are responsible for the care of your minor child. In most circumstances, this means getting them up for school, making sure they are fed, and providing for other basic needs. However, what would happen if you and your child’s other parent were unable to care for them? It is important to note that if something were …
How much stuff is too much? Most Americans would probably admit that they own too many things. From clothes to electronics to sports equipment to collectibles, the typical US house is stuffed to the brim with items of questionable utility. On occasion, we may commit to decluttering, only to get overwhelmed or distracted. Meanwhile, the stuff keeps piling up. But …
Many people believe that estate planning is only about planning for their death. But planning for what happens after you die is only one piece of the estate-planning puzzle. It is just as important to plan for what happens if you become unable to manage your own financial or medical affairs while you are alive (in other words, if you …
Comprehensive estate planning involves more than just planning for your legacy after your death, avoiding probate, and reducing taxes. Good estate planning also includes planning for incapacity. An incapacity plan will appoint people to make legal, financial, and medical decisions for you if you are alive but unable to make those decisions for yourself (in other words, if you are …
Death is a personal and private affair that affects the deceased’s close family and friends. However, there is at least one aspect of death that may require state oversight: probate. Probate is the court-supervised process of either (a) carrying out the instructions laid out in the deceased’s will or (b) applying state law to distribute a deceased’s accounts and property …
The first private pension plan in the United States was established in the late 1800s. Through 1980, nearly 40 percent of Americans were covered by traditional employer-funded pensions. But employer-provided retirement plans have now largely shifted to retirement savings vehicles like 401(k) plans and Individual Retirement Accounts (IRAs). These vehicles place most of the savings onus on the employee. Pensions …
The Billable Mom with Cari Rincker, Episode 16 Welcome to The Billable Mom Podcast with attorney and mother Cari Rincker. In each episode, Cari will speak with other Billable Moms about working motherhood and the struggles to juggle it all. Our time is precious, both at work and at home. Cari and her guests will explore time management tips and …
The risk of suffering a data breach has never been higher. Small businesses are three times more likely than larger businesses to be targeted by cybercriminals.[1] The costs of a cyberattack, both in terms of financial and reputational damage, can be devastating to small businesses. Although many business owners are aware of the risks of a cyberattack, they have not …
You have spent years building your business, but at some point, the time will come for you to sell the company and exit. While many business owners choose to keep the company in the family, that is not always realistic. Family members may not have the interest or skills needed to run the business. In such cases, selling the company …
The Billable Mom Podcast with Cari Rincker, Episode 15 Welcome to The Billable Mom Podcast with attorney and mother Cari Rincker. In each episode, Cari will speak with other Billable Moms about working motherhood and the struggles to juggle it all. Our time is precious, both at work and at home. Cari and her guests will explore time management tips …
The Billable Mom Podcast with Cari Rincker, Episode 14 Welcome to The Billable Mom Podcast with attorney and mother Cari Rincker. In each episode, Cari will speak with other Billable Moms about working motherhood and the struggles to juggle it all. Our time is precious, both at work and at home. Cari and her guests will explore time management tips …