Estate planning increasingly involves the establishment of a trust, which is a practical way to designate funds for our own needs and for beneficiaries, including children or those with special needs. Trusts allow for… Read Moreabout What Is a Trust?
Probate is the legal, public process that brings closure to our affairs when we die. Probate protocols vary by state, and at some point, most families will navigate the appropriate proceedings upon the death… Read Moreabout Probate Complications
Industry experts point out that specialty contractors are taking a big risk: if the market for their specific skillset declines, they are without alternative revenue streams. Strategic diversification through services that complement your primary… Read Moreabout Specialize vs Diversify?
Every owner wants expansion and growth, but with economists forecasting that there could be a construction recession on the 6-18 month horizon, it’s best to be on our toes. Many builders were caught off… Read Moreabout Lessons Learned: Recession?
Trusts can play a variety of roles in our estate plans, since they can be specifically set up to attend to particular life circumstances. For example, a retirement plan trust shields the principal of… Read Moreabout Retirement Plan Trusts Explained
When a loved one dies without a will, courts may appoint a temporary administrator to take responsibility for fiduciary functions. This ensures that pressing affairs of the estate, like securing a property, are addressed… Read Moreabout Temporary Administrator?
When portland cement is in short supply, concrete contractors find their project commitments at risk, as pour schedules are disrupted and concrete is rationed. Industry pros suggest now’s the time to try out new… Read Moreabout Cementing Your Next Contract?
With the costs of labor and materials running high, builders find themselves in disputes over who takes the hit on cost increases. Conflicts between general and subcontractors and owners are running high—even ending in… Read Moreabout Avoid Disputes: Exclusion Clauses
Milestone billing processes are an important way for contractors to manage invoice and payment cycles, ensuring cash flow. Current disruptions make nimble, milestone billing even more important then ever, though absorbing the revenue recognition… Read Moreabout Revenue Management
