By it’s very nature, creating—and periodically updating, an estate plan requires us to involve others. Importantly, for example, when young children are involved, a guardian must be designated. Wills rely on personal representatives, typically… Read Moreabout Estate Plans: It Takes a Village
When Microsoft co-founder, Paul G. Allen died in 2018, his net worth was estimated at $20.3 billion. His sister Jody Allen has had the big role of executing his estate in line with his… Read Moreabout Executing Paul Allen’s Estate
Mortgages, credit card bills and car loans are among the types of debt left behind upon the death of a loved one. What happens to these debts? Can the burden of payment be passed on… Read Moreabout Inheriting Debt?
Of course it’s not surprising for anyone in the industry to learn that the annual workforce survey by the Associated General Contractors of America reveals “painful labor shortages” in just about every aspect of construction…. Read Moreabout Painful Labor Shortages
Forecasters point out that small construction firms have good reason to be opportunistic in steering their businesses forward. In fact, many small businesses had strong growth in 2021, despite unprecedented challenges. Looking toward normalcy,… Read Moreabout Small Businesses: Feeling Opportunistic?
Amidst the many challenges of finding and retaining skilled workers in construction, one of the most key investments is in a strong project manager. Industry experts point out the value of great project management—and… Read Moreabout Key Investment: Project Management
There are some signs that price pressures are easing, but materials and labor remain big challenges for builders. Can you pass on rising costs to customers? Finance experts say doing so might be worth… Read Moreabout Inflation Hacks for Contractors
Though a painful decision, parents can choose to leave a child out of the will. There is no law saying parents must leave assets to children—or divide their assets evenly among children. Estate planning… Read Moreabout Disinheritance?
Estate planning experts say that although adding a loved one to a bank account may seem like an efficient way to pass the associated assets forward when we die, doing so can actually lead… Read Moreabout Joint Account? Cautionary Advice