500,000 New Workers Right Now?
That’s the number of new workers the Associated Builders and Contractors (ABC) estimates are needed to keep construction moving—just this year. To overcome the shortage, and thrive for the go forward, it’s critical to attract,…
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Pros and Cons of Revocable Trusts
Revocable trusts, sometimes referred to as “living trusts,” can accomplish a lot, and therefore often play a foundational role in estate plans. Assets placed in revocable trusts by-pass the public process of probate, ensuring expedient…
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Questions for Business Owners
While it’s important for every adult to have an estate plan, those who own businesses need to go even further, integrating personal estate planning with a succession plan that details how a business will move…
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Progress Report: Infrastructure?
The $1.2 trillion Infrastructure Investment and Jobs Act (IIJA) was signed into law in late 2021, committing $550 billion for new initiatives related to roads, bridges, mass transit, water, resilience, and broadband. The five year…
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Get An Edge: Equipment Rental
Although the allure of building a fleet of incredible equipment has always been tantalizing for construction company owners, renting is turning out to be a great strategy for growing a business. This is especially true…
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George Washington Bridge: Progress!
It’s always reassuring to know that public works are progressing, and for New York-New Jersey commuters, it is especially heartening to know that critical rehabilitation work on the George Washington Bridge has successfully reached the…
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Retaining Workers
Sustaining the success of a construction business, despite the competition for skilled workers, means doubling down on efforts to keep your hard-won talent working for you. Frequent turnover is disruptive and expensive, making strategic effort…
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Inheritance: How Much?
Leaving loved ones from the next generation even a little better off is a goal shared by all working parents. Analysis of inheritance trends reveals that most are indeed managing to pass some level of…
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Inheriting A Home–and The Mortgage
When a home with an outstanding mortgage is gifted as part of an estate plan, the debt does not just evaporate upon the death of the owner. Even so, family homes are often the primary…
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