When it comes to hiring employees for a business, most businesses would prefer to hire the most qualified applicants regardless of their age, race, or gender; however, sometimes this isn't preferable. If businesses are at all seen as discriminatory, even if...
Month: March 2017
Charitable Trusts: Important in Estate Planning Purposes
Many families and individuals are familiar with the idea of trusts. Trusts are an important tool in estate planning purposes because they can serve as a way to reduce the value of the estate before the estate tax is calculated. This can help save the heirs a...
When to Use an Irrevocable vs. a Revocable Trust
Many people today understand the importance of estate planning and know that trusts can play a key role when it comes to passing down assets and minimizing the damage of the estate tax; however, there are many different types of trusts that people can use. Two...
Understanding Basic Differences: General and Limited Partnerships
When people set up a business, it is not unusual for business owners to engage in partnerships. This helps to spread the workload, debt, and bring in expertise in different areas to maximize the opportunity for success; however, setting up a business partnership...