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As the owner or executive of a successful small or medium-sized business, you have a lot of responsibilities that demand your attention. It is very easy for busy professionals to procrastinate when it comes to planning for long-term needs, and perhaps the most...
One of the first things to do when you’re starting a new business is to create a business plan. You want to do this if you’re launching the company yourself or if you’re starting a partnership. Creating a comprehensive plan at the beginning drastically increases the...
Well drafted business contracts are crucial to the protection of your interests. They provide clarity regarding your arrangements with another party and make your business agreements enforceable. Typically, just putting your agreement in writing can go a long way in...
Families across Michigan may find themselves facing financial hardship for numerous reasons. Maybe the primary wage earner for the family recently lost their job. Perhaps the parent who always stays home with the children just received a diagnosis of a serious...
Going through probate isn’t something any of us want to do. It is time consuming and costly, and it increases the length of time it takes to distribute your assets. While probate does have some benefits to those working through a loved one’s estate, there are some...
When you think about your retirement and plan for your golden years, you likely envision yourself being healthy and active until your very last days. While that may be an admirable wish, it is far from the reality experienced by many aging adults in Michigan and...
As you age and your family grows, the importance of your estate plan cannot be overstated. Your estate plan is about more than just passing on assets. It is also about making sure that you have the protections you need to ensure the resolution of your personal...
Facing significant debt as a business owner can quickly become overwhelming. While your business may still be making money, you might struggle to pay your creditors or worry about the future of your company. One option you might consider is filing a Chapter 11...
Falling behind on mortgage payments and facing foreclosure is one of the most stressful events families in America face. The potential of losing your family home might be something you never imagined happening to you. Once you face foreclosure, is there anything you...
A limited liability company or limited liability partnership can be a great structure for you to utilize for your business. It allows you to retain a significant amount of control over your operations and share in a greater portion of the business’s profits, all while...