Category Archives: Life Planning

Where should I incorporate? (Part 1)

Where should I incorporate?

This is a question that I am often asked, and although we can explore the legal issues as to where you should incorporate, there are non-legal issues to consider as well.  People often hear advertising focusing on “Incorporate here, it is tax free!”  The problem with the advertising is people don’t really understand how things work, and that will end up just costing more money when their only focus is to save money, and that just leaves people feeling ripped off.

 

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Continue reading Where should I incorporate? (Part 1)

Do I need to update my estate plan if I am moving?

There are many things that can cause someone to move, and depending on the reasons, the method, or other decisions, it may be appropriate to update a trust or a will.  Some of the reasons for moving, may be a reason to review, for example, is the move because of a change in marital status (marriage/divorce)?  Is the move because you’re having another baby and need more room?  Is the move because you were just hired in a fantastic new job?  Were you just recruited to play on a professional sports team?  Did you just win the lotto?  Continue reading Do I need to update my estate plan if I am moving?