- What Is a Limited Liability Partnership (LLP)?
A partnership is a business structure with more than one owner, where each partner shares in the responsibilities, profits and liabilities of the business. Among partnership options, a limited liability partnership (LLP) stands out by blending features of both traditional partnerships and corporations. An LLP provides enhanced liability protection for its partners, shielding personal assets… read more…
- What is a Limited Partnership (LP)?
A limited partnership (LP) has two kinds of partners: One who does not get involved in daily management and another who is involved in daily management and bears more personal liability. It’s similar to a general partnership but with some… read more…
- How to Retire in France: Costs, Visas and More
Do you dream of spending your retirement drinking Bordeaux and champagne in Paris? Perhaps you want to spend it in a beautiful seaside villa in Biarritz or the ski the Alpine slopes of Chamonix at the base of Mont Blanc? If France… read more…
- Guide to Financial Planning for Retirement
When it comes to retirement, you can’t afford to be unprepared. Having a clear idea of how you want to spend your later years, and how you’ll pay for it, are key to ensuring that you can retire comfortably and… read more…
- When Should I Refinance My Mortgage?
You may have noticed that when we’re in a recession, there tends to be increased consumer interest in mortgage refinancing. You might see or hear advertisements about lower interest rates and how you can lower your monthly mortgage payment. However, there are several factors to take into account when deciding when – or if –… read more…
- What Is a Holographic Will?
A holographic will sounds like something high-tech, but it’s quite the opposite: A will that’s completely written by hand, specifies what property or assets, such as bonds, stocks and fund accounts, are being willed and any circumstances that recipients must meet… read more…
- What Is a General Partnership?
When two or more people join forces to create a for-profit business, the result is a general partnership. A general partnership is an unincorporated business run by two or more people who are known as general partners. Although general partners may… read more…
- What Bank Failure Means (and Why You Shouldn’t Worry)
During times of economic uncertainty, it’s common to question the stability of banks and the overall banking system. After all, your bank plays a vital role in safeguarding your money, ensuring you can pay bills, manage everyday expenses and plan for the future. Concerns about what could happen in the event of a bank failure… read more…
- A Guide to Vanguard Index Funds
An index investing strategy often appeals to investors who are interested in taking a passive approach to the market. While there are many possibilities, Vanguard index funds are among the most popular options for low-cost investing. These funds, which seek… read more…
- What Is a Trust and How Does It Work?
Drafting a will can help ensure your assets are passed on to your heirs according to your wishes when you pass away. But if you have a larger estate, you may consider setting up a trust to manage your assets… read more…
- What Is Deficit Spending?
Deficit spending occurs when the federal government spends more than it collects. This means that the federal budget exceeds both the government’s revenues for the year and any surplus it currently holds. This difference is known as the “deficit,” and in recent years the nation’s annual deficit has ballooned. To cover this deficit, the government… read more…
- The SBA Community Advantage Loan Program
One of the most important functions of the Small Business Administration (SBA) is to help entrepreneurs and small businesses raise funds to open or expand a business. To assist with this, the SBA offers two main types of loans, 7(a) loans and pilot… read more…
- What Is the Federal Reserve Main Street Lending Program?
As the COVID-19 pandemic and accompanying economic crisis continue, people and small businesses are going to be looking for more and more ways to keep themselves afloat during this difficult period. The Federal Reserve has unveiled details about a new program using funds allocated to it by the Coronavirus Aid, Relief and Economic Security (CARES)… read more…
- The Family and Medical Leave Act (FMLA) and Coronavirus
The Family and Medical Leave Act (FMLA) is a 27-year-old federal law designed to protect the jobs of workers who need to take an unpaid leave of absence, for specified reasons, of up to 12 weeks. In March, 2020, Congress passed a law that expands those benefits for workers, provided the reason for taking a leave… read more…
- How Survivorship Periods Work
A survivorship clause in a will or trust stipulates that beneficiaries can only inherit if they live a certain number of days after the person who made the will or trust dies. These clauses aim to avoid situations where your… read more…
- Granting an Early Inheritance With Gifting
Many people are unaware that you don’t have to wait until death to give or receive an inheritance. If you want to start giving to your heirs early, there are several ways you can do so. If you’re considering granting… read more…
- What is a Master of Public Administration (MPA)?
The public-sector equivalent of an MBA, the MPA degree, demonstrates expertise in the executive leadership of government entities. It is a master’s level degree in public affairs. It is designed for individuals who already possess leadership, economic and quantitative analysis… read more…
- How to Use a Pour-Over Will in Estate Planning
When creating an estate plan, a pour-over will be a valuable tool for ensuring that any assets not already placed in a living trust are seamlessly transferred upon your passing. This specialized type of will works alongside a revocable living trust to provide a safety net, capturing any overlooked or newly acquired assets and directing… read more…
- How to Retire in India: Costs, Visas and More
India is known for its vibrant culture of food, architecture and colorful festivals contributing to a millennia-old history. Whether you’re a city dweller, a mountain climber, or a beach bum, India has something for you. All these options, paired with… read more…
- Vermont Inheritance Laws: What You Should Know
Vermont has no inheritance tax but it does have its own estate tax. In this article, we go into detail about that tax, and break down the state’s other inheritance laws: what happens if you die in the state without a valid… read more…
- How to Prepare Your Finances for a Recession
In times of economic uncertainty, understanding how to prepare for a recession can provide a sense of stability and control over your financial future. A recession, characterized by a decline in economic activity, can impact jobs, investments, and overall financial well-being. By taking proactive steps, such as reviewing your budget, building an emergency fund, and… read more…
- How to Retire in the Caribbean: Costs, Visas and More
The Caribbean offers a sunny oasis for retirees. With the laid-back lifestyle, affordable healthcare, and tax incentives, retirees are drawn to the Caribbean islands. But before you throw your winter clothes away and spend your golden years under a palm… read more…
- How to Retire in Nicaragua: Costs, Visas and More
Nicaragua is a small country in Central America that has coasts on both the Pacific Oceans and the Caribbean. The country also boasts mountainous regions and the largest lake in Central America, so the climate and abundance of outdoor activities… read more…
- How to Retire in Malta: Costs, Visas and More
Malta is a small five-island archipelago 100 miles south of Sicily, Italy. This Mediterranean nation and European Union member offers spectacular cities and crystal-clear waters. It’s no wonder retirees are flocking to this destination. But before you move thousands of… read more…
- Venture Capital: What It Is, How to Invest, Pros and Cons
When startups need funding, venture capital is one option they might consider. Getting funding from a VC firm can offer certain advantages to new businesses that may not be able to get approved for traditional loans. Thanks to the rise… read more…