Franchise and multilevel marketing (MLM) businesses are often attractive because they offer people the chance to start a small business with a well-known brand and an established business model. However, these businesses present different types estate planning challenges because their rights and obligations are spelled out in contractual agreements. What Is a Franchise? When you […]
Guardianship, also, referred to as conservatorship in some states, is a legal process, utilized when a person is not able to make or communicate safe or sound decisions about his/her person and/or property or has become susceptible to fraud or undue influence. A guardian is an individual who cares for someone, often a minor child, […]
Setting money aside for your children’s or grandchildren’s college education is a great way to provide for their future, but sometimes there will be an excess. For example, your child may receive a large scholarship and will not need to use all the money you have saved, or your grandchild may choose a trade school […]
According to the National Center for Education Statistics, in the 2018–2019 academic year, the average tuition and fees for a public four-year institution were $9,200; $35,800 for a private nonprofit four-year institution; $3,700 for a public two-year institution; and $18,400 for a private nonprofit two-year institution. If post-secondary education is in your family’s future, there […]
