When you operate a business, it is critical that you choose the right business structure. This decision will have significant consequences on the future success of your company. In general, the type of structure will affect the way you operate on a daily basis and both your tax and personal liability. Many business owners opt for an LLC as a compromise between the two other common designations. See why this can be a benefit or disadvantage depending on your circumstances.
Situations can arise where one parent wants to put a child up for adoption without the other's consent. In one particular scenario, an unwed mother may consider doing so for a wide variety of reasons. The father of the child may object to this, but is unsure whether he has any rights in the process. This is a complex situation that likely requires the help of a custody lawyer. However, there are some general guidelines for fathers in this situation. Learn what type of parental rights may be maintained by a biological father in the face of adoption.
Some people choose to hold real estate in a trust instead of keeping it as a personal asset. In fact, there are many good reasons to make this decision. When you purchase (or subsequently transfer) real estate using a trust, you can maintain anonymity and avoid death taxes as well as probate. Property might also be held in a trust if there is more than one owner. Whatever the reason, it is important to know how to transfer such property when the settlor passes away. Learn how to comply with the requirements of estate law to get the property into the beneficiary's name.