One of the primary decisions you have to make when you are starting a business is what type of business structure you will use. This is determined largely by whether you have any co-owners and whether you are planning on hiring employees. There is also the matter of...

Month: January 2019
Saddled with debt? You probably aren’t as alone as you think
Being broke and saddled with a lot of unpaid debts can be an incredibly lonely experience. More than likely, you see many of your friends and relatives through the filter of their social media accounts. That means that you see what they want to present rather than the...
Areas of divorce for you to consider
There are several points that have to be determined before a divorce can be finalized. While some of these might be present in your case, others might not. In most of these cases, you and your ex can work together to negotiate the terms of each area.The primary...
Student loans and bankruptcy?
You've probably heard it before a few dozen times: Your student loans are not dischargeable in bankruptcy. That's been true ever since 2005 when the Bankruptcy Abuse Prevention and Consumer Protection Act went into action.However, there is an "undue hardship...
Differences exist between bankruptcy chapters
If there ever comes a point in which you realize that you are drowning in debt, you have to figure out what you are going to do about it. You have a few options here. You can ignore the fact that you owe money and continue on with your life, but this might come with...
‘Adulting’ in modern times: Get your digital estate plan in order
Part of being a grown-up is attending to a lot of unpleasant -- but necessary -- tasks. That includes getting your estate plans ready and making a will, designating your executor and heirs, establishing powers of attorney for medical care and finances and maybe even...
Property division matters require carefully planning
When you are trying to divide assets during a divorce, you might come across some significant challenges. These will likely stem around the valuation of assets like retirement and investment portfolios. It is imperative that you have them valuated so that you can use...
How do you rebuild your credit after a bankruptcy?
One of the things that often stops people from filing for bankruptcy protection is the fear that they'll never have credit again.There's no reason to fear. In fact, the path back to good credit may actually start with a Chapter 7 bankruptcy -- not end with it. Here's...
Medical marijuana shops feel legal pinch in Michigan
If you own a medical marijuana dispensary in Michigan that hasn't yet been licensed by the state, you have a tough choice you have to make: Close up shop until you can get through the process or give up on the chance to have a license forever.Up until Dec. 31, the...
Beware of behavior issues in children during divorce
A parent's divorce is a big adjustment for children. Going through a divorce can sometimes lead to kids acting out in uncommon ways. Trying to figure out what is going on and helping kids through their issues can be challenging for parents, but the kids need parental...