Sheehan & Associates, P.L.C.

September 2019 Archives

Will bankruptcy change my life for the better?

Many people worry that filing for bankruptcy will set them on a course of financial hardship and low credit scores. They may worry that they will never again be able to enjoy the quality of life that they have grown accustomed to. However, in many situations, quite the opposite can be true. Bankruptcy has the sole intention of helping a private individual or business to clear their debts so that they can live a life free of financial hardships.

What are the disadvantages of not making a will?

Making a will and planning your estate effectively takes time and effort. Many people avoid engaging in the practice of planning their estate because they do not want to spend too much time thinking about the inevitability of death. The prospect of death is a morbid topic, but planning your estate does not need to be. In fact, planning your estate can be an uplifting activity because you can plan how your assets will benefit others in the future.

Can I incorporate a business in multiple states?

If you are starting a corporation, you will likely be setting your sights high, and therefore, you may want to do business in multiple states. If you want to start a corporation or a limited liability company (LLC), you cannot incorporate in more than one state. Therefore, you must choose one state to incorporate in, and register in the other states that you do business in.

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Sheehan & Associates, P.L.C.
1460 Walton Blvd , Suite 102
Rochester Hills, MI 48309

Toll Free: 877-600-7891
Phone: 248-218-1473
Fax: 248-650-5368
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