by Emily Knoll | Feb 6, 2023 | Business, Tax Planning
Once you have established a tax-exempt organization (or nonprofit), there are ongoing administrative and reporting requirements. An attorney well versed in tax-exempt status can advise you regarding how to ensure you are running your organization properly, as, failing...
by Emily Knoll | Feb 1, 2023 | Life
No one wants to draft a will or trust leaving assets to beneficiaries only to have one of them sue the estate or trust. Unfortunately, there is no surefire way to prevent someone from contesting a will or trust, but a no-contest clause can minimize the risk of...
by Emily Knoll | Jan 23, 2023 | Medicaid
If you or a loved one needs long-term care coverage, Medicaid is one possible way to pay for that care. However, there are two parts to qualifying for Medicaid coverage. First, you must meet certain financial requirements that establish how much income and assets you...
by Emily Knoll | Jan 19, 2023 | Medicaid
Media coverage about the high cost of long-term care has prompted many people to think about how they would pay for care if they or a loved one needed it. Unfortunately, most individuals wait too long to plan and while some last-minute planning can be done, waiting...
by Emily Knoll | Jan 17, 2023 | Litigation
A closely held corporation is a private corporation with typically five or less owners (shareholders). There are millions of such businesses in the U.S. and many face unique challenges because of their size. One of those challenges is the potential for internal...