Blog Posts in August, 2016
Posted on Aug 31, 2016 By The Dorcey Law Firm, PLC
Here are six shortsighted financial moves that could permanently derail your retirement plans: Tapping into an IRA early. While you may be tempted to break into your IRA to pay down debt, you are ...
Continue reading "6 Shortsighted Financial Moves That Can Impact Retirement" »
Posted on Aug 30, 2016 By The Dorcey Law Firm, PLC
Making the decision to sell your business is often very difficult, but that is just the beginning. When the purchaser begins the due diligence process, it can be pretty stressful. The buyer will want ...
Continue reading "Preparation Tips for the Sale of a Business" »
Posted on Aug 29, 2016 By The Dorcey Law Firm, PLC
Many parents believe that by adding a child’s name to a property deed, they can pass along the property outside of probate. And those who act on that belief often find they have invited more ...
Continue reading "How Estate Planning Can Help You Protect Your Real Estate Investments" »
Posted on Aug 26, 2016 By The Dorcey Law Firm, PLC
Estate planning is an area of the law that has many misunderstandings surrounding it. Unfortunately, some of these pieces of misinformation are what prevents people from establishing the comprehensive ...
Continue reading "Facts & Fiction About Estate Planning" »
Posted on Aug 25, 2016 By The Dorcey Law Firm, PLC
One of the most valuable assets owned by a business is the concept or idea that sets them apart from their competitors. Whether it is a new product or a unique service, it can be worth a small ...
Continue reading "Protecting Trade Secrets with Non-Disclosure Agreements" »
Posted on Aug 24, 2016 By The Dorcey Law Firm, PLC
Leaving your family in the best possible financial shape is a primary goal of Florida estate planning; here are some steps you can take now to achieve this: 1. Make a will. By creating a will, you ...
Continue reading "How to Plan for the Financial Security of Your Family" »
Posted on Aug 23, 2016 By The Dorcey Law Firm, PLC
More than half of small business startups in the last 10 years have been home-based, according to the Small Business Administration. Whether you are contemplating setting up shop at home as a ...
Continue reading "Legal Guidelines for Starting a Business at Home" »
Posted on Aug 22, 2016 By The Dorcey Law Firm, PLC
According to the National Adult Protective Services Association, at least one in 20 Americans over the age of 60 has experienced some form of financial abuse. NAPSA also notes that this number is very ...
Continue reading "6 Tips for Seniors to Avoid Financial Abuse" »
Posted on Aug 19, 2016 By The Dorcey Law Firm, PLC
A common estate planning mistake many people make is not funding the trust you have created. If you do not transfer your assets into your trust, it is an empty shell and does nothing to accomplish the ...
Continue reading "Shield Assets from Probate by Funding Your Trust Properly" »
Posted on Aug 17, 2016 By The Dorcey Law Firm, PLC
Current research shows that only about half of Americans have a will, and probably less than that have changed their wills when certain life circumstances dictate that a change is in order. There are ...
Continue reading "7 Good Reasons to Change Your Will" »
Posted on Aug 15, 2016 By The Dorcey Law Firm, PLC
Here are five things you need to know before you name your beneficiaries: 1. Beneficiaries of a will have to wait. Any assets you give to a beneficiary via a traditional will have to wait for their ...
Continue reading "5 Considerations When Naming Beneficiaries of Your Estate" »
Posted on Aug 12, 2016 By The Dorcey Law Firm, PLC
1. Your estate plan only works if your assets are owned properly. If you have acquired new assets (or sold assets you had at the time you made your plan) or took on new insurance policies since your ...
Continue reading "Estate Plan Review Checklist: 10 Things to Go Over with Your Attorney" »
Posted on Aug 10, 2016 By The Dorcey Law Firm, PLC
Many parents and grandparents make personal loans to financially strapped children or grandchildren to help them cope with unemployment or other financial misfortune. However, family loans need to be ...
Continue reading "Guidelines for Making a Family Loan" »
Posted on Aug 9, 2016 By The Dorcey Law Firm, PLC
If you have just been named trustee of a trust by a friend or family member, you have a solemn legal responsibility to carry out all the rules of the trust. Here are 10 tips to guide you in your ...
Continue reading "10 Tips for Newly Appointed Trustees" »
Posted on Aug 8, 2016 By The Dorcey Law Firm, PLC
Women outlive men, make less during their careers and have less in savings due to pay discrepancies and time taken out of the workforce to raise their families. These are just a few reasons why it is ...
Continue reading "Estate Planning Guidelines for Women" »
Posted on Aug 5, 2016 By The Dorcey Law Firm, PLC
One of the most prevalent misconceptions when it comes to estate planning is that if you have a will, it will take care of everything that needs to happen after you die in terms of your assets. But ...
Continue reading "4 Reasons You Need More Than a Will" »
Posted on Aug 4, 2016 By The Dorcey Law Firm, PLC
Whether your main focus is protecting your assets, ensuring you are cared for in the event of incapacitation, protecting your minor children, or securing your estate for the loved ones you leave ...
Continue reading "The 4 Legal Documents You Need to Protect Your Family" »
Posted on Aug 3, 2016 By The Dorcey Law Firm, PLC
According to the Alzheimer’s Association, someone in the U.S. is diagnosed with Alzheimer’s every 67 seconds and more than five million Americans are living with the disease. In addition, ...
Continue reading "7 Tips for Dealing with a Parent's Dementia Diagnosis" »
Posted on Aug 2, 2016 By The Dorcey Law Firm, PLC
When you think of a “trust fund,” do you conjure up images of stately mansions and party yachts? A trust fund -- or trust -- is actually a great estate planning tool for many people with a ...
Continue reading "The Estate Planning Advantages of Creating a Trust" »
Posted on Aug 1, 2016 By The Dorcey Law Firm, PLC
If you are starting a new company or have an unincorporated entity that has grown to the point where protection of your personal assets may be desired, the selection of the proper business entity can ...
Continue reading "10 Questions You Need to Answer Before Deciding on a Business Entity" »