by Jim Lyon | Jun 28, 2019 | Blog: Bankruptcy, Blog: Estate Planning
Statistics compiled by Forbes reveal that approximately 80 to 90% of businesses in the United States are either owned or controlled by families. Other data reveals that only one third of these businesses survive into the second generation of a family and that only...
by Jim Lyon | Jun 7, 2019 | blog, Blog: Estate Planning
Estate planning is an important process for all people, regardless of the extent of their assets. One of the primary purposes of estate planning is to make sure that your estate, debts, and assets are distributed in accordance with your wishes following your death....
by Jim Lyon | May 24, 2019 | blog, Blog: Estate Planning
Both the owner and the heir of an estate have the potential to end up benefiting from a life estate deed. Despite these potential advantages, many people do not know what a life estate deed is. A life estate deed is a real estate arrangement that contains two distinct...
by Jim Lyon | Apr 10, 2019 | blog, Blog: Estate Planning
Some people find it hard to believe, but it is possible for joint account holders to determine who should receive the assets in an account after the surviving account owner passes away. Accounts referred to as transfer on death accounts (which are also sometimes...
by Jim Lyon | Mar 1, 2019 | Blog: Estate Planning
With advancing technology increasingly at the fingertips of every person in the country, more and more people are opening their own businesses. While owning a business offers the advantage of creative freedom and growth, business owners often also feel the pain of...
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