Forming a corporate entity (either a limited liability company or corporation) is the first step for any small business owner to minimize personal liability for the financial risks of the company. Absent a corporate shield, entrepreneurs face liability for the debts and liabilities of their small business. Corporation vs. Partnership Originally, there were only two types of businesses: corporations and partnerships. Corporations were separate legal entities that could own property, sue and be … [Read more...]
Why Your College-Bound Child Should Have a Power of Attorney
After years of preparation and planning, your child is set to go off to college – perhaps nearby; perhaps several… READ MORE
