Gowen Rhoades WInograd & Silva PLLC Blog

Information and insight on today's hot legal topics.

Gowen Rhoades WInograd & Silva PLLC Blog - Information and insight on today's hot legal topics.

Whether Business or Personal, Proper Planning for Partnering Up in Life

hand shaking image By Tsahi Levent-Levi

Image from Tsahi Levent-Levi.

Prenups.  It is fair to say that a certain stigma is attached to that word.  After all, when planning a wedding, the last thing a couple wants to think about is the potential end of their marriage.  The same is true for business partnerships: dissolution of a newly-minted business is the furthest thing from the mind of small business owners. However, in both cases, planning ahead—whether through a prenuptial agreement or through a dissolution plan in a partnership agreement—can have both legal and financial benefits in the long term.

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Your Future Legacy and the Future of Others May Depend on Having a Will

 

Millions and millions of Americans die each year without a will (or “intestate”) and leave their families with unintended consequences and sometimes major headaches.

While it’s an unfortunate fact that we’re all going to die some day, it’s also a fact that we prefer not to dwell on it if we can avoid it, and a will makes us do just that.  A survey conducted in 2012 found that almost half of Americans are intestate.

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