Home financing has never been easy but it is getting more difficult. In March I decided that with mortgage rates so low, I should refinance one of my rental properties that had a 7% loan. The rent I get is pretty much break even, I have a
Should Your Trust Own Your Business? Should Your Trust Own Your Business? The question often arises as to whether the family company, a corporation, LLC, or limited partnership, should be owned by the parent’s living trust. Owned by the trust probably isn’t a good way of phrasing
The question often arises as to whether the family company, a corporation, LLC, or limited partnership, should be owned by the parent’s living trust. Owned by the trust probably isn’t a good way of phrasing the statement. The company is owned by whoever owns the stock. (In
There are a couple of lessons learned from the Bernie Madoff scam that business persons can make sure they are observing. Bernie and his wife made a couple of mistakes. (Well, maybe more than a couple.) They were just flat out illegal in most of what they
