This post is a continuation of Will: Anticipating Your Succession (Part 1). Lately, we have gone through the following: – Will: anticipating one’s succession – Why make a will? – The authentic will – Other forms of will We will now cover: – Will: instructions for use – A will with…
General liability and professional liability insurance both protect against common small business liabilities, but cover two different types of lawsuits. You may need to purchase one or both policies depending on your risks. What is general liability insurance? General liability insurance protects your company from basic lawsuits that any business…
Summary Step 1: Determine if a notary is required Step 2: Search for beneficiaries Step 3: Search for creditors Step 4: Obtain a Certificate of Heredity and Death Step 5: Take the certificates to the deceased’s bank Step 6: Report the estate received It is possible to open an estate…
Summary Step 1: Have the company evaluated Step 2: Choose between temporary or lifetime dismemberment Step 3: Don’t harm other heirs in reserve Step 4: Consult a notary An entrepreneur has the option of starting to transfer his business during his lifetime, by way of bare ownership donation. He can…