A trust is an estate planning tool that allows a person to control their assets during their lifetime and make provisions for incapacity and death. Many trusts are revocable, however, irrevocable trusts can be an incredibly useful way to plan for your future.
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One thing you should know about irrevocable trusts is that, unlike revocable or living trusts, irrevocable trusts cannot be changed or amended. They are set in stone.
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Tag: business news usa
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We often have clients ask us when the best time to do their estate plan is and the answer is usually, right now! This is especially true for people turning 18 years old, people who don’t have a plan, and people who have had recent life changes.
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One event that should trigger you to meet with an estate planning attorney is a new baby. When you are expanding your family, that…
Interpol called in on probe
Kim Tong-hyung, The Associated Press – Sep 20, 2022 / 6:55 am | Story: 386009
Photo: The Canadian Press
South Korean prosecutors have asked Interpol to issue a fugitive alert for the founder of Terraform Labs as they investigate a $40 billion crash of the firm’s cryptocurrency that devastated retail investors around the world.
The Seoul Southern District Prosecutors’ Office asked Interpol on Monday to circulate the “red notice” for Do Kwon across the agency’s 195 member nations to find and apprehend him.
A South Korean court recently issued arrest warrants for Kwon and five…
If you are getting remarried, it is essential to understand your spouse’s inheritance rights.
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Before you get married for a second or third time, you want to be aware of the rights your spouse will have to your estate and vice versa.
You may want to work with an attorney to draft a prenuptial agreement, prior to exchanging vows.
Then, you want to be familiar with the intestacy laws in your…
Physician contracts are often complicated and have unique terms. We help our clients understand the terms and negotiate their contracts.
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Many of our clients are physicians who are negotiating or renegotiating their employment contracts with their employers. Sometimes these are with health systems, hospitals, or small physician offices.
We also have clients come to us with issues after they negotiated their own contracts.
Physician contracts are unique, as they have standard…
Don Lemon has been fired by CNN after 17 years on the network.
On Monday (24 April), the news anchor announced that he had “parted ways” with CNN following a string of scandals in recent months, barely an hour after news broke that Tucker Carlson had been fired from Fox News.
“CNN and Don have parted ways,” the network said in a statement.
“Don will forever be a part of the CNN family, and we thank him for his contributions over the past 17 years. We wish him well and will be cheering him on in his future endeavors.”
Lemon…
If your electronic health record (EHR) template is set up incorrectly and leads you to be billed improperly, it could lead to prison time.
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In recent years, we have heard from many of our clients that their compliance plans received less attention than normal due to the pandemic, staffing issues, and other pressing concerns.
However, compliance enforcement is ongoing and it is essential to prioritize your compliance plan.
A Delaware physician…