Tag: free business news

Does Divorce Change My Estate Plan?

Does Divorce Change My Estate Plan?

Wirya
Business News
Yes! Even if you don’t have a written estate plan, you have an estate plan per the laws of your state. If you get divorced, the nature of your estate plan will change. We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here). If you have a written estate plan and get divorced, once your divorce is final, you need to update your plan. It is likely your divorce may change things such as your: legal name, Trustees, beneficiaries, Power of…
Musk to seek exemption from Iran sanctions for Web access – Business News

Musk to seek exemption from Iran sanctions for Web access – Business News

Business News
Photo: The Canadian Press FILE – Tesla CEO Elon Musk attends the opening of the Tesla factory Berlin Brandenburg in Gruenheide, Germany, March 22, 2022. Musk’s hopes to operate his satellite internet firm in Iran require permission from the Treasury Department, which said Tuesday it welcomes applications to support internet freedom in the country, which is largely isolated from western economies. The Tesla CEO tweeted Monday that his satellite internet firm Starlink would seek permission to operate in Iran.(Patrick Pleul/Pool Photo via AP, File) Elon Musk’s hope to operate his satellite internet firm in Iran requires permission from the Treasury…
What Happens When You Don’t Fund Your Trust?

What Happens When You Don’t Fund Your Trust?

Wirya
Business News
After you work with your estate planning attorney to draft a carefully tailored estate plan, it is usually your responsibility to “fund” the trust. We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here). What does funding the trust mean? Funding the trust is simply transferring assets into your trust. If you have a trust, you will want to put your assets into the trust, by retitling bank accounts, re-designating beneficiaries of life insurance, etc. We walk our clients through the…
How Do I Escape My Non-Compete Clause?

How Do I Escape My Non-Compete Clause?

Wirya
Business News
In healthcare, there has been a large expansion in non-compete clauses. Many of our clients would like to find a way out of their non-compete clause when looking to leave their current employment. We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here). The first way to avoid breaching a non-compete clause is to have your attorney negotiate a contract without a non-compete clause before beginning your employment. Sometimes, non-compete clauses are unavoidable. So what can you do in that situation?…

Michael Bloomberg interested in acquiring Dow Jones, Washington Post

Business News
Photo: Chesnot/Getty Images Michael Bloomberg, the billionaire businessman and media mogul, is interested in acquiring either the Wall Street Journal parent company Dow Jones or the Washington Post, a source familiar with his thinking told Axios. Why it matters: Bloomberg wants to expand his media empire and sees the Dow Jones as his ideal fit, but he would buy the Post if Jeff Bezos were interested in selling, the source said. The combination of Bloomberg and Dow Jones would create an unparalleled business news behemoth. Details: Bloomberg, the source notes, would be interested in a potential acquisition of either property,…
Debt & Death – Rickard & Associates

Debt & Death – Rickard & Associates

Business News
When our clients meet with us for estate planning, a common question we receive is: what happens to my debt when I die? We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here). Debt does not go away upon death, but what happens to it can change depending on several factors. While you do not owe money after death, your estate may owe money. An estate is determined to become insolvent if the debts exceed the value of the assets. In…
Oak Court Mall in East Memphis to be put up for auction

Oak Court Mall in East Memphis to be put up for auction

Business News
Oak Court Mall empty sits Thursday, April 2, 2020, in Memphis. Oak Court Mall will be going up for auction at the end of the year, according to a foreclosure notice dated Dec. 6. The mall, located at 4465 Poplar Ave., has struggled to attract and retain tenants in recent years and the owner, Washington Prime Group, filed for bankruptcy last year. The Ohio-based company struggled significantly during the early stages of the pandemic, losing $133.9 million in the first nine months of 2020. Originally opened in 1988, Oak Court Mall is anchored by Macy’s and Dillard’s. The property started…
Estate Planning Terms to Know

Estate Planning Terms to Know

Business News
Estate planning is an incredibly important tool, not just for the wealthy or those thinking about retirement. On the contrary, estate planning is something every adult should do. We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here). Estate planning can help you accomplish any number of goals, including appointing guardians for minor children, choosing healthcare agents to make decisions for you should you become ill, minimizing taxes so you can pass more wealth onto your family members, and stating how…