A power of attorney gives another individual the power to act on your behalf. That power can be limited to a specific activity, such as closing the sale of your home, or can give general duties for a period of time. You can make the power effective immediately or effective upon a future event, such…

  Even if you have a formal estate plan, organizing your personal paperwork and informing heirs of basic decisions will make it easier for heirs to handle your estate after your death. Broaching a Tough Subject With Parents     Estate planning can be a difficult subject to broach with your parents. You don’t want to…

When owners and managers receive business valuations, the first thing they typically do is flip to the conclusion: What’s it worth? Often, little attention is given to the analyses underlying the final number, especially if the report was prepared for internal planning or financial reporting purposes. But it’s always a smart idea for the company’s…