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The Advocate's Blog

Why You Want to Avoid Intestacy

Posted by Gregory Robinson | Aug 19, 2023 | 0 Comments

About two out of three Americans will die without a will. This is known as dying intestate. While the reasons for not having a will vary, the end result is the same for everyone: they do not get to choose who receives their property when they die. Instead, their money and property are distribu...

When an LLC Is Not the Best Fit

Posted by Gregory Robinson | Jul 31, 2023 | 0 Comments

Business owners who are interested in forming a new limited liability company (LLC) or converting their existing business to an LLC are probably familiar with the benefits of this entity type. While the LLC is a great fit for many companies, there are situations in which its disadvantages may out...

Essential Parts of Every Contract

Posted by Gregory Robinson | Jul 29, 2023 | 0 Comments

Contracts are the foundation of modern business relationships. Contract law as we know it today originated in English common law, but contracts have been around since ancient times. Many of the earliest examples of contracts in history have the same characteristics—such as offer, acceptance, and ...

Why You Need Insurance for Your Business

Posted by Gregory Robinson | Jul 24, 2023 | 0 Comments

There is a lot riding on your small business. You have invested your money, time, and sweat equity to build a company that will be successful for years to come. Even if you make all the right business moves, unexpected costs can arise at any time. Accidents, natural disasters, data breaches, and...

What Is a Devise in My Estate Plan?

Posted by Gregory Robinson | Jul 15, 2023 | 0 Comments

If you are thinking about creating an estate plan, you may hear some new and confusing terms that make your brain hurt. To add to your bewilderment, not only are some of the words unfamiliar, they may also be homophones—words that are pronounced the same as other words, but have different meaning...

Home Security Systems and Estate Planning

Posted by Gregory Robinson | Jul 13, 2023 | 0 Comments

Estate planning helps bring peace of mind and a sense of security, both in our lifetime and beyond. While we cannot predict our fate, we can at least dictate how our money and property will be distributed and ensure that we provide for our loved ones. Physical security is a big part of feeling...

What Not to Include in Your Estate Planning Documents

Posted by Gregory Robinson | Jul 11, 2023 | 0 Comments

One important purpose of estate planning is to facilitate the transfer of ownership of your money and property to your family and loved ones when you pass away. For this transfer to be as stress-free and efficient as possible, it is crucial that estate planning documents be thorough and provide t...

The Estate Planning Tool Kit for Unmarried Partners

Posted by Gregory Robinson | Jun 23, 2023 | 0 Comments

Estate planning is essential for everyone, but it is especially important if you and your partner are in a long-term committed relationship and are not married. Unless you plan properly, your partner will not receive any of your money or property when you pass away and will be unable to care for ...

How to End Your LLC

Posted by Gregory Robinson | Jun 21, 2023 | 0 Comments

When you started your limited liability company (LLC), the last thing you probably had on your mind was ending it. Many LLCs are created for specific purposes, however, and when that purpose has been served, its members may think about winding up the company. LLCs may also terminate due to member...

Estate Planning for Unmarried Partners

Posted by Gregory Robinson | Jun 11, 2023 | 0 Comments

When it comes to protecting your unmarried partner, there are several options to consider. Depending on the value of your money and property, your desired level of protection from your partner's creditors, and other factors unique to your situation, one or more of these strategies may be benefici...

Pass-Through Taxation: What You Need to Know

Posted by Gregory Robinson | Jun 06, 2023 | 0 Comments

Most US businesses have a pass-through taxation structure: they are not subject to corporate tax. Instead, they have their income “pass through” to their owners to be taxed on their individual income tax returns. Pass-through businesses have simpler filing and a lower tax rate than C corporation...

What You Need to Know about Articles of Organization

Posted by Gregory Robinson | Jun 04, 2023 | 0 Comments

The limited liability company (LLC) is a popular entity structure among small business owners that provides governance and taxation flexibility and shields personal assets from business liabilities. To enjoy the benefits and legal protections of an LLC, however, owners must register their compan...

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