Prized Possessions and Estate Plans
With good reason, major assets, like bank and investment accounts, as well as real estate, tend to get lots of attention during estate planning, but it’s wise to think about accumulated personal possessions too….
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IRA Trust?
As the name implies, an IRA trust is an estate planning option for individuals who have saved money through a company sponsored retirement plan. For lots of people, retirement plan assets are among the most…
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Spiral Effect: Pre-Apprenticeships?
As efforts to solve the labor shortage in construction progress, business leaders around the country have increased opportunities to get involved in regional programs. For example, the International Union of Painters and Allied Trades…
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Good To Know: Plan Terms
The terms associated with employer sponsored retirement plans can be confusing, causing fuzzy understandings to be passed around in the course of overseeing the plan. Be careful, though: the Employee Benefits Security Administration (EBSA)…
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401k Committee Member Vs Bump On The Log?
There’s no such thing as merely sitting in on meetings when it comes to the high standards of ERISA. Each member of a retirement plan committee can be held personally responsible–financially–for errors and oversights….
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New Year, New You?
Most construction business owners start their companies with a passion for building, and probably bring a particular area of expertise too. Makes total sense. Here’s the hitch though: successfully growing the business usually requires…
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Water Damage?
Won a new project? Great—but, are you clear on the foreseeable risks? In particular, water damage claims have been on the rise, making water damage prevention strategies a must for all construction business owners,…
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Hiring, Training and Retaining: Women
Though record high numbers of women have been taking on construction jobs, they are still generally underrepresented in the field. As data continues to highlight painful shortages of skilled laborers, the imperative for diversification…
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Understanding Trustee Responsibilities
When setting up a trust as part of an estate plan, do not underestimate the responsibilities that will fall to the trustee designated to administer the trust. Serving as a trustee is not an…
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