Irrevocable Trust: Pros and Cons
Given the relative ease of set-up and their flexibility, revocable trusts are a popular and convenient estate planning tool. Despite the scarier name and implications, however, irrevocable trusts can also turn out to be useful,…
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Back Up Plan: Fiduciaries!
One of the most important aspects of estate planning is the designation of fiduciaries: the people entrusted to manage our affairs, in accordance with our intentions. Because life takes twists and turns, attorneys advise naming…
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12 Strategies for Growth
When you own and run a construction business, riding the ups and downs comes with the territory, but of course more highs than lows are best. Here are 12 pragmatic strategies that successful entrepreneurs rely…
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Billions Awarded for Building Railways
Tens of thousands of new jobs are anticipated as railways across the country get big builds underway in the year ahead, thanks to new awards of over $8 billion from the Infrastructure Investment and Jobs…
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Probate Bonds Explained
Courts frequently require the person appointed to handle the affairs of the deceased to obtain a probate bond, which acts as a guarantee that debts and assets will be properly handled in accordance with state…
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In Terrorem Clause?
When a will is created, an in terrorem clause, also referred to as a no-contest clause, can be included to prevent disputes about the provisions made in the will. Because disputes can drain time and…
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Reaching New Heights: Fall Prevention
Following findings that deathly falls during the construction work day had reached new heights in 2021, everyone in the industry has had a renewed focus on prevention. With the short, dark and often slippery days…
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Worker Scarcity: A Persistent Trend
According to labor statistics from the end of October, hiring remains challenging in construction–and is expected to stay that way: About 5% of construction jobs went unfilled on the last day of October….Despite the slight…
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Probate Vs NonProbate Assets?
The process of probate is somewhat like a funnel: upon death, assets pass through, so that decisions about where they end up are formalized, publicly and on the record. However, if beneficiaries have been named…
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