Editor’s note: This is part 13 of an ongoing series about using trusts and LLCs in estate planning, asset protection and tax planning. The effectiveness of these powerful tools — especially for asset ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South ...

A family limited liability company (LLC) is formed by family members to conduct business in states that allow LLCs. Members must be related by blood, adoption, or marriage. The family LLC is a popular ...

Setting up a business as a limited liability company (LLC) can protect the business owner's personal assets from being claimed by business creditors. An LLC creates a shield between business ...

Please provide your email address to receive an email when new articles are posted on . The reality of health care practice in the 21st century is that lawsuits and liability lurk in the background ...

These are examples of assets not normally easily disposed of. Key Takeaway: Formally, if an asset isn't expected to be cashable within a year, it isn’t considered a current asset. In business, a ...

Gig, contract and work-from-home opportunities are plentiful. More people than usual are becoming their own bosses, creating side hustles or looking into starting small businesses. Structure your ...

Please provide your email address to receive an email when new articles are posted on . The reality of orthopedic practice in the 21st century is that lawsuits and liability lurk in the background for ...