A company can lose value when no one knows who has authority to act. If you retire, become ill or pass away without written instructions, your loved ones, co-owners and employees may be left waiting for answers. For Rhode Island business owners, succession planning...
Securing your family's future goes beyond financial abundance. It is about building structural protection around your wealth. Without the right safeguards, a large inheritance can fall prey to creditors, divorce settlements and tax collectors. Fortunately, an...
When a Rhode Island court appoints a receiver for your business, it is more than a temporary fix. It is a complete shift in authority. The receiver steps directly into your role as owner and takes charge of all decisions. This is why knowing what to expect can give...
Planning for the future can feel overwhelming when you care for someone with a disability. Savvy planners realize that financial support could unintentionally put essential benefits at risk. Thankfully, there are legal tools that can help to provide additional support...
If your business faces serious financial problems, bankruptcy may seem like the only option. However, some businesses enter receivership instead. While both processes involve court oversight, they serve different purposes. If you own a business or have a stake in one,...
Buying commercial property in Rhode Island can create opportunities for business growth and long term investment. However, the process often involves more than agreeing on a price and completing closing documents. As you move closer to closing, several issues may...
Running a business takes time, effort and commitment. Because of that, it is easy to focus on daily tasks and put off long term planning. However, if you retire, become unable to run your business or pass away without a succession plan, your company could face...