by Durham Law Firm | Dec 23, 2021 | Business
Many business owners ask, “Can I pay myself as an employee if I am a business owner? The answer is that you can pay yourself as a business owner, but it’s not always a “salary.” There are two main methods owners use to pay themselves. Considering which is better for...
by Durham Law Firm | Dec 15, 2021 | Estate Planning
Most people understand that having some sort of an estate plan is a good thing. However, it may feel like a struggle to take the steps to get that estate plan in place. Sometimes, of a lack of understanding of the nuances between the different legal frameworks can...
by Durham Law Firm | Dec 8, 2021 | Estate Planning
Experienced estate planning attorneys prepare the legal documents you need to take care of yourself and your family as you age. If you own a home or have children or a spouse or partner, estate planning is just part of ensuring that you are all cared for. When you...
by Durham Law Firm | Nov 29, 2021 | Estate Administration, Estate Planning
Without planning for your future, long-term care costs can hit your hard-earned savings and eventually result in the sale of your family home after your death. It IS possible to keep your assets safe and still qualify for Medicaid coverage. Let’s see when Medicaid can...
by Durham Law Firm | Nov 19, 2021 | Estate Administration
When your parents pass away, you may wonder what will happen to their things. Other questions such as: “What will I inherit?” ”What will my siblings inherit?” and “How does the process work?” may go through your mind. Let’s look at what your sibling rights are after...
by Durham Law Firm | Aug 9, 2021 | Estate Planning
With the extended average lifespan in the US at 78 years of age, you may need to support yourself for decades of retirement. Let’s look at smart ways to ensure that your hard-earned money is still working for you in your seventies and...
by Durham Law Firm | Aug 3, 2021 | Business
There are solutions to prevent the likelihood of nonpayment and to obtain the money owed when a client doesn’t pay on time. Safeguard the time and money you've invested in your small business. Learn what to do when a client won't...
by Durham Law Firm | Jul 30, 2021 | Estate Planning
We understand that it feels hard to get around to estate planning; it sounds about as fun as getting a root canal. However, a root canal gets rid of pain and estate planning prevents future pain for you and your family. We all want to ensure that our loved ones are...
by Durham Law Firm | Jul 27, 2021 | Estate Planning
Even though 70% of individuals older than 65 now will need long-term care in the future, health insurance and Medicare do not cover long-term care costs. Medicaid may cover all of your long-term care costs if your income and assets are below the set levels in North...
by Durham Law Firm | Jul 23, 2021 | Business
You may wonder whether to form an LLC taxed as a partnership or a corporation taxed as an S corporation. When starting a new business, this one decision can cost or save your new business thousands. However, with a bit of thought, you can make the best tax structure...
