It happens more often than people think: Dad is sick and hasn’t seen his kids for years…his new wife encourages him to update his Will to reflect his new marriage status and love. Dad eventually dies and the children are less than happy to find out that their new Stepmom is the sole beneficiary of their Dad’s estate. Feeling robbed and outraged, they want to contest the new Will. Is

The advantage of a small business forming an LLC is that it creates a protection barrier between the small business owner and the business. If the business is sued and the LLC has been properly maintained, then the business owner’s personal assets will be protected from the lawsuit. The lawsuit will only be able to claim damages against the assets in the LLC, and not the owner’s bank accounts, properties,