AB Law Blog
Your Business Can’t Run on Instructions Only You Know. Here’s What Your Team Needs.
Your next payroll is $28,000. A supplier needs $19,000. You have $35,000 available, and you’re the only person authorized to decide what happens next. You know how you would handle it. You earned that judgment through years of keeping promises to your employees and customers. But if you cannot answer your phone for two weeks, who has the authority to act?…
Spouses With a Joint Trust: What Happens If You Die Days Apart?
You and your spouse built one life, one family, and often one estate plan. But if you die in the same accident or only days apart, the order of death can change who inherits, which documents control, and whether assets pass through two estates instead of one. Here is what a survivorship clause does and why your plan should answer the question before your family ever has to…
Business-Owned Life Insurance Rules Owners Need to Know
Business-owned life insurance can be an excellent continuity tool. It can also fail at the exact moment the company needs it if the policy, agreements, tax requirements, and intended use were never coordinated. The issue is not whether you bought life insurance. It is whether the business completed the legal and tax work around it…
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