Posts by Phil Lawrence
Estate Planning 101 – Wills
While planning for the future, there are a few basic documents that make up the core of estate planning: a Will, a Power of Attorney, a Medical Power of Attorney, and an Advanced Directive. Each of these documents serves a very important purpose and can potentially save hours of work and thousands of dollars.…
Read MoreEstate Planning 101 – Avoid Probate?
Whenever someone talks about estate planning, there will inevitably be a warning to “avoid probate.” While there are circumstances where probate should be avoided, in most cases, “probate” is actually a simple, straightforward process. What are some circumstances where it is a good idea to avoid probate? The first circumstance is for estates…
Read MoreSo You Want to Start a Side Hustle – Part 2: LLCs
As we discussed in part 1 of this series, many people are talking about and exploring starting a side hustle. Extra cash can be great, but there are many legal pitfalls that are often not discussed or considered in the excitement of a new side hustle. Last time we talked about oral contracts. Today, I…
Read MoreSo You Want to Start a Side Hustle – Part 1
It’s becoming increasingly popular to talk about side hustles. Making extra cash on the side, in addition to your regular job, can be great. However, there are many legal hurdles that your average side hustler may not consider, and are rarely discussed on finance blogs. I’ll discuss a few of those issues here. Today, I…
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