Recent Blog Posts
Is Your Small Business Charging Customers Illegal Fees?
The federal government instituted the Consumer Financial Protection Bureau (CFPB) in 2010, when most working adults were reeling from the 2008 financial crisis. The goal was to protect consumers from abusive and unfair business practices, predatory loans, and excessive fees. Debt is still a widespread problem in American society; more than half of U.S…. Read More »
Maryland Employers Should Prepare To Comply With New Paid Family Leave Requirements
As of 2022, no federal laws guarantee paid leave from work for short-term illnesses or family caregiving obligations; all legal entitlements to paid leave in the United States are based on state laws. Maryland has been an early adopter of statewide paid leave policies; only ten other states and the District of Columbia implemented… Read More »
Choosing A Brain Trust For Your Estate Plan
Even now, nearly a century after it formed, President Franklin D. Roosevelt’s “Brain Trust” still gets the occasional shout out in journalistic think pieces. President Roosevelt’s Brain Trust was a group of legal and economic scholars from whom Roosevelt sought advice on policy, and some of whom held positions in his cabinet; one of… Read More »
These Elder Care Apps May Leave Extra Room In Your Estate Planning Budget
No matter the size of your estate, the biggest concern on your mind as you begin your estate plan is not being a burden to your family. You may have read the New York Times article several months ago about high end assisted living facilities that make aging Baby Boomers feel like they are… Read More »
Researchers Develop Assessment Tool To Protect Seniors From Abusive Guardianships
Some estate planning lawyers start discussions by talking about all the fun you can have with your money in retirement, while others play on your wishes to help your family be financially stable after you die. Not all of the important estate planning decisions are about money, though. You will also have to decide… Read More »
Do You Still Have Time To Collect The Debts Owed To Your Business?
Running a business would be easy if everyone paid you the money they owed you. In practice, almost every business operation involves lots of unfulfilled promises, including promises of payment. Not every customer who enthusiastically agrees to buy your products or services will have the money to pay for them when the bills come… Read More »
If You Want To Know Why Business Disputes Arise, Look In The Mirror
Introvert versus extrovert. Working mom versus child-free. California sober versus 420 unfriendly. These are the source of raging debates on the Internet, usually conducted by people who have nothing better to do but pursue unwinnable arguments. As an entrepreneur, though, you know that business is business, and in pursuit of a successful commercial venture,… Read More »
Long-Term Care Insurance Can Be Your Best Protection Against Financial Catastrophe In Retirement
Wishing that you will never need to use a certain type of insurance is a terrible reason not to buy it. It is true that you do not need to buy homeowners’ insurance if you rent your house, and you probably do not need flood insurance if you live on an upper floor of… Read More »
Save Money Now, And Plan For Retirement Later
Social Security is set to run out in 2035. The gig economy accounts for a greater and greater share of jobs. Will hepatitis or monkeypox be the next pandemic, or will it be something even scarier? Will we even be alive when millennials reach the current age of today’s Baby Boomers? How do you… Read More »
Washington, D.C. Business Owner Pleads Guilty To Wire Fraud For PPP Scheme
Now that we are two years into the COVID-19 pandemic, business owners in the Washington, D.C. area and elsewhere have gotten used to living with uncertainty. With rising prices and with the knowledge that a new COVID variant even more destructive than omicron could come along at any time, business owners have to be… Read More »
