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"Net worth" is the amount by which the total value of your assets exceeds the total amount of your liabilities. Do you know what your net worth is? Data collected by National Longitudinal Surveys over the past 12 years indicates that 70% of people think that they are worth less than they really are, while 25% believe they're worth more.

Your financial needs change throughout your life as well. What was important to you at 25 may not matter at all by the time you hit 50. The priorities of middle age wouldn't even have entered your mind back then. And your personal and estate planning strategies should change right along with those life stages.

When most people think of estate planning (if they think about it at all), they usually think it means making a Will. But estate planning is much more than just that. It’s a process of wealth management, strategic future planning and documentation that will ensure that your estate is distributed and your loved ones are provided for in accordance with your wishes.

Defamation is defined as an intentional false communication either published or spoken publicly, that injures another's reputation or good name, or diminishes the esteem, respect, goodwill, or confidence in which the person is held. Defamation is an actionable wrong, meaning it can be sued on by the party who is defamed.

Here is a list of essential questions you need to answer in order to determine whether a person who works for you is an employee or an independent contractor.

Those of us who are members of the Baby Boomer generation who are still lucky enough to have one or both parents living are now facing some tough decisions when it comes to caring for our parents. It’s important to help them retain their independence and personal dignity for as long as possible, but if they are reaching a point where they cannot manage everything (whether due to physical or mental deterioration, or a combination of both), it becomes necessary to appoint someone close to them to take over those actions and decisions that they are no longer able to handle.

We are often contacted by customers who want to know how they can file a lien on someone's house or vehicle. Many people have the idea that if someone owes them money for any reason, they have the right to place a lien on the debtor's property. Often the answer is no. First you need to understand what a lien is, how lien rights are created, and whether or not you have the right to file that lien.

Every business partnership, no matter how good the relationship, has the potential to end in dispute. So long as the parties agree on significant matters, minor disagreements generally resolve themselves. The best and most proactive way to attempt to resolve or avoid potential conflicts and to minimize the costs involved in conflict resolution is to have a Shareholder Agreement in place to deal with significant business issues before they arise.

Hiring for nonprofits is not the same as hiring staff for a profit corporation. For one thing, you'll be working with substantially less money in your personnel budget than a private company of comparable size would have available.

A nonprofit (or not for profit) organization is exactly what its name implies – it is an entity that uses any surplus revenues it generates in order to achieve certain goals, rather than as profits to be distributed among the shareholders. It can be incorporated or unincorporated, but there are advantages to being a corporation, such as limiting the liability of the members.