My Blog
September 2011
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Nina Stillman: Posted on Tuesday, September 27, 2011 7:02 PM
 I had the wonderful experience a few weeks ago thanks to my friend Pete Laffertyof Merril Lynch, to volunteer for a day at a Habitat for Humanity site and help build a house in North Minneapolis. You will all think that I am crazy, but I and 6-7 other volunteers spent about 5 hours swinging hammers and staple guns and the other hour was spent eating lunch and "putting a few things" together. It was fabulous!!!! The wall sections of the house were pre-made for us and we sheathed them with plywood (the hammering) and then we covered the plywood with water barrier paper( the staple guns). |
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Posted on Thursday, September 22, 2011 5:16 PM
 Most Americans are not in a situation of worrying about paying estate taxes upon their passing. In Minnesota you can pass your heirs, charities and special loved ones up to 1 Million dollars before ever having to pay estate taxes. The IRS allows you to pass up to another 4 Million dollars upon your death before worrying about being taxed at the Federal level. many people ask me with a smirk on their face- "Why do I need to bother with a will or estate plan? - I will never have to pay taxes". |
Attorney, Wills, Estate Planning, divorce, intestate, married, minor children, no will, single, tax savings, Revocable trust, trustee, dissolution, employment, real estate, taxes, trusted advisor, bankruptcy, disability, guardians, power of attorney, trust distributions, Uniform Gifts to Minors Act
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Nina Stillman: Posted on Tuesday, September 20, 2011 8:02 PM
 You would sound an alarm if someone walked off with half of your money or your household possessions right? If you are a business owner with partners and have not put a Buy/Sell Agreement in place you could watch part of your business walk right out the door and never know what hit you. A Buy/Sell Agreement is a must. This is an agreement between business owners that spells out the terms by which any of you are allowed to be compensated for your share of ownership of the business upon certain events occurring. |
Attorney, Estate Planning, divorce, married, Life Insurance, Business, Business law', business valuation, buy sell agreement, corporation, dissolution, exit strategy, financing, LLC, LLP, partnership, sale of business, succession planning, bankruptcy, criminal, disability, fraud, retirement
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Nina Stillman: Posted on Thursday, September 15, 2011 8:03 PM
 Just like moving into a new house, starting a business can be so exciting! Getting your concept off the ground and going gets the adrenaline pumping!!! But what about the formation of your business and making sure the foundation is strong and stable? You buy homeowner's insurance to protect your new house - so why would you not get the same type of insurance policy for your new business.... yes, you would get property and casualty insurance, but your business lawyer can provide a huge amount of protection as well. |
Attorney, Business, Business law', business taxes, business valuation, buy sell agreement, compliance, contracts, copyright, corpoation, corporation, dissolution, employment, exit strategy, financing, leases, Limited liability, LLC, LLP, partnership, patent, real estate, regulations, sale of business, service mark, succession planning, taxes, trade secret, trademark, trusted advisor, vendor
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Nina Stillman: Posted on Tuesday, September 13, 2011 9:30 PM
 C’mon Get Happy!: Advantages of Revocable “Living” Trust A revocable living trust is an agreement by which you place property in a trust and name yourself and/or some other person as the person in charge or the “Trustee” or” Co-Trustee”, but reserve the right to revoke the trust so that the property can be returned to you. Generally, the trust agreement provides that upon your death the property will go to the people you choose. |
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Paul Berlin: Posted on Wednesday, September 07, 2011 3:53 PM
 Life insurance should be viewed as a financial planning product the same as a municipal bond, taxable bond or even mutual fund. Life insurance offers tax deferred growth, tax free distributions and an income tax free death benefit. The income tax advantages offered by use of life insurance should be part of every financial plan. However many pitfalls arise when an insurance professional presents a "product" to the consumer.The most important aspect of any insurance product are the internal fees charged by the carrier. |
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Posted on Tuesday, September 06, 2011 3:00 PM
 Many people think that they do not have "enough" to have a will or do any Estate Planning. Nothing could be further from the truth. Who needs a will? Anyone who is married, single, divorced, has children, doesn't have children, owns anything, likes to donate to charity, doesn't like their siblings, you get the picture...., If you want to have a say in who gets your things and money in the event of your death, you need a will. |
Virtual Law Office, Attorney, google, Wills, Estate Planning, divorce, intestate, married, minor children, no will, single
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