Estate planning often brings to mind the later stages of life, but it holds significant advantages for those in good health as well. Proactively managing your estate ensures that your wishes are honored, your loved ones are protected, and your legacy is preserved.
Ensuring Your Wishes Are Honored
One of the primary benefits of estate planning is the ability to clearly outline your wishes. This encompasses decisions about how your assets will be distributed, who will manage your affairs, and what your healthcare preferences are in case of incapacitation.…
The probate process is designed to oversee the final distribution of estates and ensure that the estates’ and their heirs’ best interests are put first. This includes the financial side of estates. To accomplish this goal, accurate accounting reports must be created and turned over to stakeholders and the court. These accounting reports come in two primary categories. Here’s what you need to know about each.
1. The Informal Accounting…
Cannabis enterprises can be remarkably profitable enterprises. However, regulations concerning these enterprises can be fairly muddled and contradictory. This can pose challenges for cannabis businesses in particular when it comes to banking solutions.
Use A Bank Service That Caters To Cannabis Enterprises
As you are evaluating a banking solution for your cannabis business, you will want to be aware of the need to consider working with a service that is experienced with the unique challenges and regulatory requirements that will come with having cannabis business clients.…
