Many common myths have developed and come up continuously in discussions about estate planning.
Data suggests that recessions are becoming shorter but economic uncertainty and distress is affecting many organizations.
If you are like many of the people we talk to lately, most tell us they are moving to conservative holdings in their retirement or long-term investment plans.
Diversifying to increase your cash influx may sound like an oxymoron, but every entrepreneur should take a hard look at not having all your eggs in one basket. Any business, from the smallest home-based business to the largest corporation, gains stability and profits by diversifying.
Everyday, 13 million people need assistance with routine activities such as dressing, eating and bathing, according to the Direct Care Alliance. Four out of 10 people turning 65 can anticipate stays in a nursing home, and by the year 2025, 78 million Americans will be over age 65. Most health insurance programs will not usually cover long-term-care expenses.
The first responsibility of an entrepreneur is to develop a business model that works. This means having a long-term relationship between the two parties (supplier and customer), multiple revenue streams and multiple product lines.
If you could have bought insurance on your retirement account to guarantee not losing your principal and earnings value last year, how much would you be willing to pay to insure it?
Many people don't give too much thought when choosing someone to be the beneficiary of a life-insurance policy.
An early IRS sampling of tax returns shows about 15 percent have errors involving the recovery rebate credit that is related to last year's economic stimulus payment.
As tough times abound in this economy, many of our Santa Clarita Valley bankers are hearing this familiar question: "How can I start saving if most of my money goes toward bills?"
Identity theft is among the fastest growing crimes in the nation.
Nearly everyone who follows business in America has an opinion about what needs to be done with the automotive industry, specifically with General Motors.
A recent article in SmartMoney magazine talked about Congress taking aim at retirement by trying to revamp 401(k) and IRA plans.
The average legal client of the Santa Clarita Valley is an individual or small company. Their legal needs, and economic situation differ greatly from the corporation, insurance company, financial, governmental or other more powerful institutions that commonly are opposing the individual consumer.
Each of us has flashes of insight that soon dim, maybe to resurface at some quiet moment when we are reflecting, even years later. I had one of these moments over the weekend.
Books like "Built to Last," "The Breakthrough Company," and "Good to Great" were written to help business people improve the companies they own, lead and run.
The housing market in the Santa Clarita Valley started the New Year tentatively, yet encouraging news abounds as the traditional Spring home buying season approaches.
If you wonder why your sales people aren't more productive, aren't making enough presentations and are slow to close deals, it might not be the industry you are in, your location or the economy not cooperating.
According to the recent news release from the Bureau of Labor Statistics the US economy added 113,000 jobs in January 2014 and, "…job gains occurred in construction, manufacturing, wholesale trade, and mining…Employment in manufacturing increased in January (+21,000)…Manufacturing added an average of 7,000 jobs per month in 2013."
Years ago a major manufacturer hired a research firm to conduct a survey of the cultural climate of the company.
Under the federal Ability-to-Repay rules that went into effect Jan. 10, lenders received guidelines on the type of financial information homebuyers must provide lenders when seeking a loan.
Research suggests that employees do not leave because of the company they work for, but they quit because of their manager.
What is our fascination with forecasts? Are they really helpful and how can we use them for planning purposes?
At the end of the first month of the year, are your objectives for 2014 being met? Have the results versus your goals left a gap? Are you worried that what happened or what didn't happen in January can spread to February? Or March?
In May, 1976 I had just finished what I first thought was my junior year of college. When I put a pencil to things, I discovered I was not 12 months away from graduation, but closer to two years.
When you think of California do words like innovative, leading-edge and trendy come to mind? A place where new ideas first take root before they become woven into the very fabric of the national culture and industrial base before becoming recognized around the world as being uniquely "American". If so, you may be surprised to learn that in one area, the critical business process of selecting and hiring new employees, California is lagging behind the rest of the country.
I recently conversed with the owner of a profitable company. She was interested in addressing some issues so she could return her attention to growing the business.