Anyone can turn their business into an LLC. In fact, you don't have to be a U.S. citizen or resident to form one. Only institutions like banks and insurance companies aren't allowed to turn their businesses into LLCs. Do I need a lawyer to form an LLC?No, you don't need a ...
If you're unsure whether or not you should form an LLC – and where to begin – here's a primer on getting started.
But how much is enough? Our guideline: Aim to save at least 15% of your pre-tax income1 each year, which includes any employer match. That's assuming you save for retirement from age 25 to age 67. Together with other steps, that should help ensure you have enough income to maintain...
Stivers Law is a separate entity and not affiliated with CoreCap Advisors. The information provided here is not tax, investment or financial advice. You should consult with a licensed professional for advice concerning your specific situation. Related Content How Much Life Insurance Do You Need?
The key is to take action.How much do you need to save for retirement? It's one of the most common questions people have. And no wonder. There are so many imponderables: When will you retire? How much will you spend in retirement? And for how long? That's why we did extensive ...
Understanding how to determine percentage of ownership in a company is very difficult. Generally, you would calculate this percentage based on how much each owner has contributed to the company. This can, however, be complicated depending on the needs of your company and the number of owners. ...
Some jurisdictions may also require additional documents like proof of insurance, tax identification numbers, or zoning permits. Once the application is completed, you will usually need to pay a fee to obtain the license; this fee can vary depending on location and business type. Here are some ...
Two rules of thumb:Travel insurance is worth it when you’re traveling abroad and your health insurance doesn’t cover emergencies outside of your country, or when a large portion of your trip is non-refundable. For everything in between, consider how much a financial disaster it would be ...
Life insurance is an asset many people use in long-term financial planning.Purchasing a great life insurance policyis one way to protect your loved ones, providing them with the financial support they may need after you die. For example, you may purchase life insurance to help your spouse cov...
Finally, it is less expensive for a contractor to hire the services of a subcontracting firm or freelancer than it is to hire an employee since the primary contractor is not responsible for paying workers’ compensation benefits, vehicle andcommercial general liability insurance, health insurance, fu...