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"The Blog"

COVID-19: The Impact on Small Businesses

Posted by Darryl V. Pratt | Mar 27, 2020 | 0 Comments

COVID-19: The Impact on Small Businesses   Small businesses are struggling economically in light of the COVID-19 pandemic. Many businesses have closed as a result of shelter-in-place orders, and even in states less severely affected by the virus, many non-essential businesses have close...

COVID-19 Prompts Fed to Delay Tax Payment Deadline

Posted by Darryl V. Pratt | Mar 27, 2020 | 0 Comments

COVID-19 Prompts Fed to Delay Tax Payment Deadline   The 2020 tax season is underway, but millions of Americans have yet to start preparing their tax returns. In response to the COVID-19 pandemic, Treasury Secretary Steven Mnuchin offered taxpayers a 90-day reprieve to pay their income ...

Coronavirus and Its Impact on Estate Planning

Posted by Darryl V. Pratt | Mar 05, 2020 | 0 Comments

Coronavirus and Its Impact on Estate Planning   While it is still hard to tell how the coronavirus will impact us in the long term, it has become a subject that is impossible to ignore. While some are advocating that we prepare to be quarantined, potentially for months, ot...

Estate Planning Strategies to Protect Your Spouse

Posted by Darryl V. Pratt | Feb 05, 2020 | 0 Comments

Estate Planning Strategies to Protect Your Spouse You have searched for and found the love of your life, maybe your first love, or maybe after a previous marriage. As you have built your life together, you have probably weathered your fair share of storms and grown stronger because of them. To...

Six Steps for Forming an LLC

Posted by Darryl V. Pratt | Jan 05, 2020 | 0 Comments

One of the first decisions to make when starting a business is what type of business entity to form. The limited liability company (LLC) is one of the most popular business structures because it offers a level of flexibility and legal protection that is attractive to many people who are starting ...

Productivity Tips for the New Year

Posted by Darryl V. Pratt | Dec 26, 2019 | 0 Comments

Productivity Tips for the New Year Are you feeling bogged down in a swamp of clutter, deadlines, and incomplete tasks? As we draw closer to the end of the year, make it your goal to do a few simple things over the course of a day or two that will result in increased productivity and peace of min...

Legally Terminating Employees

Posted by Darryl V. Pratt | Jun 13, 2019 | 0 Comments

Most small business owners will occasionally have to face  the unpleasant task of firing an employee. Small businesses, in particular,  rely heavily on each employee. An underperforming employee may not only lower  the morale of other employees who have to pick up the slack, but may also  jeopard...

When Equal Isn’t Necessarily Fair

Posted by Darryl V. Pratt | Jun 09, 2019 | 0 Comments

Equality is a noble concept and one many people turn to when deciding how to divide up their estate. There are many circumstances in which equal distribution of assets among beneficiaries is the right choice, but there are some cases where identical inheritances do not make the most sense. In suc...

What do successor trustees and executors do?

Posted by Darryl V. Pratt | Jun 09, 2019 | 0 Comments

Executor's Duties An executor, sometimes called a personal representative, is the person who is named in a will, appointed by the court, and responsible for probating the will and settling the estate. Depending on the state, an executor may work under court supervision or may use so-called “indep...

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