In Part One and Part Two of Choosing a Trustee for Your Special Needs Trust, I described the numerous duties of a Special Needs trustee and the different factors that must be considered in choosing the trustee. In this final post, I offer some suggestions as to how to make that choice in order to… Read More »
Monthly Archives: August 2009
Choosing a Trustee for Your Special Needs Trust: Part Two
In Part One of Choosing a Trustee for Your Special Needs Trust, I discussed all the different responsibilities and jobs a trustee must fulfill to properly administer the trust. It is also important to really assess both the current and potential future needs of your child. Considerations to Use in Choosing a Trustee There are… Read More »
Don't Sign a Contract without Understanding What You're Agreeing To
Contracts are a fact of life for a small business owner. Employment agreements, vendor contracts and even the lease for your storefront or office are all contracts. It is vitally important to understand all the different provisions found in these agreements, but I frequently hear clients state that they sign contracts without understanding or even… Read More »
Choosing a Trustee for Your Special Needs Trust: Part One
Choosing a trustee to manage your child’s Special or Supplemental Needs Trust is one of the most difficult decisions you will have to make. That decision alone often stops parents from taking the next step of setting up an appointment with an attorney who has expertise with drafting Special Needs Trusts. After all, how can… Read More »
NY LLC Publication Requirements are a Burden for Small Businesses
In order to form a Limited Liability Company (LLC) in New York, the LLC must first choose an available business name, the county in which your LLC will be located, and prepare and file Articles of Organization with the Department of State along with a check for $200. However, if you do not take the… Read More »
More Twitter Tips for Small Business Owners
I know what you are thinking–“oh, no, not Twitter again.” But yes, I believe that small businesses need to keep up with new technology and marketing to survive. I confess that I had to be rather forcefully encouraged to join Twitter. We are all busy enough with the numerous other tasks associated with running our… Read More »
Disabled Students Paddled More Often in School
According to a study just released, disabled students are subjected to corporal punishment at a far higher rate than other students. The American Civil Liberties Union and Human Rights Watch collaborated on the report entitled “Impairing Education: Corporal Punishment of Students with Disabilities in US Public Schools.” According to the report, at least 41,972 disabled… Read More »
Disaster Planning for Long Island Small Businesses
One of my favorite resources as a small business owner is the New York Times Small Business section. Several months ago, the Times started a blog aimed at small business owners entitled “You’re the Boss–The Art of Running a Small Business.” While not every post will resonate with every small business owner, the articles are… Read More »
How to Incorporate Your Sole Proprietorship
Although the plethora of inexpensive online incorporation and LLC formation services would have you believe that all you need to do to incorporate your small business is fill out a simple form, pay a few dollars, and voila! your business is incorporated, this is even less true if you have already been running your business… Read More »
Is Funding a Special Needs Trust a Guessing Game?
How do parents of children with special needs, whether that child is 5 or 35, predict just how much money their disabled child will need for their future comfort? There are many variables to consider, including: life expectancy; the rate of inflation; investment return; the amount of benefits the government will provide decades from now… Read More »