It has become a common sentiment in our society that everyone should go to college. While I don’t want to discount the benefits of a four-year university, I’d like to speak directly to the astoundingly overlooked and undervalued alternative. There is a substantial and growing demand in the United States for more skilled workers. Mike Rowe of Dirty Jobs is one of the most prominent and outspoken proponents for these vocations. According to Rowe, there are 3 million...
Although we don’t want to admit it, many of us will at some point in our lives have to deal with incapacitation due to health. One of the most stressful things a person can deal with is what to do with the finances of a loved one under those circumstances. The law created power of attorney so that if a person becomes incapacitated, someone they trust can take care of their financial and medical affairs. Creating a power of attorney makes life can life much easier, not to mention it’s relatively inexpensive.
Holidays are a time of joy and celebration. Unfortunately, these gatherings of people put more cars on the road, and an increase in drivers typically yields an increase in the number of accidents. On New Year’s, the number of drunk drivers skyrockets. The same can be said for Christmas Eve, Thanksgiving and Memorial Day. Halloween is an exceptionally dangerous day for children. More pedestrian accidents occur on October 31st than on nearly any other day of the year. Some refer to the day before Thanksgiving as “Blackout Wednesday”. This is another surprisingly dangerous day, with DUI stats through the roof...
Trusts are a great way of keeping the government's hands out of your savings. By means of a trust, many are able to pay a significantly lower tax rate on their yearly earnings. You work hard for what you have. You don’t want to see your money squandered away due to astronomically high tax rates or poor fund management. Forming a trust is a great way to insure your savings are kept safe for your children and grandchildren to come...
Getting your record cleared is much easier in Alabama now that a new law has passed. This new expungement law affects people who had their cases dismissed or pleaded in misdemeanor cases. The expungement law also applies to non-violent felonies. This is incredible news for anyone out there who feels haunted by past mistakes. Without an expungement, employers can see past transgressions, even if you were found not guilty. Under the new law though, even if your arrest was back in college, you are well within your rights to apply for expungement; there is no time limitation for this process. Once expunged, in the eyes of the law, it’s as if the incident never happened...
Governor Bentley recently approved the Alabama Limited Liability Company Law of 2014. This law, which went into effect at the start of 2015, greatly affects Alabama business owners operating under an LLC. Currently the act only applies to LLCs created after January 1, 2015. On January 1, 2017 though, all existing LLCs will become bound to the new law. The law redefines how we create, operate, and understand LLCs. We’ve highlighted a few noteworthy parts of the law below...
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