Thanks for laying out the difference between a will and a revocable trust so plainly. My wife and I have been putting this off for years because it all felt overwhelming. Seeing it broken down like this finally got us to schedule a sit-down this fall
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Honest question here. Is it better to form an S corp or an LLC for a small consulting business with one employee? I keep reading conflicting opinions and my accountant says it depends, which is not very helpful
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Very informative. I especially liked the reminder that a will does not avoid probate on its own. I honestly thought it did, and I bet plenty of other readers had the same misunderstanding
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