Build Your Business on the Right Legal Foundation Starting or transitioning a business is not just about having a great idea. It is about having the right legal foundation. At Ruddy Law Firm, we guide business owners, investors, and entrepreneurs through every stage so your business is protected today and positioned for growth tomorrow. Corporations…
Estate Planning Is Not Just About Death Why Incapacity Planning Matters Many people believe estate planning is only about what happens after death. While that is an important part of the process, it is only one piece of the estate planning puzzle. It is just as important to plan for what happens if you become…
Why Updating Your Estate Plan Matters Creating or updating your estate plan is an important part of taking control of your finances. When proper plans are in place, you gain peace of mind and security for yourself and your family. Here are three key questions to ask yourself when reviewing your estate plan. 1. Am…
Estate Planning for Troubled Adult Children Protecting Your Legacy While Protecting Those You Love When you think about the future, you want to believe that everything you leave behind will help your children thrive. But what happens when one of your adult children is facing challenges that make financial responsibility difficult Whether it involves addiction,…
The Importance of Efficient Record-Keeping for Small Business Owners For small business owners, efficient record-keeping is not just a best practice—it’s a critical component for success and sustainability. In today’s fast-paced business environment, staying on top of your records isn’t just about maintaining organization; it’s about ensuring your business remains compliant, financially healthy, and able…
Secure Your Business’s Future: 3 Essential Steps to a Successful Succession Plan As a successful business owner, you’ve poured years of hard work, dedication, and sacrifice into building your company. You’ve mastered the art of sweat equity and know the value of perseverance. But what happens when you can no longer run your business due…
Understanding the Pros and Cons of Probate in Estate Planning In estate planning circles, the word “probate” often carries a negative connotation. Many financial planners recommend keeping accounts and property out of probate whenever possible, especially for individuals with significant assets. However, probate exists for an important reason. It is a system designed to protect…
Secure Their Future: Estate Planning Starts with Your Priorities Thinking about what happens after we are gone is never easy, but it is one of the most meaningful ways to protect and care for the people we love. A well-crafted estate plan reflects your values, safeguards your assets, and ensures your wishes are honored. It…
How Digital Assets Fit Into Your Estate Plan In today’s world, so much of what we own lives online. When someone passes away, an executor is responsible for gathering, protecting, and managing all estate assets. That is straightforward when assets are physical, but digital property brings new challenges. An executor cannot manage what they cannot…
Thinking of Naming an Executor? Here’s What You Need to Know Have you been asked to serve as an executor, or are you choosing someone to fill this role in your own estate plan? Before saying yes, or assigning the responsibility, it’s important to understand exactly what the executor does and why the choice matters.…