Trusts, estates, LLCs, and family limited partnerships are just some types of ownership used for properties and assets. They're gradually becoming more common because they're a good option for wealth management and the transfer of legal ownership for properties such as rental properties, personal homes, and vacation homes. The benefits of these...
It’s summertime and you want to earn extra money for your upcoming family vacation or pay down some bills. After researching several options, you decide that driving for Uber or Lyft works best. You have the flexibility to schedule pick-ups when it’s convenient for you, the pay is decent, and you already have a smartphone and a car. You sign up...
Let’s face the facts: Your clients are going to have homeowners’ claims. They are going to buy that coastal secondary home in Florida or California and call you the day of closing for coverage. They are going to rent out their seasonal home on AirBnB. They are going to tell you there is a fire department within 5 miles when there isn’t....
Over the last few years, an entirely new way to add to household income has entered the market place. It’s called the “sharing economy.” This is an exciting and profitable industry but far too often homeowners forget a crucial step: insurance. According to Forbes: “The sharing economy is currently worth about $26 billion and grows bigger each...
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