The incidence of identity theft is nearly doubling each year. Access to information, credit through machines and anonymous sources had lead to this new financial problem. Often the effects of identity theft are devastating on the victim. The victim cannot get credit, will receive countless phone calls until late hours of the night, and will have their entire financial lives turned upside down for possible years. Identity theft is often frustrating and difficult to deal with...

The time is ripe to sell a business! With interest rates being low, the economy growing, capital and ordinary gains tax rates being low, and tax rules as they are, now is the best time to sell a business. Sellers under these circumstances will get maximum value for their business and buyers will be able to borrow money at low interest rates to help in financing the acquisition...

Starting and running a business can be challenging. Most business owners are intent on getting the day-to-day and year-to-year tasks done. For them making money in business means ultimately showing positive cash flow and a bottom line profit. With this mindset, entrepreneurs often figure they will create and carry out their exit plans at some indefinite time in the future...

Many people want to enrich their children and grandchildren with their wealth, possessions, and business interests which they own. The problems in the past have been inability to control the assets once they are given and the potential of facing estate tax issues when assets are substantially appreciated. The device known as The Family Limited Partnership or FLP has been developed through case law and has survived scrutiny from the IRS to become a legitimate estate...

Many people dream of owning their own business. They see setting their own hours, getting the deal, making cases of money, and early retirement in their future. Other people (the realistic people) attach a time frame to it and make it happen. They realize that if they are to succeed, "setting their own hours" will involve working until midnight. To them, they know that "making money by the case load" will also mean paying out an evening bigger case of money. Quite simply, they realize this is...