SANSONE LAW BLOG

Jun
14
Five Reasons Business Owners Need Estate Plans

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Business owners are notorious for engrossing themselves in the day-to-day management and functions of their businesses. As a business owner, you are likely the heart and soul of the company you lead, as you have built unique relationships with your customers, employees, contractors, and suppliers.


As we all know, life is often unpredictable. Imagine that tragedy strikes and you, as the business owner, are in a car accident and are severely injured or killed, which leaves you unable to make decisions or care for yourself and your family. What will happen to your business in such a situation? Who will take over your role? We do not know what tomorrow holds. Circumstances like this can happen to...


Apr
30
How Refinancing a Property Can Affect Your Estate Plan


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The mortgage business is booming in many parts of the country. Low interest rates have created an almost frenzied environment with homeowners scrambling to refinance their home loans at these low interest rates. Even a few tenths of a percentage point of interest, over thirty years, can make a massive difference in the amount of interest that is ultimately paid on a loan. For many, it makes perfect sense to take advantage of these interest rates. Aside from the transaction fees associated with refinancing, there is frequently little to no downside to refinancing in times like these.

However, one often overlooked consideration is the impact that refinancing your home could have on your esta...


Oct
12
Three Common Reasons People Procrastinate on Their Estate Plan

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There’s no doubt it can feel challenging to get motivated about your estate plan. You might feel uncomfortable thinking, let alone talking, about death. Maybe you feel you just don’t have time to complete what you anticipate will be a long and stressful process. Or, the whole idea of an estate plan may just seem confusing. Even if you have one or all of these thoughts running through your mind, you also likely want to make sure your loved ones are protected and receive your hard-earned money and property if something happens to you.


These are some of the most common reasons people provide when asked why they still do not have an estate plan in place. Do not let these common road...