Latest from ENTREPRENEUR'S BUSINESS BLOG

For couples in second or later marriages—especially where one spouse brings significantly more wealth into the relationship—estate planning can be, well, delicate. You want to protect your assets, preserve harmony, and avoid triggering unnecessary taxes. The Lifetime QTIP Trust might be exactly the tool you’re looking for.
What Is a Lifetime QTIP Trust?
A Lifetime QTIP (Qualified Terminable Interest Property)

You’ve worked hard to build wealth—but if you’re married and don’t plan ahead, the IRS could be one of your largest beneficiaries. The good news? Federal estate tax is often described as a “voluntary” tax—and we tend to agree. With proper strategy, most families can significantly reduce, or even eliminate, what they owe.
One of the lesser-known tools in this

When it comes to estate planning, many people assume they can leave their assets to whomever they choose. And while that’s often true for distant relatives or even your own children—your spouse is a different story.
In most U.S. states, you can’t simply disinherit your spouse with the stroke of a pen—at least, not without their consent.
Here’s what you

Running a business with your spouse can be deeply rewarding—shared vision, shared success, and complete alignment. But when both your family life and your financial future are tied to the same business, thoughtful planning becomes non-negotiable. For entrepreneurial couples, the key is creating structure, protection, and flexibility that safeguard both your personal and professional life.
Separate Business and Family Finances

You’ve finalized your divorce. The decree is signed, the lawyers are done, and you’re finally ready to move forward. But before you close this chapter entirely, there’s one critical step left: revisiting your estate plan.
Whether you previously created an estate plan with your former spouse or not, your divorce dramatically alters your financial and legal landscape. Proactive estate planning

Marriage brings many things: partnership, shared vision, and inevitably, shared responsibilities. As you build your life together, thoughtful estate planning becomes one of the most powerful ways you can continue protecting your spouse, no matter what the future holds. For high-net-worth couples and entrepreneurial families, advanced estate planning tools offer a unique level of flexibility, control, and long-term protection.
Lifetime

In a world where over 295 million Americans use social media (Statista, 2023), it’s clear that platforms like Facebook, Instagram, and YouTube have become integral parts of our lives. But have you ever stopped to think about what happens to your social media accounts when you’re no longer here? If you’ve spent years curating content, building an audience, or sharing

Social media connects us in ways that were unimaginable just a few decades ago, allowing individuals to build communities, influence trends, and, for many, generate income. If your social media presence has evolved into a business, whether through selling products or endorsing brands, it’s crucial to ensure you’re fully protected. Here are five essential questions every social media influencer should

Being self-employed is an incredible journey—you’re your own boss, charting your own path, and reaping the rewards of your hard work. But let’s be real: with great freedom comes great responsibility. Whether you’re a solo entrepreneur or leading a small team, the weight of running your business (and planning for the future) rests squarely on your shoulders.
The good news?