Trusting Your Instincts

Trusting your instincts can be scary, especially when it comes to making business decisions. For the creative, entrepreneurial type, it can be even scarier, since others don’t always share or understand your vision. And “[i]t wasn’t long ago that decision-by-intuition would have been regarded as little more than magical thinking or a try at luck.” But these days, “research has …

Trust – How Businesses Are Built

Trust has always been, and will forever continue to be, the very basis upon which business is built. This applies to all business relationships – whether between employers and employees, clients, and any other relationships in the marketplace. Reputation is often the “first impression” given by an organization or individual, and so its importance cannot be overstated; in today’s digital …

Investor Education – Tax & Estate Planning: Restricting a Beneficiary’s Access to Principal

By Wayne Cooper There are two ways a beneficiary can access principal of a trust. A beneficiary may be entitled to an automatic distribution or an allowable withdrawal from the trust or a trustee could have discretion in making distributions to the beneficiary.  In the past, many estate planning lawyers would provide a beneficiary access to trust principal on attaining certain …