Advisory Articles
Using a Valuation Expert to Help with Chapter 11 Bankruptcy
Posted by William Allen on June 16, 2020
As a result of COVID-19, the number of businesses filing for bankruptcy is expected to skyrocket this summer. Here's an overview of the options under the U.S. Bankruptcy Code — and how a business valuation expert can be a valuable asset during this process.
Guardianship: Planning For Your Children’s Best Interests
Posted by Robert Ingrasci on June 11, 2020
If you haven't already named a guardian for your minor children, the COVID-19 pandemic may spur you to act. Should you and your spouse die or become incapacitated, you don't want to leave the decision up to a court. And what if you're seeking to become the guardian of a child?
COVID-19 FAQ: Insurance
Posted by James Dunn Jr. on June 02, 2020
Here are answers to some of the most frequently asked questions for insurance organizations, along with relevant resources to help in their response to the pandemic and in planning for the future.
College Costs: How to Maximize Your Return on Investment
Posted by Jeffrey Budzinski on May 27, 2020
Many families view college as an investment in their children's futures, but the novel coronavirus (COVID-19) pandemic is causing families to reevaluate their options — and, in some cases, make major, life-altering changes. Here's an overview of how much it currently costs to pursue an undergraduate degree and strategies to consider to cut higher education costs during these uncertain times.
Helping Elderly Parents with Estate Planning
Posted by D’Marie Murray on May 11, 2020
If you're caring for elderly parents, you probably don't have a lot of extra time to think about estate planning, but if your parents have neglected to make a will and prepare other important legal documents that help ensure their wishes are carried out, make it a priority.
Make a Lasting Charitable Gift with a CRT
Posted by Cheryl A. Jankowski on May 05, 2020
The COVID-19 pandemic may have you thinking about how you can help those whose health and financial security has been imperiled by the virus. With a charitable remainder trust (CRT) you may be able to support a favorite nonprofit and also enjoy lifetime income and current tax benefits. Learn more about how CRT might fit into your estate plan.
Should You File a Business Interruption Claim for COVID-19 Losses?
Posted by Louis Cercone Jr. on May 01, 2020
For businesses with business interruption insurance policies in place, now may seem like the ideal time to submit a claim. However, as it stands currently, there's much disagreement regarding whether business interruption insurance policies should cover loss of income triggered by the pandemic.
Accounting for Change - Nonprofit Tips for Navigating the COVID-19 Crisis
Posted by Jonathan Urban on April 24, 2020
The positive impact you have on your community as a nonprofit has the power to reach far beyond local geography, it is limitless. But now, in the face of COVID-19, you feel its limits. How do you keep track of all you need to do, normally, while having the resources to manage an ever-changing crisis?
Business Continuity Plans
Posted by Jeffrey Budzinski on April 22, 2020
As a business owner, you’ve worked hard for your success. The long hours, the difficult decisions, and the sacrifices you have made have led to where you are today. The last thing you want is to suffer a disruption to your business. However, in the event that you do experience an unavoidable mishap, it may be smart to have a Business Continuity Plan (BCP) in place.
FAQs on New Paycheck Protection Program
Posted by Sara Dayton on April 22, 2020
The Coronavirus Aid, Relief, and Economic Security (CARES) Act provides financial relief to businesses and families that have been adversely affected by the coronavirus (COVID-19) pandemic. The centerpiece of the new economic stimulus plan for the business sector is the massive Paycheck Protection Program (PPP). This program — which kicked off on April 3 — provides a wide range of benefits for businesses on the front lines of the COVID-19 pandemic.