Scarborough Law, LLC.

Call Now For A Free Case Evaluation

(844) 329-6469

Scarborough Law, LLC.

Blogs

Scarborough Law is working hard behind the scenes at keeping you up to date with the ever changing by laws and latest news updates. When it comes to legal matters, laws and policies are ever changing. Staying informed is pivotal. Our blog publications help our clients stay in the know about changes that may affect them.

  • Published: December 6, 2019

In the first part of this series, we discussed what effective bookkeeping looks like, and here we’ll provide a handful of bookkeeping best practices you can implement with your bookkeeper. It can be easy to overlook the vital role your bookkeeper plays in your business. In the not-so-distant past, bookkeepers were often viewed as little more than glorified administrative assistants, whose primary job was to ensure a company’s income and expenses were recorded accurately. To save money, some business owners (maybe even you) might also forgo hiring a bookkeeper all together and try to do…Read More

  • Published: November 26, 2019

Who wants to think about estate planning over the holidays? I do, and I must, because, as an Estate Planning Attorney, it is my job to ensure families are protected and kept out of court and out of chaos. I don’t want to be a bummer over the holidays, but it’s a fact that increased travel and activity over holiday weekends can significantly increase fatalities. In 2018, 15 traffic-related deaths were reported by Georgia Highway Patrol, along with 242 traffic-related injuries from 610 crashes over the 102 hours of Thanksgiving travel. Christmas 2018 was even…Read More

  • Published: November 14, 2019

Money is the lifeblood of your business, and arguably no member of your team does more to support you with the management of your cash flow than your bookkeeper. In fact, the very first team member you hire should be a bookkeeper—and that person should not be you. If you’re serious about your business, you should not be doing your own bookkeeping. The job is simply too critical to your company’s success for you to try and fit it in with all of your other responsibilities. And the role really should be filled by a…Read More

  • Published: November 7, 2019

In the first part of this series, we discussed the initial steps for saving big on your 2019 taxes. Here, we describe the next steps in the process.  Taxes are a thorn in just about every entrepreneur’s side. Indeed, taxes are your single biggest business expense. That said, it’s fairly easy to reduce the amount of sting taxes cause—but you do have to be proactive. And we’re not talking about doing anything illegal. We’re not suggesting you evade paying taxes; that’s a recipe for disaster. We're suggesting you do what practically every highly successful business…Read More

  • Published: November 4, 2019

When you first realize that your biggest personal and business expense—bar none—is taxes, it can come as quite a shock. Seeing so much of your hard-earned money wind up in the government’s hands can feel like a shakedown. Yet focusing a relatively small amount of time and effort into strategically reducing your taxes can pay major dividends. Some people resist implementing creative tax strategies because they’re worried it’s going to get them in trouble with the IRS. However, as long as you do things correctly, there’s absolutely nothing illegal or risky about strategizing to pay…Read More

  • Published: November 4, 2019

Committing to a conscious divorce means protecting your children from end-of-marriage related trauma. When the marriage ends in a cooperative manner, divorce can be transformed from a contentious event into one that can inspire healthy growth. In fact, engaging in divorce with a positive focus can better prepare both you and your kids for your new lives. But getting the divorce finalized is only the first step. Where the rubber really meets the road is how you navigate your new relationship as a co-parent. To this end, it’s vital you keep the same mindful, child-centered…Read More

  • Published: October 30, 2019

If this article exposes any potential gaps or weak spots in your plan, meet with a Personal Family Lawyer to learn how to properly address them.   When it comes to putting off or refusing to create an estate plan, your mind can concoct all sorts of rationalizations: “I won’t care because I’ll be dead,” “I’m too young,” “That won’t happen to me,” or “My family will know what to do.” But these thoughts all come from a mix of egoic pride, denial, and above all, we imagine, a lack of real education about estate…Read More

  • Published: October 23, 2019

When you have a family member with special needs, it is important to understand that your estate planning strategy is unique and requires the assistance of an attorney experienced in creating Special Needs Trusts. If an inheritance is left directly to your family member with special needs, it could result in the loss of essential government benefits that assist with the cost of his or her care. A Special Needs Trust permits an individual that is 65 years or younger to receive certain resources beyond what is supplied by Medicaid without making him or her…Read More

  • Published: October 21, 2019

When you first realize that your biggest personal and business expense—bar none—is taxes, it can come as quite a shock. Seeing so much of your hard-earned money wind up in the government’s hands can feel like a shakedown. Yet focusing a relatively small amount of time and effort into strategically reducing your taxes can pay major dividends. Some people resist implementing creative tax strategies because they’re worried it’s going to get them in trouble with the IRS. However, as long as you do things correctly, there’s absolutely nothing illegal or risky about strategizing to pay…Read More

  • Published: October 16, 2019

Following the death of the policy holder, the way in which proceeds from a life insurance policy are paid to the beneficiary (or beneficiaries) is known as the settlement option. And you might be surprised to learn that there are a variety of settlement options available besides the most common method—a lump-sum payout. Depending on the life insurance company and policy, these options may be selected by the policy holder ahead of time or chosen by the beneficiary upon the insured’s death. Whether you’re the policy holder or beneficiary, it’s important that you understand these…Read More

Page 1 of 8:12345... 8»