17 December

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Should You Adopt the Zuckerberg Strategy and “Donate” to an LLC?

Facebook founder and CEO Mark Zuckerberg made headlines after announcing that he would be “donating” the bulk of his $45 billion fortune to charity. In some corners, Zuckerberg was derided since his “donation” was to a Limited Liability Company, as opposed to a charitable trust or actual charity, according to the Washington Post. The Zuckerberg-Chan Initiative (the LLC) will receive $45 billion worth of Facebook shares that Mr. Zuckerberg owns. So, in reality, no real charitable donation was made. Though, Zuckerberg has publicly stated that his LLC will focus on important charitable and public causes such as curing disease, advancing...

09 December

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Why Long-Term Care Funding is a Critically Important Investment for Your Future

Posted by KarenLewis

in Bobby's Blog

November was long-term care awareness month. Regardless which month it is, at InSight Law, we encourage all of our clients to have some type of long-term care plan in place, since you never know if and when you may need an in-home nurse or will need to reside in a long-term care facility. There are several different strategies that you can employ to address your long-term care funding needs. Strategies I have seen are: buying a straight long term care policy to fully fund your daily needs, buying a straight long-term care policy to partially fund your daily needs and then self-funding the remaining...

13 November

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Don’t Let Your Long-Term Care Insurance Lapse

Posted by KarenLewis

in Bobby's Blog

The median annual price of a private room in a nursing home is over $90,000, according to Genworth Financial. Many people attempt to defray these exorbitant costs by purchasing long-term care insurance. But here is something that may blow your mind - more than a third of people with long-term care insurance policies at age 65 let their coverage lapse before they pass on, without reaping the benefits the policy may offer, according to Forbes.com. Specifically, men and women at age 65 have a 32 percent and 38 percent chance of lapsing prior to their death. Understand, when you coverage lapses,...

11 November

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Form 3115 for a Cash to Accrual Method for Small Businesses

Posted by KarenLewis

in Legal Advice, Necessary Forms

We aim to lead in each practice and area of law we work in. Coming from in-depth understanding of the law and the industry, capitalizing on extensive experience, we provide hands-on advice that speaks the language of our client’s business. Whether in aviation, sales and distribution, antitrust, corporate and M&A, finance, employment, energy, IP, litigation, TMT, real estate, or any other area of law, our clients can expect excellence and commitment to their objectives. Ensuring the operational functioning of the organisation, the development of external relations, management of press relations and constant communication with the press....

09 November

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There are times when we are powerless to prevent injustice, but there must never be a time when we fail to protest.

— Elie Wiesel

Posted by KarenLewis

in Cultural Schemas, High Pressure, Training

08 November

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Specialist Help; Providing Free Legal Advice

Posted by KarenLewis

in Cultural Schemas, Legal Advice, Training

07 November

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The Difference between Legal Information and Legal Advice

Posted by KarenLewis

in High Pressure, Legal Advice, Pro Bono Work

06 November

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How To Write Legal Statements AndCorporate Position Papers

Posted by KarenLewis

in High Pressure, Necessary Forms, Training

03 November

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Long-Term Care – Why You Need to be Prepared

Posted by KarenLewis

in Bobby's Blog

It is an undeniable fact - we are living longer. By the year 2050, people in their 90s will increase four fold. That means the number of senior citizens (i.e. age 65+) will more than double, according to an article by J. Brendan Ryan. Many seniors need long-term care. In fact, over ninety percent of seniors’ health care costs today are attributable to chronic diseases like arthritis, diabetes, etc. The likelihood of a senior citizen needing long-term care at some point in their lives is extremely high – nearly 70 percent. Millions of unpaid caregivers helps the sick, elderly and disabled. This...