Rhodes Law Blog
Assumed Business Names (DBA) in North Carolina
What is an assumed business name? You may have heard of assumed business names under the abbreviation “DBA,” which stands for “Doing Business As.” The definition of an assumed name depends on the type of entity. For a corporation or an LLC, an assumed name is any name...
What Is Medicaid Planning?
What does it mean to plan for Medicaid? Simply put, Medicaid Planning is making the most of your resources for your long-term care. Most people have income and assets they could use for their care. Many people can also qualify for government assistance, Medicaid,...
Fiduciaries and Their Roles in Your Estate Plan
Significant trust and power is placed in the hands of a fiduciary. It is important to choose them carefully. A fiduciary is any person or institution that has the power to act on behalf of another in situations that require the utmost trust, honesty, and loyalty....
Succession Planning for Your Business
What is Succession Planning? You may wonder what is meant by the term “succession planning.” It is the entire process of transitioning your business operation to a new owner, new management team or the next generation of your family. Much more than a mere financial...