If you're going in as a partner and the business gets sued, there is a possibility that your assets will not be protected. The four D's are death, disability, divorce, and disagreement or distress. You'll want to create airtight agreements that govern the four Ds. If Kellogg Corporation gets sued Paula and you have stock in Kellogg, this will be the same thing on a micro level if it's set up correctly.
#425: Ellen’s dad died unexpectedly. Her mom is clueless about finances. How does she help a 70-year-old unravel financial complexities?
Mike has an opportunity to buy into his friend’s growing business. What should be his legal, financial, and relationship considerations?
Pepp wants to know what’ll happen to her Restricted Stock Units when her company goes private.
An anonymous caller needs to build her nest egg. She’ll be a full-time student with no income. She has 20 years until retirement. Should she execute a Roth conversion?
Former financial planner Joe Saul-Sehy and I tackle these four questions in today’s episode.
Enjoy!
P.S. Got a question? Leave it here.
For more information, visit the show notes at https://affordanything.com/episode425
Learn more about your ad choices. Visit podcastchoices.com/adchoices