Are you wondering whether it would be held against you if you didn't leave your children with equal portions in your will? Read on and discover some circumstances under which it may be acceptable for you to distribute your estate unevenly among your children.
Past Loans and Gifts
You may decide to give a particular child a smaller share of your estate if you gave that person a loan earlier on and they didn't pay it back.
Franchising can be quite lucrative, mainly if prospective business owners try to invest their time and money in an international or national franchise that has a competitive edge in a given niche market. Franchising requires you to prepare your legal paperwork to protect your future business. For example, most franchise disclosure agreements and documents provided by a franchisor are very bulky and contain legal jargon that only qualified franchise lawyers can interpret and advise you accordingly.
Selling goods on credit can be beneficial for your business. In simple terms, this purchase option is favourable in increasing profit because it allows the buyers to spend more on your merchandise without the stress of immediate payment. The practice also promotes good relationships with customers, ensuring better retention of clients. Unfortunately, not all debtors will pay for the obtained merchandise on time. In such cases, you will need to contact the customer to request payment.