417 Business and Elder Law

www.417lawfirm.com www.417elderlaw.com Volume 15 April - June 2019 In This Issue It’s Good Business to Protect Your Personal Assets Digital Assets and Your Estate Plan Celebrating Five Years Serving the Springfield Area Where Do They Get Those Weird Names for Prescription Drugs? It’s Good Business to Protect Your Personal Assets The most important decision you make as a business owner, whether starting a new business, purchasing a business, or reviewing a current business entity, is choosing the legal structure that will protect your personal assets. Three options to consider: Doing Business As (DBA): This option is simply filing a fictit...

ADVERTISEMENT www.417lawfirm.com www.417elderlaw.com January - March 2019 In this Issue: Are You Prepared? Resolve to Save a Life and Give Importance of Organizing Blood Why You Should Get it in Documents for Your Designees How Music is Beneficial for Writing Alzheimer’s Patients Why You Should Get it in Writing These may be the four most important words for an entrepreneur or small-business owner who often operates on a “handshake” principle: Get it in writing. The challenge and excitement of starting a new business can sometimes lead to entering business agreements haphazardly or with complete trust of the other party, especially if it ...

Law Office of Sativa Boatman-Sloan, LLC 417 Elder Law - 417 Business Law Newsletter Volume 13 October-December 2018 In this Issue: VA Aid and Attendance Pension Changes October 18 7 Tips to Avoid Holiday Weight Creep Avoid Stress: Assign TODs to All Your Vehicles New Blood Test Could Predict Onset of Alzheimer’s Disease Pumpkin Spice Crazy Holiday Fun Facts VA Aid and Attendance Pension Changes October 18 Wartime veterans or their surviving spouse with limited income may be eligible to receive the VA Aid and Attendance benefit to help pay for assistance they may need in everyday activities or with long-term elder care, home care aids, ski...

Law Office of Sativa Boatman-Sloan Newsletter Volume 11 April - June 2018 In This Issue Why an Updated Operating Agreement is Important for Your LLC Protecting Your Assets When Faced With Nursing Home Care Strawberries – Nature’s Superfood Planning for the Sale of Your Business You Can Age Fearlessly Why an Updated Operating Agreement is Important for Your LLC Limited Liability Company (LLC) has become one of the most popular business entity types for solo and small business owners. It is considered to be more flexible than a corporation and has the advantage of combining the pass-through taxation of a partnership or sole proprietorship w...

Law Office of Sativa Boatman-Sloan, LLC 4650 South National, Bldg C4 Springfield, MO 65810 In This Issue Wills and Revocable Trusts: Know the Differences Full of Hot Air Top 7 Pitfalls When Buying a Business A Creative Way to Stop Memory Loss Blueberry Picking Day You’re Invited! FREE Educational Event How to Avoid Probate Tuesday, July 31 2:00 pm - 3:30 pm Creekside at Elfindale Dining Room Topics include: How to properly avoid probate. Learn the difference between a will and a trust. What are powers of attorney and why do you need them? Hosted by Creekside at Elfindale 1601 South Fort Springfield, MO Law Office of Sativa Boatman-Sloan, ...

Law Office of Sativa Boatman-Sloan, LLC & 417 Elder Law Newsletter Volume 10 Jan-Mar 2018 How Often Should I Review My Estate Plan? Although there is no set time to review your estate plan, the new year is a good opportunity to reflect on any significant changes in your life during the past year to determine if your plan still meets all your goals. Time has a way of passing quickly, and it is easy to put your plan in a safety deposit box and forget it. After all, the hard work has been done. Now you can relax and have peace of mind that your family is taken care of. Although the hard part is over in setting up your plan, it’s a mistak...

www.417lawfirm.comwww.417elderlaw.com Oct-Dec 2017 What is Probate and Why Should I Avoid it? The topic of probate brings up a lot of concerns from people who come to us for estate planning. Many have heard horror stories from families and friends. They know enough to know that they want to avoid probate, but they don’t know why or how. Probate is simply an administrative process supervised by the courts that helps in the orderly distribution of a person’s assets after death. One of the most common misconceptions people have about probate is that having a Last Will and Testament will avoid probate. Not true —Wills go through probate, alth...

Law Office of Sativa Boatman-Sloan, LLC & 417 Elder Law Newsletter Volume 8 July-Sept 2017 In This Issue What Can You Do If You Haven’t Prepared for the Nursing Home? Do Online Templates Really Save You Money? Korean War Veterans of the Ozarks Destinations Often Overlooked 2017 Walk to End Alzheimer’s – Sept 16, 2017 What Can You Do If You Haven’t Prepared for the Nursing Home? It happens far too often. A fall, a stroke, or other tragedy suddenly forces you to make difficult decisions about moving your loved one into a nursing home. Ideally, you have already made plans for when you are faced with these difficult decisions, so some str...

Law Office of Sativa Boatman-Sloan, LLC & 417 Elder Law www.417lawfirm.com www.417elderlaw.com Volume 7 Apr-Jun 2017 In This Issue Do You Have the Correct Power of Attorney Documents? Congratulations 2017 Graduates Should My Business Have a Succession Plan? Avoid the Scams Brought About by Spring Severe Weather Tulip Trivia Do You Have the Correct Power of Attorney Documents? What if an accident, illness, or even simply the effects of aging left you unable to tell your doctors what kind of medical treatment you wanted, or made it impossible to manage your financial affairs? No one likes to think about such grim possibilities, but the ...

Law Office of Sativa Boatman-Sloan, LLC & 417 Elder Law Newsletter Volume 6 Jan-Mar 2017 In This Issue Is Your Loved One With A Disability Protected? Dates to Remember Make 2017 Your Best Year Yet! February is Heart Month Do You Need a Lawyer When You Buy or Sell Your House? Add a Splash of Color to Stay Healthy IS YOUR LOVED ONE WITH A DISABILITY PROTECTED? At times we may find ourselves caring for a loved one who is unable to function independently. Whether their disability is from injury, illness, or other causes, legal and financial issues arise when the person receives sizable funds such as an inheritance or lawsuit settlement. T...