opinion
Who owns an LLC in North Carolina?
members The owners of the LLC are the “members” as defined in the North Carolina Limited Liability Company Act (the “Act”), found at Chapter 57D of the No...
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Opinion
opinion
What happens if you have no money saved for retirement?
When you don’t save for retirement, your choices become more and more limited as you age. If you don’t own your home outright (meaning no mortgage debt) a...
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opinion
Do I own my principal residence?
Simply put, a principal residence is where an individual or family spends most of its time. Establishing a property as your principal residence means you ...
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opinion
Which is the best way to pay off credit card debt?
Here are a few strategies you can use to help you pay off credit card debt. The first step to paying off your credit card debt is figuring out exactly how...
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opinion
What do we need to do to adjust the unadjusted trial balance?
Here are the steps used to prepare an adjusted trial balance: Run an unadjusted trial balance. This provides an initial summary of your general ledger acc...
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opinion
Can a car dealer go back on a deal?
If you buy a car that is financed through the dealership, the dealer CAN cancel the contract, but only if it notifies you within 10 days of the date on th...
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opinion
Can you lose money in a diversified portfolio?
One way to balance risk and reward in your investment portfolio is to diversify your assets. Remember, diversification does not ensure a profit or guarant...
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opinion
What happens if you have been on disability for 35 years?
Image source: Social Security Administration. Obviously, for those who have been disabled for a long time, accumulating a 35-year work history is impossib...
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opinion
Why is my 401k losing so much money?
Your 401k is losing money because investments fluctuate. From any given moment your balance will decrease or increase depending on the market conditions. ...
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opinion
Do trusts have financial statements?
There is no legal requirement for a trust to prepare financial statements but some trust deeds include such an obligation along with other unnecessary req...
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