Month: April 2023

What is a breach of contract?

On Behalf of Schmidt & Yee, P.C. | Apr 24, 2023 | Business Law

When you want to buy a home or transact with another business for products and services, you may enter into a legal agreement or contract. Doing this protects your interests and sets out a framework for the terms and conditions of the arrangement. What happens when...

Who could benefit from a spendthrift trust?

On Behalf of Schmidt & Yee, P.C. | Apr 7, 2023 | Estate Planning

One of the benefits of a trust is that there are different types of trusts you can create. If you do not feel comfortable giving your children a lump sum inheritance through a traditional trust, a spendthrift trust could be the solution. Smart Asset explains that a...