Business News

What is an Irrevocable Trust?

A trust is an estate planning tool that allows a person to control their assets during their lifetime and make provisions for incapacity and death. Many trusts are revocable, however, irrevocable trusts can be an incredibly useful way to plan for your future.

We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here).

One thing you should know about irrevocable trusts is that, unlike revocable or living trusts, irrevocable trusts cannot be changed or amended. They are set in

…

Morning Business Report: Bud Light contractor to shut down two bottling plants – 41NBC News

A major contractor for Ahneuser-Busch, the maker of Bud Light, is shutting down two of its glass bottling plants in the United States. The Ardagh Group is one of the largest glass producers in the world, with over 100 plants in operation. These shut downs come after a decline in sales, following the marketing partnership between Bud Light and trans influencer Dylan Mulvaney. According to the New York Post, workers at both plants noticed a decrease in production amid the backlash. The two plants slated to shut down are located in South Carolina and Louisiana. About 600 employees will be

…

The Dangers of the EHR

Electronic Health Records can be an incredibly helpful tool. However, they are not without fault. A recent warning highlights that electronic health records (EHRs) are a top target of cybercriminals. They can also lead to inappropriate billing if they are not set up correctly.

We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here).

The Health Sector Cybersecurity Coordination Center (HC3) issued a warning to healthcare entities regarding EHR vulnerabilities and protections.

Protected health information (PHI) continues to hold its …

New Baby? Time to Update Your Estate Plan

We often have clients ask us when the best time to do their estate plan is and the answer is usually, right now! This is especially true for people turning 18 years old, people who don’t have a plan, and people who have had recent life changes.

We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here).

One event that should trigger you to meet with an estate planning attorney is a new baby. When you are expanding your family,

…

BuzzFeed News to be shuttered in corporate cost cutting move – Business News

Photo: The Canadian Press

FILE – The entrance to BuzzFeed in New York was seen on Nov. 19, 2020. Pulitzer prize winning digital media company BuzzFeed is cutting about 15% of its staff, according to multiple media reports. In a memo sent to staff, co-founder and CEO Jonah Peretti said that the New York company was going to start the process of shutting down its news division, and that cuts would also occur across its business, content, tech and administrative teams. (AP Photo/Ted Shaffrey, File)

Pulitzer Prize winning digital media outlet BuzzFeed News is being shut down as part of

…

How Do I Update My Compliance Risk Assessment?

Compliance Risk Assessments are critically important in healthcare practices. When used correctly, they can save entities from fines, problems and consequences.

We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here).

While almost everyone is familiar with a HIPAA Risk Assessment, many practices have not completed a full Compliance Risk Assessment.

A Compliance Risk Assessment is a process for healthcare entities to determine what risks exist, evaluate potential risks and focus resources to address the most significant risks.

Compliance Risk

…

Hundreds of thousands are without power as tornado-spawning storms batter the Southeast and Ohio Valley

Severe tornado-spawning storms battered the Southeast and Ohio Valley, knocking out power to more than 615,000 homes and businesses across multiple states.

Stormy sky and rain. apocalypse like(Getty Images/iStockphoto/Evgeny555)

(CNN) — Severe tornado-spawning storms battered the Southeast and Ohio Valley, knocking out power to more than 615,000 homes and businesses across multiple states.

A possible twister damaged dozens of homes in Bargersville, Indiana, on Sunday as thunderstorms moved through the state, threatening hail and damaging winds. As they shifted through the rubble, Bargersville residents were warned to prepare to be without power for

…

Unveiling the Magnificence: The Largest Diamond Mine in the World and Its Connection to Ethical Engagement Rings in the UK

Diamonds have long captivated the human imagination with their exquisite beauty and undeniable allure. The journey of a diamond begins deep within the Earth, where it forms over millions of years. In this article, we will explore the largest diamond mine in the world, an awe-inspiring testament to nature’s wonders. We will also examine the importance of ethical engagement rings uk , emphasizing the significance of responsible sourcing and sustainable practices in the diamond industry.

The Mir Mine: Unveiling Nature’s Treasures

The Mir Mine, located in the eastern part of Siberia, Russia, stands as the largest diamond mine in the …