School’s out in most places. Summer is here. And with it? We are halfway through 2019. For some small businesses, yesterday (June 30) was the end of the fiscal year. So it’s a new year for them. If you’re in the United States, this can also be a bit of a disjointed week. Independence Day falls on Thursday. Many folks (including everyone else in our office) have taken the week off. It’s a good time to enjoy some quiet and review the first half of 2019 and do some planning for the second half of the year.

Check Your Wills And Trusts

My financial advisor friend Tony would tell you it’s always a good time to check your will to see if it needs to be updated. Especially if it’s been a while, a quick check-in is a good idea. For many of my clients, the end of the quarter is also a good time to check their My Personal Planning Essentials checklist to make sure it’s up to date as well. If you don’t have one, feel free to click the link and have one sent to you. Even if you aren’t a client, it’s a good resource to keep handy with your will.

Annual Meeting

For businesses with a fiscal year ending on June 30, 2019, it’s the end of the year. As the fiscal year ends, you probably need to have an annual meeting. The prospect of an annual meeting may sound more daunting than it actually is. In reality, you really need to prepare some corporate resolutions and some corporate minutes and you’re all set. If you’re a large public company, you’ve got to make sure you give notice to your shareholders and you hopefully have an attorney who is advising you on what to do. But for small businesses, an annual meeting can be equally important and an attorney can help guide you through the process.

Prenuptial Agreement

Maybe you got engaged – Congratulations! You and your beau are putting together your perfect Fall 2019 wedding. There can be food tastings, DJ auditions and other fun things to try before the big day. But you also may want to consider a prenuptial agreement. For many of my clients, a prenuptial agreement is a good idea. It may seem like it is an intimidating conversation, but it doesn’t have to be. Others have been given a prenup and just need someone to review it with them. No matter which end of the spectrum you are on, speaking to an attorney about whether you need a prenup (or reviewing a prenup you’ve been given) is a good use of your time.

Next Steps

If now is a good time for you to take any of these steps, call my office to set up a meeting and we can review the best options for you – (877) AMAYERS.

Andrew Ayers
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I work with business and estate planning clients to craft legal solutions to protect their legacies.
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