By Ken Bloom, J.D., LLM
As people approach retirement, they rightfully spend a lot of time thinking about whether their retirement portfolio will enable them to live the lifestyle they desire during their retirement years. But one area many retirees neglect is their overall...
News & Articles
Common Mistakes in the Estate Planning
Review Estate Planning Needs To Avoid Common Mistakes
By Ken Bloom, J.D., LLM
During the recent economic downturn and credit crisis, many people are trying to spend less, save more and make better financial decisions. But one area many people don't spend...
By Ken Bloom, J.D., LLM
During the recent economic downturn and credit crisis, many people are trying to spend less, save more and make better financial decisions. But one area many people don't spend...
DIY Legal Websites Can Lead to “Legal Doom”
By Ken Bloom, J.D., LLM
Bloom, Bloom & Associates The proliferation of do-it-yourself information available on the Internet today can help people do just about everything, from fixing a leaky faucet to diagnosing the pain in your back. And while videos on YouTube that show you how to...
Bloom, Bloom & Associates The proliferation of do-it-yourself information available on the Internet today can help people do just about everything, from fixing a leaky faucet to diagnosing the pain in your back. And while videos on YouTube that show you how to...
Revocable Living Trust Can Help Reduce Potential Estate Taxes
By Ken Bloom and Jonathan Goldberg
On December 17, 2010, President Obama signed into law The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (the "Act"). As a result of the Act the estate tax exemption has been temporarily increased to $5...
On December 17, 2010, President Obama signed into law The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (the "Act"). As a result of the Act the estate tax exemption has been temporarily increased to $5...
Baby Boomers Need to Prepare to Help Aging Parents with their Financial and Estate Planning Issues
By Ken Bloom, JD, L.L.M.
As the Baby Boomer generation approaches retirement age, most are concerned about whether their pension and investment portfolio will be sufficient to maintain their lifestyle during retirement. However, many Baby Boomers also have to worry about...
As the Baby Boomer generation approaches retirement age, most are concerned about whether their pension and investment portfolio will be sufficient to maintain their lifestyle during retirement. However, many Baby Boomers also have to worry about...
Performing Due Diligence
Performing Detailed "Due Diligence" Vital When Considering Purchase of a Business
By Ken Bloom, J.D., LLM & Jonathan Goldberg, J.D., CPA
For many business owners, a way to expand their current business is to purchase another business.. Before...
By Ken Bloom, J.D., LLM & Jonathan Goldberg, J.D., CPA
For many business owners, a way to expand their current business is to purchase another business.. Before...
Buy-Sell Agreement Is Vital To a Strategically Planned Business Arrangement
Having a Buy-Sell Agreement Is Vital To a Strategically Planned Business Arrangement
By Ken Bloom, J.D., LLM & Jonathan Goldberg, J.D., CPA
A recent television commercial for a large investment firm shows a business owner talking about how his life...
By Ken Bloom, J.D., LLM & Jonathan Goldberg, J.D., CPA
A recent television commercial for a large investment firm shows a business owner talking about how his life...
Limited Liability Corporation Versus a Sole Proprietorship
Understanding the Pros and Cons of Limited Liability Corporation Versus Sole Proprietorship Vital Before Starting a New Business
By Kenneth J. Bloom
Every April we celebrate Small Business Week, and the dream of owning a business is still alive and well...
By Kenneth J. Bloom
Every April we celebrate Small Business Week, and the dream of owning a business is still alive and well...
Review Michigan Law on Medical Powers of Attorney, Living Wills
By Kenneth J. Bloom
Michigan law specifically allows for the creation of a durable power for health care also known as a Patient Advocate Form. According to the statute, an individual ("Patient") is allowed to appoint a "Patient Advocate" to make medical treatment decisions...
Michigan law specifically allows for the creation of a durable power for health care also known as a Patient Advocate Form. According to the statute, an individual ("Patient") is allowed to appoint a "Patient Advocate" to make medical treatment decisions...
Tips on Protecting Important Documents
Having a Survival Plan Can Protect Important Documents In The Event of Natural Disaster or Fire
By Jonathan Goldberg, J.D., CPA
After the recent hurricanes along the Gulf Coast, the need for individuals to have a survival plan for their important papers...
By Jonathan Goldberg, J.D., CPA
After the recent hurricanes along the Gulf Coast, the need for individuals to have a survival plan for their important papers...
Employment Contracts Can Protect Valuable Company Assets and Information
By Ken Bloom, J.D., LLM
In today's competitive business environment, protecting company assets is often key to success for the small business owner. One area that is often overlooked is the importance of employment contracts for current and future employees to help safeguard...
In today's competitive business environment, protecting company assets is often key to success for the small business owner. One area that is often overlooked is the importance of employment contracts for current and future employees to help safeguard...
Why an LLC?
LLC Provides Businesses with Many Tax and Liability Advantages Over Other Forms of Entities
By Kenneth J. Bloom
If you are starting a new business, or are currently a sole proprietor and are considering incorporating, it is important to understand the...
By Kenneth J. Bloom
If you are starting a new business, or are currently a sole proprietor and are considering incorporating, it is important to understand the...