Spiro J. Verras Blog

Friday, June 5, 2015

Financing and Growing Your Small Business Through Crowdfunding

Social media have revolutionized much of modern life, including business finance. With crowdfunding, you can raise small amounts of capital from many different sources, while retaining control over your business venture. Crowdfunding for business ventures is not without its risks, and shouldn't be undertaken without legal advice.

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Thursday, June 4, 2015

How Extraordinary! The O Visa: Permission to Work In the U.S. on the Basis of Extraordinary Ability

Extraordinary ability visas are designed to facilitate travel and work in the United States for scientists, athletes, performers, and other celebrities. While immigration to the U.S. is harder than ever for most people, it is, like most things, generally much easier once you attain elite status in your field.

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Sunday, May 17, 2015

Differences Between Testamentary Trusts and "Living" Trusts

Inter vivos "living" trusts are trusts that you create while you are alive, while testamentary trusts are trusts that you arrange to have created after your death.

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Friday, May 15, 2015

Do Heirs Have to Pay Off Their Loved One's Debts?

You cannot inherit debts. Probate serves as a sort of bankruptcy, in which the creditors of the deceased have a final opportunity to be paid from the non-exempt assets of the estate before the assets are distributed to the beneficiaries.

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Wednesday, May 6, 2015

Which Business Structure is Right for You?

Choosing the right entity for your business can impact management, tax treatment, asset protection, and estate planning, and should be a decision you make with the advice of an attorney.

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Wednesday, April 22, 2015

What to Do after a Loved One Passes Away

The loss of a loved one is one of life's most painful traumas, and handling the affairs of the deceased can make it even more stressful. 

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Monday, April 20, 2015

Medicare vs. Medicaid: Two Different Government Programs With Confusingly Similar Names

Medicare provides senior citizens with health insurance regardless of their finances while Medicaid provides health care to the poor.

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Sunday, April 19, 2015

Pluses and Minuses of Dual Citizenship

If you are eligible to become a citizen of more than one country, you should weigh the potential risks and benefits it entails.

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Wednesday, March 4, 2015

Retirement Accounts and Estate Planning

Although inheritance is generally not subject to income tax, that's not the case with tax-deferred retirement accounts, on which the taxes deferred by you must be paid by your beneficiaries...

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Monday, February 23, 2015


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