Let’s say that a judgment creditor holds a charging order against a debtor’s interest in an LLC. The charging order does two things: first, it creates a lien on the debtor’s economic interest in the LLC and, second, it requires that any distributions due to the debtor be paid to the creditor instead. All well and good, but how does the creditor know if distributions are being made or what else is going on in the LLC? As a mere lienholder, the creditor has no right to obtain information directly from the LLC. Nor does the order to pay over…

Net worth is easy to measure. But what makes it worthwhile? What justifies the effort, investment, or sacrifice required to pursue financial success? And how is that—financial success—even defined in the first place? And then, once you’ve reached whatever definition of financial success you’ve determined, what gives your wealth meaning? Redefining Financial Success We’ve long been taught to measure financial success with numbers: net worth, portfolio returns, retirement dates, income generated, gifts granted, taxes paid and avoided, inheritance left behind. Yet one could check every box—and still feel unfulfilled. In fact, many people go to great lengths to achieve supposed…

When you hear the name Aflac, you, probably like me, hear the quacking duck from their commercials. Unfortunately, however the recently announced data breach at Aflac is no quacking matter. Aflac disclosed on June 20th that it had suffered a data breach that may have compromised sensitive personal information held by the company, which offers a wide range of insurance products to millions of people. According to Aflac, it noticed suspicious activity on its networks on June 12th and is now in the early stages of investigating the extent of the data breach with the help of outside cybersecurity experts.…

According to the Federal Trade Commission (FTC) more scams in the United States are started on social media than anywhere else at a cost of 1.9 billion dollars in 2024 and that figure is probably low because many victims, often out of embarrassment, do not report being victimized. A study done by the Fin Tech company Revolut found that 60% of all scams in the UK originated on the Meta platforms Facebook, Instagram and WhatsApp with investment scams being the most common form of scam. Woody Malouf, Revolut’s head of financial crime section said that Meta’s platforms were “being used…

Chip Paucek had been the CEO of a company (U2, Inc.) which had failed under some negative circumstances. Paucek is now the CEO of a new company (Pro-Athlete Community, Inc. a/k/a “PAC”) which provides educational and other support to professional athletes who have ceased playing. Paucek came to the attention of Dahn Shaulis, who is a blogger covering the education industry through his publication Higher Education Inquirer (“HEI”). After following Paucek’s failure with U2, Shaulis then began to investigate and cover Paucek’s new venture, PAC. Long story short, Shaulis made some unflattering comments about Paucek on social media. Paucek had…

For as long as I’ve been interested in money, I’ve wrestled with a personal tension: I want to be generous with what I have, but I also want to be a wise saver. In theory, both goals make sense. But in practice, they often feel like opposites. How I Found Balance Between Saving and Giving Through Metaphor Saving helps me achieve goals and manage life’s inevitable risks, like losing income during seasons of unemployment or my elder years. Saving is satisfying to me because it is measurable and strategic. It helps me prepare for emergencies and invest in products and…

When I was in high school, I became fascinated with stock market investing. But after only a few weeks of studying it, one thing became clear: I had to pick a side. On one side were those captivated by growth—the optimists who cheered on rising revenues and loved backing a winning horse. On the other side were the skeptics—penny-pinchers who saw hype as a red flag and preferred scouring neglected corners of the market for hidden value. These were the value investors, searching gutters for overlooked $5 bills. The Investing Paradox: Growth Or Value, Or Both? This age-old tension is…

Fractional Back Offices Powering the Next Wave Startups’ inboxes say it all: “Urgent: Runway Update.” “CFO Search: Need Help.” “DAO Governance: Compliance Nightmare.” Across Silicon Valley and beyond, founders are wrestling with an impossible equation. Rising interest rates have made growth capital dramatically more expensive—and harder to access—forcing startups to slash budgets. Yet the cost of hiring continues to rise. You’d expect tighter funding to flood the market with talent. Instead, the talent gap is only widening. Korn Ferry projects a global shortage of 85.2 million skilled workers by 2030, putting pressure on startups to compete for scarce expertise with…

The Senate’s draft budget bill would cut Medicaid for older adults and people with disabilities even more deeply than the House version. It would scrap a Biden-era minimum staffing rule for nursing homes. And, at the same time, it drops a House proposal to increase tax-free savings that higher-income households could use to buy long-term care insurance or pay caregiving costs. The overall measure, approved by the Senate Finance Committee and likely to reach the Senate floor sometime next week, would cut taxes by trillions of dollars over the next decade and cut spending, though by significantly less. The Congressional…

Trump Is Different Whether one supports Donald J. Trump or not, his approach as president is notably different, especially when it comes to pardons and commutations. In his first term, Trump issued 143 pardons and 38 commutations, far fewer than Barack Obama. However, in his second term, by June 2025, he had granted clemency to over 1,500 individuals, including those convicted for the January 6th Capitol attack. What stands out is not the number, but the frequency of these pardons, which include both white-collar and drug-related offenses. Alice Johnson, appointed as Pardon Czar, plays a significant role in this process,…