PRINCE’S BIG MISTAKE

The musician Prince was known as a hands-on businessman with a keen attention to detail. So it was quite a shock after his death in April to learn that he had left behind a $300-million estate without a will. Prince’s oversight means that it’s now up to...

MAKING BUSINESSES PURCHASES PAY YOU BACK

Entrepreneurs often do not have a lot of cash set aside for retirement: They’re counting on their business to be their nest egg. But what many don’t realize is that using conventional loans to make business purchases can ultimately reduce the amount of...