You may have spent years building your small business and making sure it thrives. But now, you are thinking of moving on. Maybe you are ready for something new. Maybe you want to retire and spend more on the golf course. Yet, the idea of selling your business is a bit...
Year: 2021
What parents need to know about special needs trusts
When you have a child with special needs, you spend a lot of time making sure your child receives the right type of care, education and support. You often think about your child’s future and what it will look like. As part planning for your child's future, you should...
5 advantages of forming an LLC
As an entrepreneur, you may be thrilled to finally be launching your own business. You’ve worked for years for this dream to happen. Maybe the economic downturn last year forced you out of a job you held for years. Now, you face an important decision: What structure...
How often should you update an estate plan?
Creating an estate plan is a big step to ensure you pass down your assets in the way you want. You also can ensure your family members know your end-of-life care wishes and have a plan in place if you unexpectedly become incapacitated. However, once you create your...
What documents and agreements do I need to run my business?
When you launch your own business, you want to make it a success. You put a lot of time into getting your business operations up and running. Part of that time should be invested in creating the right documents and agreements that will protect your business interests....
7 advantages of a revocable trust
Estate planning is an important part of passing on your assets to your family. Other than having a will, business owners and those with larger assets may want to establish a trust to pass on their assets. Two common types of trusts people use when estate planning are...
Why business owners need a succession plan
You may have spent years working hard to build your business. You’ve seen it succeed and grow. You hope it will thrive for years to come. Yet, you’re beginning to think about retirement. Who will take over your business in the future or if you pass away suddenly? You...
Why 2021 could be the right year for your business
While 2020 was a challenging year for most business owners, it showed who can thrive under the most stressful circumstances. Most Some companies made significant adjustments to compensate for dramatic developments every few months, while some entrepreneurs shifted...
Incorporating health care directives in an estate plan
As we age, our health care initiatives are incredibly important for informing our friends and loved ones about how to approach any medical treatments or emergencies in case you cannot express your personal opinions. Estate plans are the strongest tools to inform and...
