Asset Protection
Do Trusts Help with Succession Planning?
Most estate planning starts with a will. The legal document covers what to do with your assets and provides important direction on the care for minor children.
April 25, 2023
Advanced Directives
How to Plan a Business Succession
A frequent complaint by next-generation members is that the senior generation never fully lets go of business tasks.
February 16, 2023
Asset Protection
How to Transfer Business to the Next Generation
Failing to properly plan for disability, death, or the ultimate transition of a family business can lead to disastrous financial consequences for both the business and the family.
December 22, 2022
Asset Protection
What Happens When Inheritances are Unequal?
Robert, the older brother, and Lon, the younger one, were close as they were growing up in the Queens borough of New York City. However, when their mother passed away and left the bulk of her estate to Robert, Lon was devastated.
November 22, 2022
Business Succession
What Is Upstream Planning?
Doing some ‘upstream’ planning now will take the guesswork out of what’s coming your way.
November 14, 2022
Asset Protection
Is Your Business Included in Estate Plan?
When you own or operate a business, ensuring that this plan accounts for the future of the business is critical.
November 3, 2022
Asset Protection
What Happens If Couple Divorce and Own Business?
No one enters a relationship — be it personal or business — thinking it will fail. However, what happens when it does?
September 14, 2022
Business Succession
When Should I Think About Business Succession?
A common and often costly mistake when it comes to business succession planning is not starting the process early enough.
May 11, 2022
Business Formations
How Should I Plan to Sell My Business?
According to the Exit Planning Institute of Ohio, recent studies show that over 60% of the current U.S. business market is owned by baby boomers (those born between 1946 and 1964), who are ready to exit or transition their business over the next 10 years.
February 9, 2022
Asset Protection
What Can We Learn from Painter Bob Ross’ Business Succession and Estate Planning?
The new, buzzy Netflix documentary on the late, beloved, iconic public broadcasting TV host, painter Bob Ross—“Bob Ross: Happy Accidents, Betrayal and Greed”—documents how the artist’s son, Steve, now 55, was allegedly robbed of his late father’s inheritance by the artist’s business partners.
December 15, 2021