Over the past several years, downtown areas in major and lesser U.S. cities have begun to decline across the board. Office buildings once teeming with workers, retail outlets once competing mightily for customers and restaurants once eager to cater to hungry diners...
When it comes time to sell a business, it’s very important for the owner to know what steps to take. They may need to get a valuation of that business. They need to identify potential interested parties. If this is a form of succession planning – such as selling the...
You don’t want to make an estate plan and then ignore it for years or decades. Certainly, it’s better to have a plan than to not create one at all. But drafting a plan that is then neglected can also be very problematic because that plan may become outdated. Once a...
Every business experiences financial difficulties from time to time – whether that comes in the form of sudden changes in the market or a lawsuit. Unfortunately, a lot of small business owners and entrepreneurs don’t make the necessary moves to protect their personal...
When you make a contract, there’s always the possibility that the other party or parties involved will breach their legal obligations. As a result of a shipment delay, financial issue or other unexpected issues, your business could suffer from severe damages. When a...
Estate planning is a rewarding process that helps prepare your estate in anticipation of your passing. Most people have heard of making a will, but there are also many other tasks to do. Here’s what you should consider when creating your estate plan: 1. Will Your will...
As you likely understand, business owners like you must make potentially critical decisions every day. Often, such decisions center on money matters like preserving profits, lowering costs and avoiding financial liability. Perhaps you operated successfully as a sole...
Creating a good business succession plan is going to be critical to the future of your company. It’s also important to do this to give your family stability and guidance. You want to leave the business to the next generation, but you have to be very deliberate about...
Are you thinking about making an estate plan? Then you likely have a few questions -- since this isn't something that most people think about very often. Then you’ve come to the right place. Your questions may be answered below: 1. Do I need an estate plan? Many...
As a new parent who is starting to craft an estate plan, your top goal may be formalizing a potential guardian for your child. In fact, having that child may have spurred you to make your estate plan. You’re not necessarily worried about what happens to your assets at...
