A business owner works hard to establish a company, build wealth, and protect assets. That owner creates a plan for company growth and backup in case of an unexpected disruption. They should also plan for unforeseen events, such as mental…
My Lawyer Retired-What Happens to my Estate Planning Documents Now? What happens to your Will or estate plan if your estate planning attorney dies, retires, quits practicing, or is otherwise not available when you or your family need estate legal…
8 Keys to Passing Down a Family Business by Jaime Mejía, AARP 8 Keys to Passing Down a Family Business. Learn how to transfer a family business to the next generation. When it comes to transferring a business to a new…
How to Start Family Business Succession - The Earlier the Better By Dana M. Reid Thinking about retirement? It’s important to get started on family business succession issues early, even as many as 10 years or more before you are ready…
FLORIDA BUSINESS PLANNING MADE EASY. UNDERSTANDING FLORIDA BUSINESS PLANNING WITH OUR JACKSONVILLE BUSINESS ATTORNEYS Your business is your baby, your pride and joy. You’ve invested so much time into your Florida business it is an extension of who you are.…
How To Create a Strong Succession Plan for Your Business Are you thinking about retiring from business? Or maybe your business is finally going well and you want to make sure it continues the way you want it to. Business…
Business Succession Planning: 5 Ways to Transfer Ownership Of Your Business WRITTEN BY: Robert Newcomer-Dyer Business succession planning is a series of logistical and financial decisions about who will take over your business upon retirement, death, or disability. To write a…
Trust vs. LLC: What’s the Difference? Mark Henricks Trusts and limited liability companies (LLCs) are both legal vehicles that can be used to protect assets. Both are also created at the state level but they have different features and different…
A Financial Advisor’s Role in Estate Planning Katie Camann November 3, 2020 A Financial Advisor’s Role in Estate Planning. When forming an estate plan, a financial advisor plays a crucial role. As a financial advisor, you are focused on the client’s…