Succession Planning vs. Estate Planning – Why They Are Both Important

May 27, 2022
Bill O’Leary, Esq.
Asset Protection, Estate Plan, Estate Planning, Estate Planning Attorney, Succession Planning

Succession Planning vs. Estate Planning – Why They Are Both Important Vancouver Business Journal One of the biggest misconceptions is that estate planning and succession planning are one in the same Succession plans are critical to the sustainability of a…

How to Start Family Business Succession – The Earlier the Better

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…

Business Succession Planning: 5 Ways to Transfer Ownership Of Your Business

March 9, 2022
Bill O’Leary, Esq.
Business owner, Business Planning, Business Succession Planning, Estate Planning

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…

Did Robert Redford Have a Business Exit Plan?

January 15, 2021
Bill O’Leary, Esq.
Asset Protection, Business Planning, Elder Law, Estate Planning

Robert Redford officially bought what was once the Timp Haven Resort (now known as the Sundance Mountain Resort) in 1969. This year, he's stepped away, selling the resort to Broadreach Capital Partners and Cedar Capital Partners. While we don't know how much the resort was sold for, the structure of the sale shows how this iconic real estate investor has built a successful exit strategy.

What Do I Need to Know about Creating a Will?

January 8, 2021
Bill O’Leary, Esq.
Elder Care, Elder Law, Estate Planning, Power of Attorney, Probate and Estate/Trust Administration

Creating a will is one of the most basic elements of estate planning. There are different types of wills you can choose from, including a simple will.

Does My Estate Plan Need an Audit?

November 4, 2020
Bill O’Leary, Esq.
Asset Protection, Elder Care, Elder Law, Estate Planning, Life Insurance, Long-Term Care Planning, Power of Attorney, Probate and Estate/Trust Administration

Estate planning is the process of transferring the management of your assets, if and when you are unable to manage them yourself due to disability or death. Whether you have $100 or $100 million you should have an estate plan.

Cornelius Vanderbilt Created an Estate Plan, but Should I?

October 27, 2020
Bill O’Leary, Esq.
Asset Protection, Elder Care, Elder Law, Estate Planning, Life Insurance, Power of Attorney, Probate and Estate/Trust Administration

Cornelius Vanderbilt was among the richest Americans ever to have lived. Born in 1794, he built his fortune on railroads and shipping. To put his wealth into context, in today’s dollars when adding inflation, his fortune would be worth $215.7 billion.

Does My Business Need a Succession Plan?

As a small business owner, you should be thinking about your succession plan. A succession plan—or exit plan—is the strategic transferring of management roles or ownership of the company to others, whether it be a family member, an employee or an outside party.

When Do I Need an Elder Law Attorney?

February 14, 2020
Bill O’Leary, Esq.
Asset Protection, Elder Law, Estate Planning, Guardianship, Long-Term Care Planning, Power of Attorney, Probate and Estate/Trust Administration

Elder law issues can be complex. One wrong word or move can mean the difference between a good result and disaster should you become incapacitated or if other unexpected issues should occur in your senior years. An elder law attorney can help you plan for what will happen, if you should become mentally or physically incapable of taking care of yourself and your own personal business matters.