High Risk Professionals Need an Estate Plan

By |2022-06-16T02:42:25+00:00April 29th, 2022|Blog, Business Law, Business Structure, Estate Planning, Estate Planning, Small Business, Tips|

Everyone is open to potential lawsuits, but licensed professionals and business owners are even more at risk. Doctors, dentists, veterinarians, small business owners, and even attorneys themselves, have a higher risk of being sued and need more extensive estate planning to protect all they’ve worked for. So while it’s important for everyone to have an [...]

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Keep Your Remote Team Connected

By |2022-06-16T02:46:56+00:00April 15th, 2022|Blog, Business Law, Business Structure, Employment Law, Estate Planning, Hiring Practices, Small Business, Tips|

Working remotely has become the norm as we have been navigating the COVID-19 pandemic. While some employees are returning to the office as restrictions are lifting, others consider working remotely to be their new norm. If you are managing a remote team, you may be finding it's difficult to connect as the in person interactions [...]

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Tips for How to Sell Your Business

By |2022-06-16T02:48:45+00:00April 8th, 2022|Blog, Business Law, Business Structure, Estate Planning, Estate Planning, Small Business|

All of your hard work building your business may someday lead to the question- how do I sell my business? Maybe you’re nowhere near thinking about exiting from your business, but planning ahead and knowing your options for selling your business only gives you more time to make sure you get what you’re worth. Whether [...]

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Four Reasons Your Business Needs a Buy-Sell Agreement

By |2022-06-16T02:49:55+00:00April 1st, 2022|Blog, Business Law, Business Structure, Estate Planning, Estate Planning, Small Business|

No matter what the set up of the ownership of the business is, at some point it’s inevitable that an owner will leave. Retiring, changing careers, emergencies, or death, are all events to be prepared for. Having a plan ahead of time will keep operations running smoothly and keep every shareholder protected. A buy-sell agreement [...]

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How Do I Include My LLC in My Estate Plan?

By |2022-03-03T17:18:15+00:00March 25th, 2022|Blog, Business Structure, Estate Planning, Estate Planning, Small Business, Tips|

You’re always looking for ways to make your business better, but are you making sure your business is also protected? If your business has been established as an LLC, or Limited Liability Company, there are ways to transfer your assets to the next generation through your estate plan. Here’s how to include your LLC [...]

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Protecting Your Business with a Buy-Sell Agreement

By |2022-03-02T21:51:36+00:00March 18th, 2022|Blog, Business Structure, Employment Law, Estate Planning, Estate Planning, Small Business, Tips|

If a business has multiple owners, eventually a change in ownership will need to happen. An owner will retire or move on for another reason. Don’t forget that emergencies can also happen. Changing ownership doesn’t need to be complicated. Planning ahead will help dispel disaster when the time comes for a transition. The plan [...]

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When to Update Your Succession Plan

By |2022-02-10T20:23:57+00:00March 11th, 2022|Blog, Business Structure, Estate Planning, Estate Planning, Small Business, Tips|

Updating your business succession plan should be a regular part of managing your business. We previously wrote about common succession planning mistakes that are made and one of the biggest mistakes that needs to be highlighted is not updating your succession plan regularly. Like your estate plan, your business succession plan is not set [...]

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Mistakes to Avoid When Business Succession Planning

By |2022-02-10T17:34:51+00:00March 4th, 2022|Blog, Business Law, Business Structure, Estate Planning, Estate Planning, Small Business, Tips|

As a business owner, you probably feel that your business is your baby. Business succession planning always seems so far off. It’s hard to think about what may happen to your business when you’re no longer able to run it. To ensure your business will keep running once you leave it, or to get [...]

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Success of Your Business Often Depends on Your Exit Strategy

By |2021-01-28T21:10:03+00:00April 3rd, 2017|Business Law, Business Structure|

Recently, I received a phone call from a good friend of mine, telling me that he is going through a divorce. Although he was expecting an amicable split of his liquid assets and share custody of his minor children, he could not say the same about his business ownership. My client’s divorce is now at risk [...]

How to Facilitate a Buy-Sell Agreement

By |2021-01-28T21:12:47+00:00September 15th, 2016|Blog, Business Structure|

Businesses usually start with best intentions and under the best of circumstances. However, down the road many life events and business challenges occur that change business owners, their relationships, and goals. It’s essential, therefore, for most new businesses to begin with a discussion of a buy-sell agreement. A typical buy-sell agreement functions in the same [...]

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