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What Probate Is and How To Avoid It — Part 2
Unless you've created an estate plan that works to keep your family out of court, when you die (or become incapacitated) many of your assets must go through probate before those assets can be distributed to your heirs. Like most court proceedings, probate can be time-consuming, costly, and open t...
What Makes Family Business Lawyers™ Different From Other Business Lawyers?—Part 1
If you are thinking about hiring a lawyer to help with your business, you may be wondering why you should work with us, your Family Business Lawyer™ rather than a “traditional” business lawyer. What makes us so different from other lawyers?
The best way to explain how Family Business Lawyer™ firm...
What Happens To Your Business When You Get Sick or Die? 4 Fundamentals To Know
If you dream of one day leaving your company to your family, but you haven't properly included your business in your estate plan, that dream could become a nightmare for your heirs—and for your partners, team members, and clients, too. In fact, properly planning for what would happen to your busi...
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4 Tools To Protect Your Business and Your Family
Without a proper estate plan, the business you worked so hard to build could be in serious jeopardy when something happens to you. Not only that, but since your business is likely your most valuable asset, proactive planning is crucial not only for your company’s continued survival, but for your family’s future well-being as well.
3 Things You Need To Know About Retirement Distributions
If you’re part of a blended family (meaning you are married with children from a prior marriage in the mix), you’re no stranger to the extra considerations and planning it takes to keep your family’s life running smoothly. You’ve also probably given some thought to what you want to happen to your assets and your family if something happens to you.
Naming Godparents Does Not Create Legal Guardians
As a parent, your top priority is the well-being and future of your children. You plan for their education, health, and happiness, and often this planning includes the tradition of choosing godparents to guide and mentor your children if something happens to you. While selecting godparents is a meaningful tradition in many cultures, it's important to understand that naming a godparent is not the same thing as naming a legal guardian for your children.
Mastering Time Management: 4 Effective Strategies for Busy Entrepreneurs - Part 2
If you’re like many business owners, you probably feel like there isn’t enough time in the day for everything you need to do, let alone everything else you’d like to do. But it doesn’t need to be that way.
Last week I explored how to use time blocking and task management tools to better manage your time and get more out of your work day. This week, I’m sharing two more methods every business owner should use to get more done, stay more organized, and have more time to take care of yourself and the people who depend on you.
8 Year-End Strategies to Lower Your 2023 Business Tax Bill
It might seem a bit early to think about your 2023 business taxes, but as the year draws to a close, it's the perfect time to take a closer look at your company’s financial situation and make some strategic moves to minimize your business’ tax liability come next April.
