For the small business owner who does not plan to pass down the business to the next generation, it is imperative to consider what will … [Read more...] about Do I need a Buy-Sell Agreement?
Is a Family Limited Partnership right for my business?
If you plan to pass the business down to the next generation it is really never too soon to get started.One popular way to do so is to … [Read more...] about Is a Family Limited Partnership right for my business?
What is management continuity?
Small business owners often make the mistake of assuming that an adult child or senior employee is willing to take over the management of … [Read more...] about What is management continuity?
What is incapacity planning and why is it particularly important for a small business owner?
While your death would certainly create a giant vacuum in the operation of your business, so would your incapacity. Although people often … [Read more...] about What is incapacity planning and why is it particularly important for a small business owner?
Why is planning for the impact of gift and estate taxes particularly important for a small business?
Every taxpayer’s estate is potentially subject to federal gift and estate taxes upon the death of the taxpayer. If you own a small business, … [Read more...] about Why is planning for the impact of gift and estate taxes particularly important for a small business?
What should be included in my business succession plan?
Like the rest of your estate plan, your business succession planning component will be uniquely tailored to fit the needs of your business … [Read more...] about What should be included in my business succession plan?
Why do I need to include business planning in my estate plan?
Most business owners know they need to protect their business from common threats such natural disasters, theft, and fire. In fact, one of … [Read more...] about Why do I need to include business planning in my estate plan?
Should you talk with an elder law attorney?
An elder law attorney at Clarity Legal Group® can provide you with personalized advice about the creation of an asset protection plan, an … [Read more...] about Should you talk with an elder law attorney?
What is legacy planning?
Legacy planning is the process of ensuring that you have taken the necessary steps to create a strong legacy. It goes beyond just making a … [Read more...] about What is legacy planning?
