The unthinkable happens: A serious car accident involving fatalities. One of them is you. Your family is grieving, but they are alive and need to survive as best they are able. When your spouse, parents, or siblings later begin reviewing your paperwork, they look for...
The Business Succession Planning process is designed to answer this important question. Whether you have a family business or a professional practice you need to plan for your succession. This process is designed to prepare your business to be sold or transferred to...
In our last blog, we discussed sole proprietorships, partnerships (general and limited) and C corporations, which are generally speaking the most common types of business entities. But there are a few more types of corporations that might fit your business needs....
With so many types of business entities, how do you know which one is right for you? Over the next couple weeks we will look at some of the most common types of businesses and an example of why you might use that type of business. Sole Proprietorship: This is the...
Do you own a property with a spouse, sibling or friend? What type of ownership do you have associated with that property? Do you know? There are several different types of property ownership and they each serve a very different purpose. Here are the 3 most common...
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