by Leslie Marenco | Aug 14, 2014 | Articles, Business/ Corporate Law, Trusts
The concept of a trust is difficult for many people to grasp because a trust is a concept, and therefore is an intangible. Another intangible, but one that is more familiar, and therefore seems easier to understand, is a corporation. A quick look at the two concepts,...
by Leslie Marenco | Aug 14, 2014 | Articles, Business Succession
A whopping 90 percent of businesses across the nation are family-owned. Odds are this means you either know someone who is part of a family-owned business or are involved with one yourself. While the casual nature of working with family definitely has its perks, it’s...
by Leslie Marenco | Aug 12, 2014 | Articles, Estate Tax, Gift Tax, High Net Worth
With tax rates somewhat higher than in prior years based on increases in income taxes, capital gains, and the new so-called Medicare tax, (which is basically an investment income tax for those who earned more than $200,000 if single and $250,000 if married) the net...
by Leslie Marenco | Aug 11, 2014 | Articles, Business/ Corporate Law, Intellectual Property
We are a nation of entrepreneurs, but we are also living in a litigious society, so if you are starting a new venture and there are other founders involved, a founder’s agreement (that would be an operating agreement for an LLC or a shareholder’s agreement for a...
by Leslie Marenco | Aug 11, 2014 | Articles, Asset Protection, Business Succession
Whether you are just starting a new business or have been running a business for years, there are four common legal mistakes that both novice and seasoned entrepreneurs make that can have a significant impact on the future viability of your company: Co-mingling of...
