by Trust Counsel | Jun 27, 2023 | Articles, Business Succession, Financial, Trusts, Wills
As a small business owner, you wear a lot of hats and probably work a lot of hours to get it all done… and you still have a lot left on your plate. Until you’re ready to hire on more help (let’s talk about that soon!), you can leverage simple-to-use, free...
by Trust Counsel | Jun 23, 2023 | Articles, Asset Protection, Business Succession, Family, Income Tax, Inheritance
The dream of passing on your business to your children and witnessing the legacy you’ve built continue to flourish is a powerful one. However, inspiring your children to embrace the idea of taking over the family business can present its challenges, and your...
by Trust Counsel | Jun 16, 2023 | Articles, Asset Protection, Business Succession, Business/ Corporate Law, Estate Tax, Financial, Income Tax
If you’re a small business owner, you’ve probably been enjoying the privacy and simplicity that owning a small company affords you. (I mean, who will really notice if you take a half-day on Friday or forget to have an annual shareholders’ meeting?) Aside from...
by Trust Counsel | May 18, 2023 | Articles, Asset Protection, Business Succession, Estate Planning, Estate Tax, Financial, Incapacity, Trusts
Trusts are often underused or misused tools for business owners, as they can provide a range of tax, asset protection, and succession planning benefits, when established and maintained in the right way. As a Personal Family Lawyer® with family business planning...
by Trust Counsel | May 16, 2023 | Articles, Asset Protection, Business Succession, Estate Planning, Estate Tax, Financial, Incapacity, Inheritance, Trusts, Wills
If you are running a business, it’s easy to prioritize estate planning less than your other business matters. After all, if you’re facing challenges meeting next month’s payroll or your goals for growth over the coming quarter, concerns over your potential incapacity...
by Trust Counsel | Nov 8, 2022 | Articles, Asset Protection, Business Succession, Case Law, Family, Financial, Health Care Directive, Income Tax, Retirement, Uncategorized
If you have preferences about what happens to your digital footprint after your death, you need to take action. Otherwise, your online legacy will be determined for you—and not by you. If you have any online accounts, such as Gmail, Facebook, Instagram, LinkedIn,...
