Limiting liability for a small business has never been more important. This article, from The Nautilus Group®, describes basic strategies business owners can consider in order to protect both their personal and their business assets, while growing the business.
SMRU 1862584 | Exp. 3/3/24
Many business owners fall into the trap of focusing on the urgent, short-term operational demands of their business, but neglect or delay the important planning critical to its ultimate longevity and long-term value extraction. This article provides an overview of key issues to consider when creating a business succession plan and the critical components of succession planning that distinguish astute entrepreneurs.
SMRU 1872518 | Exp. 12/16/23
It’s a whole new world for estate planning – from an all-time high estate tax exemption that may soon be cut in half (without further action by Congress), to the prospect of higher taxes, larger inheritances, complicated family dynamics, rising rates of divorce and litigation, and electronic data – the list goes on and on. In this environment of uncertainty, estate planning attorney Marvin Blum provides these 10 questions that clients and their planners can explore to identify clients’ most pressing needs in this rapidly changing estate planning environment.
SMRU 1928493 | Exp. 2/4/24
Many business owners seem to think they’re going to live forever and thus have done no succession planning, despite the COVID-19 pandemic illustrating more than ever the need to be prepared for probable, or inevitable, events or setbacks. Planning to work forever is not a business succession plan, and without one, when adverse events occur, the results can be devastating. This article looks at three critical elements business owners should consider to create a successful transition plan that can help maximize the business’s value for themselves or their families and increase the firm’s longevity.
SMRU 1928490 | Exp. 2/4/24
SMRU 1907015 | exp. 7/20/23