Selling your business is part of the succession plan. Business succession either happens while you’re alive, an asset sale, or a component of your estate
Business succession planning is the process whereby the ownership and management of a business, plan for the succession and continuation of the business based on
Naming your children as executors or powers of attorney is simply a matter of sitting down with your estate attorney, clearly communicating what it is
Titling your assets in the name of a living trust will keep you and your family out of probate court. When you set up a
There are many different types of trusts. The creator of a Revocable Trust, often called the Grantor, retains certain rights with respect to the trust: usually,
A Living Trust is a legal instrument like a will, which has instructions for what you want to happen to your assets at incapacity or
Older individuals who already have an estate plan that they created in the early 2000s or mid-2000s might have complicated trust planning that was designed
Retirement is not too late to begin estate planning. Ideally, estate planning begins when you reach adulthood. However, frequently, parents will request basic estate documents
To protect your estate plan, a living trust should be included. It helps your assets after your passing. It easily passes your assets to your
Are you actively avoiding making an estate plan? Well, you certainly aren’t alone! Truth is, a lot of people steer clear of making an estate
