Posts Tagged ‘Estate Planning’
Top 3 Ingredients to Successful Succession Planning
Baby boomers own over 2 million businesses employing more than 25 million people in the United States. Many will be retiring or selling their businesses in the next few years and for some of these business owners the transaction will be a success. These owners will receive the value from their company to provide them…
Read MoreWriting a Will: 7 Important Considerations
As a parent, ensuring your children’s future is one of your top priorities, and writing a will is a crucial step in securing that future. A well-thought-out will gives you peace of mind by ensuring that your assets are distributed according to your wishes and that your children are taken care of if something happens…
Read MoreHow to Protect Your Business Assets
In the complex world of commerce, safeguarding your business assets is as essential as growing your business. Protecting these assets against various risks is vital for the longevity and prosperity of your enterprise. From physical assets like property and inventory to intangible assets such as intellectual property and brand reputation, a proactive strategy can help…
Read MoreCharting the Course: A Guide to Probate in Florida
Losing a loved one is never easy. Amidst the grief, the legalities of settling their estate can feel overwhelming, especially in a complex legal landscape like Florida. Imagine Carlos, a young architect in Miami, grappling with the sudden loss of his father, the vibrant patriarch of their family. Now facing the unfamiliar territory of probate,…
Read MoreWhy Many Owners Don’t Want Their Kids to Inherit the Company
Being a business owner is considered an “American Dream” by many, yet when it comes to succession planning, a recent survey reveals that not everyone feels the same way about passing the torch onto their children. Many owners don’t want their kids to inherit the family business. The survey was conducted by Versta Research on…
Read MorePower of Attorney Can Help Secure Your Financial Future
Securing your financial future, whether during a period of ill health or at the end of your life, is absolutely essential. There are many ways that you can do so, and one such way is by implementing a durable power of attorney. A durable POA is a financial document used to secure your financial assets…
Read MoreDon’t Ignore Estate Planning When Growing Your Business
Being an entrepreneur means needing to execute a plan for the future of your business as it’s one of the most crucial tasks you need to do. Particularly in an industry with tough competition, you need to be smart and strategic. Thus, you may need to execute estate planning, especially when you’re growing your business.…
Read MorePersonal Financial Planning for Beginners: 10 Things to Consider
Financial planning is a concept that teaches us the importance of valuing our money and utilizing it in the right way to secure our future. It does not only involve saving money but tells us the correct way of how and where to use it. If you are planning to save your money and utilize…
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