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Estate Planning for Women

While estate planning is important for everyone, women especially need to understand estate planning and have a plan of their own in place. Here are some issues that are of particular interest to women and their estate planning. Incapacity. Because women, on average,...

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No Super Committee Action: Now What?

No Super Committee Action: Now What? Now that the so-called 'super committee' failed to agree on spending cuts and/or revenue gains to reduce the deficit, what's next? What does this mean for the estate and gift tax law? Under the law that created the super committee,...

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What Determines the Value of My Company?

What Determines the Value of My Company? An Overview of the Valuation Process and the Sources of Value in Private Businesses, Partnerships, and Professional Practice Introduction Knowing what creates value and what your firm is worth is essential to making...

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Limited Liability Companies

LLCs have become the most flexible and preferable entity for most operating businesses. They combine tax planning flexibility with administrative simplicity, legitimate asset protection, and a built-in plan for succession of interest after the business owner retires...

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Planning How You Will Exit From Your Business

Have you been looking forward to the day you can retire, perhaps turn your business over to a son or daughter, or sell it? Even if you are not planning to stop working, you need to plan for the day you cannot run your business due to unforeseen illness or death. Most...

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