Whether you started your own business, inherited it or bought it, your company has probably been a big part of your life and your self-identity. Its successes are your successes. You may view the company as your lasting legacy for the people you love and your...
Estate planning
Update your will when major life events arise
As an entrepreneur ready to launch a business, you are careful with preparation and details. You create a business plan, seek an ideal office location, recruit investors and prepare to hire employees. You set the table for what you hope will be a successful business....
Is a succession plan right for my business?
For many small business owners, their goal is to retire with the business going strong so it can continue under new leadership. If this is what you want for your business, you might consider business succession planning as part of your estate plan. As the name...
Planning tips for business succession
Running a family business can be extremely rewarding. It blends work-life with homelife, enables the older generation to pass their skills on to the children, and provide them with a way to earn a living. The young may embrace the tradition that may go back...