Partners Should Plan Ahead For Disability
A short time ago, I received a call from a reader seeking some advice. He and his partner had operated a successful business for a number of years. One partner concentrated on the service side of the business while the other concentrated on new insta...
How To Resolve Disputes In Family-Owned Businesses
If you are part of the management team of a family-owned business, you have no doubt fantasized about how good life (and business) would be if you did not have to contend with other family members. You are right in thinking that way. Family-owned bus...
Employee Handbooks Can Provide Important Legal Protection
Whether you have three employees or 30, you need to have a way to inform them of your employment policies. An employee manual is an easy way to communicate these policies, and it can provide important protection to your business as well.
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Take Advantage of Estate Tax Benefits
The new estate tax law is significantly improved over the law that existed prior to 2010. Some of these improvements offer closely owned business owners and family-owned businesses some interesting planning opportunities during the next two years.
Use Trusts For Continuity Planning And Avoiding Probate
Over the last month, three different clients have asked us whether they should place their businesses in a trust. Perhaps this is a question you're asking yourself. However, when clients as this question, they're not always asking for the same reason.
How to Be a Savvy Negotiator for Commercial Leases
For business leaders looking for new space, the soft market might offer some of the lowest rates in quite some time. However, the cost per square foot is only one factor to consider when evaluationg a commercial lease offer.