The difference between business ‘succession planning’ and ‘exit planning’ is huge! The former is a means to an end and the latter is charting a course to an end.
Exit planning is not done in isolation by your attorney, CPA or financial advisor....
WRG attorney David Bastiaans has worked with business owners for the past 19 plus years. Some of the owners he works with are very happy and satisfied with their business while others find it a constant grind and struggle. This article looks into...
After losing a spouse, the surviving spouse can feel overwhelmed and anxious regarding available resources. This is particularly true if the probate estate of the deceased spouse is nominal or the deceased spouse had significant debt. There are...
Many businesses use a name that is different from its legal name called a trade or fictitious name. This can happen by simply dropping the “Corp.,” “Inc.,” “LLC,” etc. from the legal name of the business entity. For example, an entity created as...
Every person is unique and so must be their estate plan. With the availability of estate planning documents on the web, the preparation of an estate plan has become akin to purchasing a good.
The preparation of an estate plan is not simply...
If you signed your Estate Plan, whether it included a Will, a Trust, a Power of Attorney or an Advance Medical Directive (“Estate Plan”) before April 2003, or if you used a form from a book your brother-in-law gave you, or filled in the forms on a...