by Dwight Sowerby | Aug 31, 2017 | Estate Planning, Trusts, Wills
A Section 529 Plan (named for the Internal Revenue Code establishing these accounts) may be a great way to not only help your children or grandchildren with their education but also could be a great estate planning tool. With a 529 plan, you initially fund it with a...
by Dwight Sowerby | Jul 27, 2017 | Trusts, Wills
Market Watch recently had an interesting article listing six “”Horror Stories” about beneficiary designations. Often overlooked in estate planning, beneficiary designations can be an extremely important planning tool- or a “Horror Story.”...
by Elizabeth Brown | Jul 27, 2017 | Business Formation, LLC Formation, Small Business Law
For many years, we advised small business clients to purchase real estate to be used in a business after the business was formed. Otherwise, if the real estate was purchased ahead of time in the personal name of the client, and then transferred later to the LLC or...
by Elizabeth Brown | Jul 27, 2017 | Business Formation, LLC Formation, Small Business Law
Starting a small business is risky business. According to the Small Business Administration, only half of new businesses survive past five years. Sometimes an entrepreneur can skip some of the hassles of a new business start-up by Buying an Existing Small Business....
by Peter Moustakis | Jun 27, 2017 | Business Formation, LLC Formation, Small Business Law
Multi-Member vs a Single Member LLC: Does it Make a Difference? One of the main reasons to form a Limited Liability Company for a business is for asset protection of the individual Members if the LLC incurs a liability- the assets of the company might be at risk but...