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Gift Tax Limitations in Succession Planning Mahatma Gandhi, an Indian lawyer and anti-colonial nationalist, has been quoted as saying, “Live as if you were to die tomorrow. Learn as if you were to live tomorrow.” For business owners, this famous… Read More

In the last article of our succession planning series, you learned about the factors to keep in mind when designing a framework for your succession plan. Today’s article builds on this foundational knowledge by showing you how to integrate your… Read More

Here’s an engaging story inspired by a true case to answer a key question for successful business owners: When someone gives you bad advice, can you successfully sue them even without a contract? The Hidden Risks of Free Advice Mike Thompson, o… Read More

How to Create a Framework for Succession Planning In this second article of our succession planning series, we’ll delve into one of the most critical tasks for business owners: establishing a framework for effective succession. Our first public… Read More

Introducing Our New Series: Succession Planning for Business Owners According to a JP Morgan Wealth Management Report, only 35% of businesses in the US have a formal succession plan in place. What about the remaining 65%? Many business owners mistake… Read More

Evaluating the Success of a Qualified Profit-Sharing Plan This journey began with an informative introductory article into the world of profit-sharing for business owners and managers. Since then, you’ve embarked on a journey through eight enli… Read More

Here’s an engaging story inspired by a true case to answer a key question for successful business owners: Is a customer’s electronic signature binding if the customer was not given enough time to review the contract? The Deal That Closed Too… Read More

Designing a Qualified Profit Sharing Plan: Key Factors and Best Practices It has been a journey of knowledge and growth, and we are delighted to have you with us as we approach the end of our profit-sharing series. In our previous article, you learne… Read More