We have all heard negative connotations of the “Trust Fund Baby.” Some of you may have even heard a recent song on the topic (especially if you like boy bands). Unfortunately, this negativity causes many people to think they only need a trust if they are super wealthy. Nothing could be farther from the truth. […]
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Valuation and Buy-Sell Agreements – A Book Review
Business Valuation for Business Owners – By Zachary M. Sharkey, a book review You probably know by now that I am a huge proponent of the Buy-Sell Agreement (“BSA”) for business partnerships. The BSA serves as a sort of pre-nup for small businesses owned by two or more people or entities. As a business lawyer, […]
Wills and Trusts Annual Checklist
Clients often ask how often do they need to change, update, or restate their revocable living trusts and/or last will and testament (“Wills”). The answer is, of course, it depends. There are some major life events that may necessitate a change, or at least a review with your attorney. Below is a our Wills and […]
5 Steps to Creating Your LLC
Our business startup packages are a great fit for clients that want to start an LLC. However, we meet some potential clients that want to do things on their own. We do not recommend you do, but we know some of you are going to ‘go it alone’ regardless. For those of you doing so, […]
Disinheriting an Adult Child, Should You Do It?
“How do I disinherit someone?” This question comes up a lot more frequently than some people might imagine. Disinheriting a child, or anyone, from your estate plan, will, trust, or other assets is possible. However, take care to make sure you do so properly and we highly recommend professional assistance. Before making the decision to […]