Category Archives: Business Succession

Ten Top Estate Planning Mistakes

Most of us make mistakes.  They vary in importance and for the most part can be corrected before any real damage has been done. With estate planning we find that mistakes vary based on our client’s planning objectives, which vary with changes in their lives, the lives of their loved ones and changes in their...
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Sale or Purchase of a Business – Things the Parties Should Discuss & Determine

When buying or selling a business there are a number of issues to consider and ultimately resolve in order to ensure that both parties receive what they have bargained for and to make the process as smooth as possible. A lot of information is required so that your attorney and CPA can properly advise you...
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Revocable Living Trust Funding and Estate Administration – Common Problems

If you set up a Revocable Living Trust (What is a Living Trust?) for estate planning purposes, you probably did so with the belief that it would make administration of your estate easy, simple and fast.  This may be true so long as your Trust was properly funded and up to date with...
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Would You Sell Your Company for $2.3 Billion?

If you are Men’s Wearhouse, Inc, the answer is a big fat NO!  Earlier this week, rival company Jos. A. Bank Clothiers, Inc. offered Men’s Wearhouse $2.3 billion to buy them out.  Men’s Wearhouse quickly responded with a resounding rejection.  Check out this article from Reuters.com entitled “Jos. A....
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