Buy Sell Agreement
Buy Sell Agreements A Buy Sell Agreement is part of a succession plan to decide in advance what will happen with a business when certain events occur. Such planning is crucial for any business with multiple owners. It is important both when the owners are related to each other and when they are NOT related to…
Read MoreLooking Through the Corporate Veil
Looking Through the Corporate Veil Many of our clients have been complaining in recent years that banking has become more difficult. Opening a business bank account used to be a simple process. Now it is extremely difficult, and sometimes impossible. The politicians have enhanced the LLC and Corporation Disclosure Requirements. It is now necessary for…
Read MoreAvoiding the Nursing Home Cost Crisis
Medicaid Spend Down Many of our clients are concerned about avoiding the nursing home cost crisis. What is the crisis? The cost of long term medical care has the potential to consume your entire estate. This is the nursing home cost crisis. It could be called the Medicaid Spend Down dilemma. Going into a nursing…
Read MoreTrust Decant – Old Wine New Bottle
Trust Decant The term “decant” means to pour the contents of one container into another container. It is like pouring old wine into a new bottle. It has come to refer to the practice of forming a new updated trust, and transferring the assets from an old obsolete trust to the new trust as a…
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