by Susan Grissom | Mar 1, 2022 | Business, Estate Planning, Wills & Trust
You might already have an estate plan for your personal property and accounts, but what about your business? You can protect your business and strengthen your estate plan by assigning your business interests to a living trust. You can transfer your business interest...
by Susan Grissom | Jan 25, 2022 | Business, Estate Planning
It is always good to create a succession plan for any business. Whether you want to leave your business to family, a friend, an employee, or a yet unknown associate, in order for your business to continue after your death, you need to create a succession plan. The...
by Madalyn Davis | Dec 14, 2021 | Business, Estate Planning, Wills & Trust
A charitable remainder trust (or a CRT) is a tax-exempt trust that is often used to reduce taxable income. A CRT benefits charities while providing an income stream during the life of the beneficiary. Upon the death of the last-living beneficiary, or after a set...
by Susan Grissom | Nov 23, 2021 | Business
Happy Thanksgiving! Many years ago, I attended a Bible Study that challenged the attendee to take time daily to reflect on the many blessings you have received because doing so would put the challenges of the day into perspective. I began doing that and continue to do...
by Susan Grissom | Sep 28, 2021 | Business
When starting a business, one important decision is the choice of business entity, such as a limited liability company, corporation, partnership, non-profit corporation, or some other entity. Last week in our blog, we focused on limited liability companies. This week,...
by Susan Grissom | Sep 21, 2021 | Business
When starting a business, one important decision is the choice of business entity, such as a limited liability company, corporation, partnership, non-profit corporation, or some other entity. Each have different governance and tax ramifications. If you are not sure...