business succession

Integrating Your Business and Estate Plans with Chuck Borek

When you’re a business owner, estate planning must be integrated with a succession plan. Succession planning is about laying the groundwork for a smooth transition of business ownership to family members, employees, or buyers. Every transaction has tax consequences, and the tax cost of a business transfer can vary widely depending on how it is …

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5 Easy Things You Can Do To Manage Your Business Better

By:  Matthew F. Penater, Esq. matthew@elvilleassociates.com As a Business Succession attorney, I have the opportunity to see into the internal operations of businesses, especially all the legal-related problems business owners encounter.  The most common issues I see have to do with improper financial reporting and tax reporting.  But, I see any number of additional issues …

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