Compare LLC vs. S-Corp for small business owners to protect your business and family. Learn about liability, taxes, planning ...

Most physicians don’t have a written plan for who takes over the practice—or how ownership transitions legally and financially. A buy-sell agreement can ensure your family receives the value of the ...

Disclaimer: This article is intended to serve as a general summary of the issues outlined therein. While this article may include general guidance, it is not intended as, nor is a substitute for, ...

The Gucci family had owned and operated the company since its founding in 1921 by Guccio Gucci. In the late 1980s and early 1990s, the brand was in trouble. The company had been struggling with ...

Extension of Current Exemption: The Tax Cuts and Jobs Act (TCJA) temporarily doubled the federal estate tax exemption to approximately $13.99 million per individual in 2025. Without Congressional ...

And the honest answer is usually: not yet. Selling a company — especially a family-owned business — isn’t just a financial transaction. It’s a major estate planning event. If your estate plan isn’t ...

Every family has different circumstances and dynamics. Irresponsible beneficiaries can be hard to plan for. Maybe you’re planning to leave everything to your children but they are still young. Maybe ...

These strategies allow assets to pass directly to your beneficiaries without going through probate. Work with a Lake County Estate Planning Attorney If you’re in Lake County, Illinois, and want to ...

The executor files the will with the probate court in the county where the deceased person lived. They also petition the court to be formally appointed as executor. The executor must notify all heirs, ...

Every family has different dynamics and different circumstances when it comes to planning for the future. Regardless of your wealth or your family situation, one task you’ll be faced with while ...

Let’s deep dive into the benefits and pitfalls of Payable on Death Accounts. When it comes to managing your finances and planning for the future, understanding your options is key. One financial tool ...