If you are in business, you need to protect yourself and your family from a wide array of potential threats. Asset protection, protection from frivolous lawsuits, and the inability to have access to business assets if the business owner dies or becomes incapacitated are just a few of the problems. How will the business be passed to the next generation? What will be the tax impact? The list goes on. Business planning starts with your basic estate plan, and then goes beyond that into such things as corporations, limited liability companies and partnerships, buy/sell agreements, plans to pay off business debt if the owner dies, how to deal with partners or other owners, and how the business passes at your death, especially if there are problems or concerns with your children or their spouses. Call us today at (318) 352-9229 for free information on how we can help. |