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The Importance of a Partnership Agreement
Many business partnerships start out informally, as industry associates, friends, or family members band together to start a new business. Partners bring different strengths and skills to the table. One partner may understand certain aspects of the business especially...
Building Financial Security with Family Limited Partnerships
When considering the “Big Three” financial components of financial security: asset protection, tax savings, and estate planning, business owners need to successfully plan ahead. Regarding your business interests and potential tax exposure, it is important to develop...
Points for Business Succession Planning
1. Start now—address the issue of business succession—don’t put it off! 2. Call in your business planning and estate planning team: attorney, accountant, tax professional, and insurance professional. Learn more --> Points for Business Succession Planning...
Five Tips to Help Couples Talk About Money
Arguments about money often foretell divorce and are more intense than couples' fights over other subjects. Review these five tips to get on the same page and talk honestly—and regularly—about finances with your partner. Five Tips to Help Couples Talk About Money
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