IRS Audits: What You Need to Know

April 16, 2024
Businessman smashed by boulder, representing IRS audits

The tax deadline is now behind us. Yet, some individuals and business owners are always worried about if they did everything correctly to avoid getting audited by the IRS. Filing taxes can be complex and some tax codes can be… Read Now >>

The Estimated Tax Penalty is at a 16-Year High

April 10, 2024
Tax and money concept, representing estimated tax penalty increase.

The United States has a “pay as you go” tax system in which payments for income tax (and, where applicable, Social Security and Medicare taxes) must be made to the IRS throughout the year as income is earned. This can… Read Now >>

Family Business Contingency and Succession Planning

April 2, 2024
Group of business people consulting, representing succession planning for a family business.

In family businesses, the intertwining of personal and professional lives adds a unique layer of complexity to business contingency and succession planning. It’s not just about ensuring business continuity or leadership transition; it’s about preserving a legacy that embodies family… Read Now >>

Succession Planning for Entrepreneurs: The Key Steps to Take

March 27, 2024
Business owner planning, representing succession planning

For entrepreneurs and real estate investors, estate planning and business succession planning are not just parallel tracks; they are intricately intertwined. A holistic approach to integrating these plans ensures that both personal and business assets are managed strategically, safeguarding your… Read Now >>

Succession Planning for Entrepreneurs: Ensuring a Seamless Transition

March 20, 2024
Businessman holding keys to signify business relocation

For entrepreneurs, the journey of building a successful business is often a reflection of their vision, hard work, and dedication. However, an equally important aspect of this journey is ensuring a seamless transition of this legacy. This process is known… Read Now >>

The Importance of Business Contingency Planning

March 13, 2024
Person holding fraying rope, representing business contingency planning for uncertain future.

In the ever-evolving world of business ownership, you must expect the unexpected. For entrepreneurs and real estate investors managing substantial assets, the ability to swiftly adapt to unforeseen events is not just a skill. It is a necessity. This is… Read Now >>

What is a Family Constitution?

March 6, 2024

When it comes to wealth management and legacy planning for affluent families, the concept of a family constitution is gaining traction. But what exactly is a family constitution? And, how does it play a pivotal role in managing your family’s… Read Now >>

6 Ways to Minimize Your Estate Taxes

February 28, 2024
Pen and contract, representing minimizing estate taxes for entrepreneurs

For high-net-worth entrepreneurs, estate planning is not just about deciding where assets should go after you’re gone. It’s also about implementing strategies to minimize estate taxes. You must ensure the wealth you’ve worked hard to build is preserved and passed… Read Now >>

Estate Planning Strategies to Protect Your Business Legacy

February 21, 2024
Business team, concept for estate planning for business owners.

For entrepreneurs, your business is not just a source of income; it’s a part of your legacy. Effective estate planning is crucial to ensure that both your personal and professional legacies are protected and passed on according to your wishes.… Read Now >>

An Entrepreneur’s Guide to Selecting the Right Estate Planning Attorney

February 14, 2024
Handshake, concept for selecting the right estate planning attorney.

For affluent entrepreneurs, selecting the right estate planning attorney is a critical decision. The right legal guidance can not only protect your wealth, but also the legacy left for future generations. An estate planning attorney’s role is to provide guidance… Read Now >>