Yes, You read that title correctly. If you die without having a VALID, written will, you technically die INTESTATE. This means you die without a Will. But the situation is even worse than you might think. If you die without...
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Rethinking Disability Protection In Your Business Planning
Why is it important to reconsider Income Protection in the event of a disability? After all, we are now talking about investment planning. How do the two interrelate? Simply put, with investments, you may elect to do a Qualified retirement plan...
The Battle
The battle between load funds vs no-load funds has raged on for decades. Before we shed some light on this often heated topic, lets differentiate between the two. Load funds are considered have a sales charge. This charge can be...
Different Classes of Investments
For our purposes, we will be discussing MUTUAL FUNDS. You are most likely aware that there are many investments vehicles in which to invest, annuities, individual stocks and bonds, Bank CD's and mutual funds. This discussion centers on mutual funds...
An Investment Primer
So you've decided to initiate your Business Succession plan by accumulating capital to buy-out a partner (s) interest in your business. By the way this works also if you are a sole proprietor just as effectively. There are a few...
Basic Investments
In our last post, we discussed the idea of using different investments to help buy-out a partner's interest in your business and/or accumulating capital as an additional source of income when you sell or transfer your business to another party. ...
Investment Alternatives For Buying Out A Partner’s Interest
Up to now, we've spent some time discussing how to buy out a partner's interest in the event of a premature death or a long-term disability. We also have described several ways to transfer your business within the family or...
Advantages Of Family Partnerships
The Family Partnership represents one unique way you can transfer your business within your family. Accordingly there are several advantages in doing this. Let's briefly discuss the most prominent advantages. First, it is an excellent way to reduce your...
It’s a Family Affair
Often when the topic of planning for the future of one's business comes up, the business owner strongly favors passing on the business to family members; specifically children or even grandchildren. One technique that is widely popular and helps achieve...