Business Succession Planning

Estate Planning Now Must Include Digital Assets

Jan 03 2019

Chuck Hadad Discusses Estate Planning in Butler Business Matters Article Kyle Knapp keeps a little cha-ching in his cyber wallets, specifically, minimum balances of the digital currency Bitcoin and Ethereum. While many Butler area business people might not have jumped – …

Posted in Business Succession Planning, Estates and Trusts, Legal Watch

It’s Official…Federal Tax Reform!

Dec 27 2017
Federal Tax Reform

Wondering How Tax Reform Will Affect You or Your Business? Tax reform is here. President Trump signed the “Tax Cuts and Jobs Act” into law on December 22, 2017. The new law will affect millions of Americans in one way …

Posted in Business Succession Planning, Corporate, Estates and Trusts, Legal Watch

3 Essential Steps to Business Succession Planning – Part 3

Jul 12 2017
Business plan meeting

Design an Estate Plan to Transition Ownership of the Business You are beginning to think about retirement. You have been actively involved in building your business for years and have seen its continued success. You may have a child in …

Posted in Business Succession Planning, Corporate, Legal Watch

3 Essential Steps to Business Succession Planning – Part 2

Jul 05 2017
Business planning meeting

Develop a Management Plan for the Business You are beginning to think about retirement. You have been actively involved in building your business for years and have seen its continued success. You may have a child in the business, or …

Posted in Business Succession Planning, Corporate, Legal Watch

3 Essential Steps to Business Succession Planning – Part 1

Jun 26 2017
a business succession planning meeting

Begin With Defining Your Long-Term Personal and Business Goals You have been actively involved in building your business for years and have seen its continued success, but are beginning to think about retirement. Your situation may involve a child who …

Posted in Business Succession Planning, Estates and Trusts, Legal Watch

Employee Stock Ownership Plans: The Overlooked Business Owner Exit Strategy

Feb 10 2017

Employee Stock Ownership Plans, or ESOPs for short, are gaining momentum as “baby boomers”, who are turning age 65 at a rate of 10,000 per day for nearly the next two decades, look to retire. Many owners are looking to transfer …

Posted in Business Succession Planning, Legal Watch

Valuation Discounts for Family Owned Businesses

Nov 09 2016

Proposed Treasury Regulations May Bring Sweeping Changes to Valuation Rules If you own a family business and are considering transferring interests in your business to other family members through a succession plan, it’s important to gain a thorough understanding of …

Posted in Business Succession Planning, Corporate, Estates and Trusts, Legal Watch